The office tower will be the tallest commercial building constructed in Denver since the energy boom of the 1980s. The project will consist of 27 floors of office space on top of a 13-story parking podium. The architect of record on this project is Pickard Chilton.
“I can’t believe this is actually happening. As I have slept, I have played this moment out in my dreams hundreds of times.” stated Hines Managing Director, Jay Despard. “We won’t be sleeping much over the next 31 months, but we have put together a great team.”
Hensel Phelps is the general contrator and the developer is Hines, who is also developing the 1601 Wewatta office project near Denver’s Union Station. 1144 Fifteenth will be constructed on the same block as the Four Seasons on 15th Street between Lawrence and Arapahoe Streets.
Paul Washington, Executive Director of Denver’s Office of Economic Development was on hand for the ground breaking and addressed the crowd.
“I am energized that we have such a vibrant downtown. I take the bus to work everyday and am fortunate to see the cranes every morning as I come into work,” Said Washington. “Because of projects like this we continue to remain as one of the hottest real estate markets in the country.”
A state-of-the-art, 5,000-square-foot fitness facility will be included in this project. The structure will be clad in high-performance glass and aluminum curtain wall and will feature floor-to-ceiling glass, 25,000-square-foot, highly efficient floor plates, and 10-foot ceilings on typical floors. This project is being built 100 percent speculative and currently no tenants have been signed to lease space. JLL will be handling brokerage services for the leasing of office space.
Barry Dorfman, President of the Rocky Mountain Region for JLL said, “To attract and retain the best and brightest talent, corporate users are demanding best in class assets with modern amenities in irreplaceable locations. With this project, Hines will deliver this (skyscraper) to the Denver market for the first time in over 30 years.”