The Denver office of Newmark Grubb Knight Frank (NGKF), along with United Properties and Principal Real Estate Investors announce INOVA Dry Creek, a campus that will include residential, office, and industrial components. INOVA Dry Creek is located at 7250 South Havana Street near Centennial Airport.
This September construction is expected to begin on a five-story 212,000 square foot speculative office building and will be the first of five buildings planned at INOVA Dry Creek. This first office building is seeking LEED Silver certification.
“We have been planning this project since the initial land closing in October 2014 and feel this is time to introduce INOVA Dry Creek to the market,” said Kevin Kelley, vice president and regional manager of United Properties, the owner and developer of the project. “Our project team’s successes at Enterprise Business Center in Stapleton demonstrate our ability to uncover market-changing opportunities.”
Powers Brown Architecture is providing design services on this development. Jason Addlesperger, Dave Lee and Mike Wafer of NGKF are leasing and marketing the project.
“The economic advantages at INOVA Dry Creek include a very competitive mill levy compared to other SES locations,” said Addlesperger, NGKF executive managing director. “United Properties is building new value by creating a suburban Class A spec office product that will provide starting lease rates under $20.00 per square foot, triple net lease and the highest SES parking ratio, at 5:1,000.“
The campus is planned to have dedicated cycling areas, locker rooms with showers, a bike repair station and on-site restaurant space.