Plans for a 30-story tower have been submitted to Denver’s planning office. The tower would be located at 19th Street and Arapahoe St. in Downtown Denver.

Chicago-based Riverside Investment & Development is developing this Downtown Denver project.

The above rendering was provided directly to Denver Urban Review from Reputation Partners, a public relations firm representing the project. A statement on the project was also provided.

“Riverside Investment & Development is excited at the prospect of joining the Denver business community in the near term. Each of our developments prioritizes quality, efficiency, technology and integration into the urban context, and our intent is to execute a similar approach for this property. We are pleased to have initiated the review process with the City of Denver and look forward to the next steps of collaboratively engaging key community stakeholders.”

The plans were submitted to the Denver planning office by Chicago-based architecture firm Goettsch Partners. Also named on the plans is Shears Adkins Rockmore Architects 

The planned site is currently a parking lot owned by Paradise Land Company.

The plans for this project show 628 parking spaces and 9,500 square feet of retail space on the first floor with the remaining space being dedicated for office space.

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These structures will be Located on the corner of 8^th Avenue and Grant Street within Denver’s Capitol Hill neighborhood,

Once renovated, 777 Grant will be a Class A asset and planned for the first floor lobby that will be a kitchen/café area with high-top booth seating; a large executive conference room; ground floor retail space; a new fitness center with lockers and showers; and bike and storage space. The 77,331-square-foot building will also provide tenants with 138 parking stalls in a below-grade parking structure and surface parking. 

757 Grant Street will be a ground-up, four-story residential building sitting atop a four-story parking structure. 757 Grant Street will be a studio-only, 68-unit development. Amenities will include a community room, fitness center and rooftop deck with lounge seating, gas grills and a fire pit. 

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The groundbreaking will took place on Wednesday, April 24 at 3461 Ringsby Court, behind the RTD facility.

Kabin will provide workforce housing to service industry and young professionals. Designed by a collaboration including Dynia Architects, Wenk Associates and Barker Rinker Seacat Architecture, the residences will primarily be one bedrooms with wood panel detailing on the exterior and interior areas, providing a warmer pallet. Zeppelin states the units have been designed to maximize sunlight.

Residents will also enjoy easy access to all of the amenities and services on the TAXI campus, including Comal, Black Black Coffee, a shipping container pool, conference rooms, community garden, and the early childcare education center

Kabin is scheduled for completion in the summer of 2020.

Renderings courtesy Zeppelin Development.

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Holliday Fenoglio Fowler, L.P. (HFF) has announced $54.60 million in acquisition bridge financing for the repositioning of 930 15^th Street, a 223,000-square-foot vacant office/data center building in Downtown Denver, Colorado.

The HFF team worked on behalf of the borrower, SteelWave LLC and Rialto Capital Management, to arrange the four-year, floating-rate acquisition and bridge loan through Square Mile Capital Management.  Loan proceeds will be used to acquire and reposition the asset into a state-of-the-art office building.

930 15^th Street is located at the corner of 15^th and Curtis Street in Downtown Denver. The property served as the administrative back office center of CenturyLink for the past 20 years and is currently vacant. 

Steelwave LLC and Rialto Capital Management with design by Gensler Architects will transform the asset into office space within the Denver CBD through significant renovations and modern amenities.  Planned renovations include a floor-to-ceiling glass curtain wall on two facades  Planned amenities include a collaboration lounge area, café and wine bar, rooftop fitness center, bike lab, rooftop event area and lounge, and conference center. 

The HFF debt placement team representing the borrower included director Leon McBroom and senior managing director Eric Tupler.

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Holliday Fenoglio Fowler, L.P. (HFF) announces financing for the development of The Edge LoHi, a 44-unit, upscale condominium development in Denver’s Lower Highland (LoHi) submarket.

A ground-breaking ceremony was held at the site last week.

The HFF team worked exclusively on behalf of the developer, Alpine Investments, to arrange the 36-month, floating-rate, non-recourse construction loan through balance sheet lender Sambla’s lån uten sikkerhet program.

The Edge LoHi will be situated immediately north of Interstate 25 in the LoHi neighborhood near the intersection of 17th Street and Boulder Street. Due for completion in 2019, the property’s for-sale homes will feature high-end finishes, unobstructed views of the Denver skyline and an outdoor space for every condo.  Community amenities include a dog spa, storage units, bike storage and repair room, lobby lounge with a fireplace and coffee bar and secured building and garage access.  Approximately 30 percent of the units were pre-sold at the time of closing.

Cuningham Group Architecture designed the project. Bristlecone Construction is the general contractor.

The HFF team representing the borrower included directors Leon McBroom and Brock Yaffe.

Renderings courtesy HFF.

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Forest Park 12, a new residential townhouse development located near the intersection of South Forrest Street and South Leetsdale Dale Drive.  Forrest Park will include 12 for-sale 2 bedroom townhomes between 1,519-1,648 square feet.

Construction is underway on Forrest Park 12 and the foundations have been poured.

Pricing starts in the low $500,000s and the project has an anticipated completion date of 1st Quarter 2019.

The homes are being marked by redT Homes.

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Rendering courtesy Sagebrush Companies.

Sagebrush Companies, has announced their newest multifamily development: Lakewood Heights at Sloans Lake, a 200-unit apartment property located at 16^th and Sheridan Boulevard, at the corners of Edgewater, Denver and Lakewood.

“We have an outstanding team that includes longtime Denver real estate visionary Dan Ezra of DAE, the talent of Parik Stephens Architects and Shaw Construction, all dedicated to delivering a high-quality development to this emerging part of Lakewood,” said Robert “Jake” Jacobsen, CEO and founder of Sagebrush Companies.  “We take a great deal of pride in identifying unique real estate opportunities that will bring success to our partners and most importantly, the communities we intend to serve with our projects.  Lakewood Heights at Sloans Lake will accomplish all those things.”

Construction of Lakewood Heights at Sloans Lake is scheduled to begin in June of this year. It will feature studios and one and two-bedroom units. Some of the amenities are 24-hour workout on demand, a rooftop terrace with views of the Denver skyline, and an infinity pool.

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The HFF team worked on behalf of the borrower, Lionstone Investments, a data-analytics driven real estate investment firm, and Crescent Real Estate LLC to secure the four-year construction loan through PCCP, LLC.

Due for completion in August 2019, Platte Fifteen will feature 136,000 square feet of office, 16,000 square feet of ground floor retail, a 38-stall surface level parking garage and a 198-stall subterranean parking garage.  The five-story, Class A property will have typical floor plates ranging from 32,000 to 35,000 square feet and will offer tenants a rooftop deck with views of downtown and the Front Range.  Platte 15 is located at 2373 15^th Street on the corner of Platte and 15^th just minutes from downtown’s Union Station, Central Platte Valley, LoDo, the Pepsi Center, Coors Field and Interstate 25, Denver’s main north-south arterial.

The HFF debt placement team representing the borrower included managing director Colby Mueck, senior director Jim Curtin and director Leon McBroom.

Rendering courtesy HFF.

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