Site Description
- Block 1 The Common Subdivision filing No. 5, City and County of Denver, State of Colorado
- Real Property address: 1601 Wewatta Street, Denver CO 80204. The property location is northwest of Union Station in Central Platte Valley ("CPV") district.
- 1.86 acre parcel - 81,000 square feet
- PUD Zone Filing - can be developed as office, retail and residential of 550,000 square feet.
Build to Suit
- Will support up to 550,00 square feet of mixed use
- Designed to meet top energy and environmental design standards
Strengths
- In 2007, reports indicated the CPV area attracted $2 billion of private capital.
- Prior to economic downturn, LoDo and CPV districts were running $8-10 per square foot more than in Denver Tech Center.
- Site is part of The Commons, a re-developed CPV neighborhood to the North and West of Union Station, which means the Site can benefit from two factors not often found in redeveloped districts:
- The Commons does not fall under the same historic guidelines as nearby LoDo, allowing greater flexibility in building design and land use.
- Near a regional transportation hub that is expected to server 100,000 commuters daily by its completion in 2017, offering attractive destinations for businesses.
- Site is also a "gateway" to The Commons and other commercial development surrounding the new Union Station complex (surrounded by Class A buildings and next door to the new EPA headquarters).
For information,
contact Jay Perlmutter at 303-595-9919 or by email.
