Today I have a quick update for you on the 149,000 square foot office building going up at East First Avenue and Saint Paul Street. Since our update in May, this project has gone from a large hole in the ground to a climbing steel structure that has now risen five-stories. 100 Saint Paul will top out at a total of 8-stories.
That’s it for this round of Cherry Creek updates! Next week we will head back to Downtown Denver and look at all of the great infill going up there!
When the Cherry Creek boom took off early last year, the Steele Creek Apartments project was the first large scale building to get off the ground. Since then, the 12-story, 250-unit building has topped out and is starting to shape up.
Here is both a street level perspective, taken from First Avenue and Steele Street, and an upper vantage point of the building. The blue glass facade has started to go in along with the brick on the east side of the building. The podium looks a little daunting at the moment however, there will be some treatment for the blank wall, as seen in the rendering.
The back side of the project was a little more difficult to see in the rendering. The 12-story building is accompanied by an 8-story building along First Avenue which shares the same facade materials as the taller portion of the project.
As you saw in our last update, Cherry Creek is densely filled with low and mid-rises. In that environment, even a 12-story building has a pretty large impact. Here is the project looking down Steele Street from around Virginia Avenue.
The Steele Creek Apartments will be complete in March 2015, making it the first large project to wrap up in the Cherry Creek neighborhood during this new wave of development.
Since our last update in May, 250 Columbine has made significant progress, including the office portion of the project topping out! As a refresher, 250 Columbine is contributing 70,000 square feet of office space and 80 condo units to the Cherry Creek North neighborhood.
Topping out at 8-stories, this project is beginning to make its mark on the Cherry Creek skyline. The residential portion is still rising with two-stories to go.
250 Columbine occupies the entire eastern half of Columbine Street between Second and Third Avenue. While it looks like one long building from the corner, I was surprised to find out that the office and residential components are split with ample space between them.
Last but not least, I have a very special bonus for you. Back in early August, Shawn Murry of CloudBase Aerial Imaging gave us this spectacular aerial of Cherry Creek to use for this update. Shawn specializes in low altitude aerial photography and filming for land planning, real estate development, and other industries. For more information, please visit CloudBase at www.cloudbaseheli.com.
Not only can you see how large of an impact 250 Columbine has but also how dense the Cherry Creek neighborhood is with a great spine of density leading up to Colorado Boulevard. Seems like somewhere an enhanced transit corridor should belong!
250 Columbine, Denver’s only condo project in the works, is already very close to selling out and has an expected delivery of early next year. For pricing and more details about 250 Columbine including a webcam, head on over to the project’s website.
Good news! DenverInfill has learned from Newmark Grubb Knight Frank, the brokerage firm handling leasing for the proposed 1401 Lawrence office tower, that the official groundbreaking for the project will take place on October 1, 2014. For more about this project, visit our last update here.
By the way, the tower has gained a floor since our last report. It now will be 22 stories tall and contain 298,000 square feet of office space and 8,000 square feet of ground-floor retail. Toronto-based First Gulf Corporation is the developer. For more information including a downloadable PDF with additional building details, visit the First Gulf’s project website.
Since our last update on The Casey, formally known as 2100 Delgany, a lot of progress has been made over the past nine months, as you would expect. The six-story, 187-unit apartment project has topped out and is now only a couple months from completion.
First we will start with some shots from a nearby rooftop. As you can see, the structure is complete and closed in at six-stories. Workers have also started on the facade on the south end of the building.
The facade is mostly comprised of brick with some paneling and stucco mixed in. As far as the main structure, the first floor is concrete with five-stories of timber on top.
Last but not least, here is a view of the project from the Wewatta viaduct, heading down into Union Station and Prospect.
The next time we look at the Casey will be for the final update in a couple of months. See you then!
Last month, we posted an update on a project that was already underway and had very little information out about it. Recently, DenverInfill has obtained information on the MOTO Apartments, formally known as 820 Sherman, going up in Capitol Hill, thanks to the good folks at Gensler.
According to the press release, the MOTO (Middle of Town) Apartments will feature 64-units in a six-story building over 61 parking stalls and 3,000 square feet of ground-floor retail. Amenities include a specialized bike room, and upper deck containing a pool and community courtyard. Here is a rendering, courtesy of Gensler Architects.
Two tenants, Black Eye Coffee Shop and Proper Barber Shop, have already been announced to occupy the ground floor retail which is great news! Completion for this project is expected Spring 2015. For more information on the MOTO Apartments, including floor-plans, head on over to their website.
Similar to our series of updates on Downtown Denver’s multifamily residential projects, let’s take a summary look at Downtown Denver’s new office projects.
Projects included in the map and table below are those that are new construction projects with an office component that have been completed, are under construction, or proposed since January 2010 and located within a 1.5-mile radius of a geographic central point (17th and Arapahoe) in Downtown Denver. Projects outside of the green circle but within the extent of the Google Earth aerial image are not shown. A project is included in the Proposed category if a development application has been filed with the city or if the project has otherwise been made public to some degree. The gross office square footage figures listed are approximate and the number of floors listed is for the entire building, not just the office portion in the case of mixed-use projects.
Here’s our Downtown Denver New Office Projects map for September 2014. Click to embiggen:
Here is a summary table to accompany the map. Click here to download both the map and table in PDF format.
Nearly 1.5 square feet of office space has been developed in Downtown Denver since the start of the decade, and almost another one million square feet is currently under development. The Proposed projects that are most likely to break ground next are 1881 16th Street and 1401 Lawrence (probably before the end of the year) and 1144 15th Street is reportedly scheduled to start in May 2015. At the end of the 2nd Quarter 2014, the Central Business District office vacancy rate was a little over 12%.
Edit 2014-09-14, 9:25 PM: Updated exhibits with corrected square footage information.
The Prospect neighborhood has started to become a very tightly knit urban area with street-walls of residential buildings at every turn. With very few empty lots left, the Residences at Prospect Park take up what was one of the largest dirt lots in the neighborhood.
This building, which will top out at five stories, is impressively long with a span of around 750-feet. To put things into prospective, that’s 36 feet longer than Republic Plaza, Denver’s tallest building, if it were laying down and double the length of projects such as 2020 Lawrence, and Legacy 22nd. Here are some recent photos of the project. Because of the size, there are a total eight stairwell/elevator cores going in.
The Residences at Prospect Park will contribute 296-units to the Prospect neighborhood and has an expected delivery of early 2015. The last time we visited this project was over a year ago so in case you need a refresher, make sure you visit our announcement and updated rendering posts!