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1144 Fifteenth Street breaks ground

June 9, 2015 7

1144 Fifteenth Street.This morning ground was broken on Denver’s next iconic skyscraper, the 40-story 1144 Fifteenth Street. Members of the development team were on hand along with representatives from the City of Denver.

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.

Image courtesy Hines.

Image courtesy Hines.

“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.”

Model of 1144 Fifteenth Street.

Model of 1144 Fifteenth Street.

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.”


1144 Fifteenth Street

There are 7 comments

  • Alex says:

    Looks great! Excited for this to go vertical. Hopefully more to follow. Thanks for the coverage!

    • Justin says:

      Alex, I am also excited to watch this project take shape. It will be a joy to watch 1144 Fifteenth Street rise over the next 2.5 years. They are saying a 31 month build for this skyscraper.

  • Freddie says:

    Do we know how close that blank wall will come to its under-construction neighbor?

  • Alex says:

    Also, do you know if Four Seasons has any intention of developing the remaining parking lot on the west side of the block along Lawrence?

    • Justin says:

      At this point I have not heard anything. I know that when the below grade work for the Four Seasons was taking place, the site was prepared for a future residential tower. If I recall correctly it would be in the range of 30 floors.

      From the drawings there will only be a few feet between 1144’s parking podium and the Four Season’s amenity deck/ballroom meeting space. I bet 1144 will be built as close to the property line as the city will allow to maximize the size of the floor plates. Below is some additional info on the floor plates:

      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.

  • […] Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged and closed joint venture equity and construction financing for of 1144 Fifteenth, a 40-story skyscraper that broke ground on Wednesday. […]

  • […] of the month was the ground breaking of 1144 Fifteenth Street. This skyscraper will rise to 603 feet and will redefine the Denver skyline from most angles. Hines […]

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