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Archive of posts filed under the Land / Building Use category.

Downtown Denver Non-Residential Projects: June 2015 Update

Earlier this month we took a look at the dozens of multi-family residential projects developed in Downtown Denver since 2010. Today, we are focusing on Downtown’s non-residential development projects—that is, office, hotel, civic, and institutional uses—during the same time period. We did something similar in September 2014, but that was for office projects only.

1144 15th Street (left) and 1401 Lawrence (right) office developments. Image courtesy of DenverInfill reader Elizabeth W.

1144 Fifteenth Street (left) and 1401 Lawrence (right) office developments. Image courtesy of DenverInfill reader Elizabeth W.

As with our recent residential analysis, projects included are those within a 1.5-mile radius of the historic D&F Tower at 16th and Arapahoe, which works well as a geographic center for the Downtown area. Click on the image below to view in full size our June 2015 Downtown Denver Non-Residential Projects map and table. Use this link to view/download a high-resolution PDF version (6 MB) formatted for printing at 11″ x 17″.

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Please note: The gross square footage figures listed are approximate. All projects are new construction with the exception of the Crawford Hotel at Denver Union Station and the Marriott Renaissance Hotel at the Colorado National Bank building. These two adaptive reuse projects were included to provide a more complete look at the Downtown hotel development market.

Office: Since 2010, approximately 3.2 million square feet of office space has been completed or is currently under construction in Downtown Denver. That represents roughly a 10% increase in the total Central Business District office inventory. The number of publicly announced Downtown office projects that have not yet broken ground is now down to just a handful. This is probably a good thing, as it makes sense to see how quickly the nearly 2 million square feet of space currently under development is absorbed. Fortunately, there are a lot of positive factors driving demand for office space in Downtown these days, such as the increasing number of firms who recognize their employees want great access to transit and an engaging, walkable work environment.

Hotel: 1,430 new hotel rooms have been added since 2010 with another 983 currently under construction. All of these, with the exception of the Fairfield Inn Lower Highland, are in the core Downtown area within easy walking distance of the Colorado Convention Center and/or RTD’s free MallRide or MetroRide. If and when the two hotels in the Proposed category are completed, they will put the number of hotel rooms in the Downtown core over 10,000 for the first time. Meanwhile, tourism numbers for Denver are setting records, business is booming at the Colorado Convention Center, and Downtown hotel occupancy rates are very strong.

Civic/Other: The public and institutional sectors have been busy investing in Downtown Denver, with over 3 million square feet of space added through numerous civic buildings, museums, and educational and health facilities.

The Proposed section for all three use categories is limited to those projects we’ve covered already on DenverInfill. Of course, there are more developments “in the pipeline” than these, but projects that haven’t been made public can be hard to quantify, so we’re not attempting to do so as part of this assessment.

In summary, Downtown Denver is firing on all cylinders. A strong office market fueled by companies moving Downtown for its desirable transit/walkable environment? Check. A strong hotel market driven by booming convention center business and Downtown urban tourism? Check. A steady stream of public and institutional projects reflecting our community’s desire to keep Downtown the civic heart of the city and region? Check. An off-the-charts Downtown multi-family residential market reflecting strong demand for an urban lifestyle? Check. Like all booms, this one will someday come to an end. Hopefully it will be a “soft landing” as they say. For now, however, the sheer magnitude of new infill development in Downtown Denver since 2010 (my rough estimate: $5 billion) is staggering; a sign that we must be doing something right.


Central Platte Valley: The Confluence Update #7 (Above the Infill Edition)

Let’s wrap up the week with a quick update on The Confluence, a 34-story, 288-unit apartment project going up in the Central Platte Valley. As mentioned in the title, this post will be full of aerials.

Who am I kidding? It was a fantastic sunset last night after the storms rolled through and The Confluence site happened to be in a few frames as I was flying my quad around. So as I write you saying that excavation is underway at The Confluence and there is a big hole in the ground, you probably have already moved on, distracted by the aerial photos below. Just make sure you click to embiggen!

 

 

Have a great weekend DenverInfill readers!


New Speer Neighborhood Project: Country Club Towers

A very large apartment project is coming to the Speer neighborhood, close to the border of Country Club. To orient yourself with the neighborhoods around Central Denver, check out the City and County of Denver’s interactive neighborhood map. Since 2013, the Speer neighborhood has been part of Denver’s apartment boom, adding multiple 5- and 6-story buildings totaling around 350 units.

Twelve years ago, the Broe Real Estate Group had an ambitious plan to build two 30-story towers. Upon proposal, they received an approved development agreement with the City of Denver to build the 300-foot towers, which were consistent with zoning that has been in place for decades. As you can imagine, the neighbors, living in single-family homes and small condo units, were not happy about this proposal. Concerns over traffic, loss of views, and large shadows came up in the various public meetings the development firm held.

Broe trekked on with their plans and held a ground breaking ceremony at the Country Club Towers site this past Monday. Most of our readers have known about this project as it’s been in the works for a very long time. Because the design review for this project was very extensive, we here at DenverInfill wanted to make sure we gave you the final renderings and facts to avoid confusion down the line.

First, let’s start off with an aerial view with the site outlined. As you can see, some demolition was needed to make way for this project.

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Without further ado, here are the Country Club Towers: a twin 30-story tower, 558-unit apartment project, designed by SCB Architects, developed by The Broe Group, and built by Swinerton. All of these renderings are courtsey of the project’s website.

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Here is the ground floor, designed to fit in with the surrounding buildings.

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The existing gardens will also be incorporated in this development.

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Residents will be provided with 1,005 structured parking spaces giving the project a parking ratio of 1.8:1.

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Last but not least, here is a detail shot of the east building. The Country Club Towers will feature a glass and masonry facade.

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Swinerton has provided the public a construction timeline, which can be viewed below. Currently, excavation and shoring is underway with foundation work scheduled to start any day. We should see a couple of tower cranes on this site by October.

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Country Club Towers is scheduled to be complete around mid-2017. We will get out there soon to take some photos for the first update!


Five Points-Curtis Park: 2460 Welton Update #2

Staying in the Five Points – Curtis Park neighborhood, there is another project well underway along the Welton corridor; just across the street from the now under construction, 2300 Welton Street.

When we visited Five Points last weekend, we noticed that this project has officially broken street level. Here are some photos of the project site. As a refresher, 2460 Welton street is a 96-unit project featuring 14 townhomes and 82 apartment units.

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That’s a wrap on our Welton Corridor update spree. There are a total of 319 units under construction along Welton Street with more residential, office, and hotel units on the way!


New Five Points-Curtis Park Project: 2560 Welton Street

The Welton corridor, running through the Five Points neighborhood, is booming with new development. Going exactly one block down from the Rossonian project, which we just announced yesterday, another high-density project is in the works.

2560 Welton Street will eventually occupy another very large hole (surface parking lot) in the urban fabric of the Welton corridor. Here is an aerial with the site outlined.

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According to the Five Points Business District, 2560 Welton will provide the neighborhood with 130 apartment units, 15,388 square feet of office, 9,266 square feet of retail, and 191 parking spaces in an 8-story structure. Here are some renderings of the project courtesy of the Five Points Business District, Shears Adkins Rockmore, and Craine Architecture.

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2560 Welton Street will take a similar shape to Verve along Delgany Street, with a set-back middle portion. The 25th and Welton light-rail stop is right out the front door giving residents easy access to Central Downtown and eventually Denver International Airport, once the central rail extension takes place.

Here are two photos of the site. Even though these were taken last fall, nothing has changed except for a construction staging area in the middle of the lot.

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Just like the Rosonnian, the timeline for construction is unknown however, Palisade Partners and Confluence Companies are working hard to make this project a reality. We will keep you updated as more details come in.


New Five Points-Curtis Park Project: The Rossonian

Today you get two posts in one day from your friendly DenverInfill contributor. Since November 4th, I have had ‘The Rossonian’ sitting in my drafts waiting for final renderings and details. Seven months later, we can finally announce the project here on DenverInfill, with credible details!

Located at 2650 Welton Street, there is a bold vision to redevelop the site around the Rossonian Hotel while incorporating the original structure, built in 1912. According to the Five Points Business District, Tim Walsh of Confluence Companies announced the project specifications back in April. This development will feature 105 guestrooms, two resturants, a jazz club, fitness center, 60,000 square feet of collaborative office space, and 152 public parking spaces. Below is a rendering of The Rossonian project, courtsey of the Five Points Business District.

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Here are some front and back photos of The Rossonian site. Some demolition will be needed to make way for the 8-story structure behind the 3-story historic hotel.

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When I took these pictures back in October, fall-time was in peak and Denver was truly shining that day. Here is a bonus picture with all things city-like: trains, great urban fabric, and skyscrapers.

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A construction timeline has yet to be announced but the ball is rolling as companies are lined up to make this project happen. We will keep you updated as we get more details!


Five Points-Curtis Park: 2300 Welton Update #1

As you saw yesterday, the parking lot where 1144 Fifteenth Street is going to stand has now been relieved of its surface parking duties. 1.2 miles down the road, another large surface parking lot been cured of the known Denver disease, parkinglotitis.

2300 Welton is a 223-unit apartment project taking up the full half block between Park Avenue West and 24th Street along the Welton corridor. Heavy construction equipment has been moved on site and caisson drilling has commenced.

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At this time, we do not have any final renderings of the project but head on over to our announcement post for a good idea of what 2300 Welton will look like.


Central Downtown: 1144 Fifteenth Update #3

Another surface parking lot has been successfully eradicated from Downtown Denver!

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Thank you, Hines, for the photo (and the project).