GREENWOOD VILLAGE — Construction is underway on a 10-story office building expected to be a keystone of Greenwood Village’s development on the east side of Interstate 25.
Dozens of people, including city leaders and the project’s developers, gathered at the construction site, just north of the RTD park-n-Ride at South Yosemite Street and East Caley Avenue, on Wednesday, Feb. 17, for a groundbreaking ceremony. The project has been underway for several weeks.
The building will be called Granite Place at Village Center. It is being developed through a partnership between Texas-based , which owns 950,000 square feet of office real estate in the Greenwood Village area, and Denver’s . When work wraps up in the early part of 2017, it will bring 300,000 square feet of high-quality office space to Greenwood Village, just a short walk from the highway-spanning bridge that accesses the Arapahoe at Village Center light rail stop on the west side of I-25.
“I think it’s going to set the standard for office in the whole Denver metro region, not just this area,” Granite managing director Stephanie Lawrence said at the short ceremony.
Confluent president Marshall Burton said proximity to light rail is just one amenity that will make the building attractive to prospective tenants. It’s also near trails and will have plentiful on-site, public space, a fitness center, conference facilities and a 1,000-space parking garage.
“I can tell you honestly that this project holds the prospect of being the most challenging, most fulfilling, more rewarding and most successful that we have ever endeavored,” Burton said.
Also in attendance were and Walter “Buz” Koelbel, Jr., whose family real estate firm, originally owned the property.
The building will be part of what city leaders hope soon will be a busy center on the east side of the highway, complementing the more heavily developed area to the west.
A is planned for the space now occupied by an RTD outdoor parking lot south of the Granite Place site. The city in 2014 announced the creation of a business improvement district to help pay for some of the improvements necessary to clear the way for that project, which will be the first 5-star hotel in the Denver Tech Center area.
Progress on Granite Place at Village Center is being documented with a time-lapse camera on Confluent Development’s website at . On the drop-down menu under “Expertise,” click on the “office” tab. Then click on the link for “Village Center” to access the camera feed.
Joe Rubino: 303-954-2953, jrubino@denverpost.com or @RubinoJC
