The development team of the 1601 Wewatta project has announced two new tenants in Hogan Lovells LLP and the Colorado Athletic Club. This project is currently under construction in Denver’s Union Station neighborhood and is expected to be completed this July.
“We are very pleased to announce these first two preeminent tenants in our building,” said Hines Director Gordy Stofer. “Hines has had a 30 plus-year relationship with Hogan Lovells in Washington D.C., and we are very proud that they have chosen to build on that relationship with us here in Denver.” Stofer added, “Additionally, with Colorado Athletic Club as the premier health club operator in the Denver area, they will provide an unmatched amenity to both our building and the Union Station neighborhood. We’re confident of their long-term success here.”
The ten-story 1601 Wewatta was designed by HOK and contains a total of 283,000 square feet of office space and 17,000 square feet of ground floor retail space. Below grade, this development will provide parking for 400 vehicles. This project was developed as a joint venture between Hines, Jordon Prelmutter & Co., and J.P. Morgan Asset Management. 1601 Wewatta is LEED Gold pre-certified.
“We have enjoyed being in one of downtown’s premier buildings and now we look forward to being an anchor tenant in 1601 Wewatta,” said Hogan Lovells Denver partner Craig Umbaugh. “The redevelopment of the Union Station area has created a great vibe and energy in the city.”
Hogan Lovells LLP signed a 15-year lease to occupy the top two and a half floors accounting for 70,000 square feet of office space. The Colorado Athletic club is set to utilize the entire second floor comprising of 38,000 square feet of space.
Added Jay Perlmutter, Principal for Jordon Perlmutter & Co, “It is exciting to finally see the Union Station area fully come to life. Given our firm’s long history in Denver, we are thrilled to be a part of this chapter in its exciting growth story.”
Hines is also developing the 40-story 1144 Fifteenth Street commercial development in downtown Denver. This skyscraper will rise on the same block as the Four Seasons. Site prep work has just started. Representatives from Hensel Phelps, the general contractor of 1144 Fifteenth Street confirmed with Denver Urban Review that trees and the surface lot that currently occupy the site will be removed and torn up this week. This will be the tallest office building constructed in Denver since 1985.