This afternoon Lincoln Property Company and ASB Real Estate Investments have announced that they will be breaking ground on a 450,000 square foot mixed-use development at Colorado Center, a mixed-use complex at 2000 South Colorado Boulevard.
This project will include a 210,000 square foot class AA office building and a 205,000 square foot residential tower that will house 189 apartments and 80 loft-style units and a fitness center. Also included in this development will be the addition of 40,000 square feet of new retail space. The office and residential components will be housed in two separate buildings.
This development will take shape near the intersection of Colorado Boulevard and I-25. An RTD light rail stop is adjacent to this property. A Dave & Busters and Colorado Center Stadium 9 & IMAX currently call Colorado Center home.
Scott Caldwell, Senior Vice President of Lincoln Property Company Denver, has envisioned this project since Lincoln Property Company and ASB Real Estate Investments purchased the property in 2006. “It’s been in the works for quite a while. This is a cutting-edge project, designed for a lifestyle. A highly visible, centrally located place where companies can attract, entertain and live. The time is right, and we are excited to get this project started,” says Caldwell.
Denver-based Tryba Architects is the primary architect on the project. “We are thrilled by the opportunity to elevate the existing design of Colorado Center, creating a vibrant, 24-hour Main Street in the heart of a rapidly changing and developing region. With the addition of the light rail station and new pedestrian/bicycle bridge, access to the site is unprecedented, generating a true center to the surrounding neighborhoods and the 1-25 corridor,” said William Moon, AIA, Managing Principal.
Kansas City-based JE Dunn has been announced as the general contractor. The groundbreaking is scheduled for this month and construction is slated to be completed in December 2016. Construction will take place in three phases: the Class AA office tower, the retail main street and the residential tower.