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Denver, Colorado – Denver construction has been booming. Residential construction is expected to account for about two-thirds of the market’s growth in 2021. The market, on the other hand, is likely to return to normal in 2022. There are two possible explanations for the recent uptick in activity: first, the surge of new residential development that has swept the nation. When the epidemic began in 2020, many initiatives were either halted, terminated, or put on hold. These projects have resumed now that the situation has settled at least a little bit more. This had a negative impact on volume in 2020 but a positive impact in 2021.
Denver’s central location between the East Coast and the Midwest makes it an ideal location for distribution and storage operations. However, the city’s unemployment rate has remained lower than the national average despite the fact that it still has a long way to go before it reaches pre-pandemic levels once again. Construction employment is at a historically low level, although this is not projected to have a significant impact on prices in the near future because of the expected decline in demand.
Some of the most notable Mixed Use & Residential Construction Projects In Denver, Colorado Are:
2950 Arkins Court
As an international developer based out of Vancouver, WA but with an increasingly dominant Denver presence, the Holland Partner Group has made their influence known within the city. The company is currently contracted to construct an eight-story building alongside the RiNo Promenade which is nestled next to the Platte River.
This mixed-use project has been designed by Engine 8 Architecture, a Denver local firm. Engine 8 is working to offer 365 riverside apartments by the spring of 2022
Founded in 2001, the Holland Partner Group has since been recognized as a prominent figure in the development of high-quality investment properties surrounding the Western region of the United States. Company professionals are well versed in the fields of development and construction of mixed-use properties including office, residential, parking garages, and retail assets. HPG notably practices among world-class lifestyle experience designers, architects, interior designers, sustainable consultants, landscape artists, and technologists to create the most exceptional and luxurious residential communities and properties.
HPG has aided in the development and acquisition of more than 50,000 apartment homes exceeding a total of $20 billion. The company’s largest clients reside in the highest growth Western U.S. markets particularly Seattle, Portland, Los Angeles, Denver, San Diego, and the San Francisco Bay Area.
As for the Denver native, Engine 8 is a creative architecture and design firm promoting efficiency. The team has considerable experience in mixed-use projects, multi-family residential, hotel, retail, restaurant, adaptive re-use, athletics and recreation arenas, civic and museum, education, single-family residential, and custom installation projects.
Chicago developer Golub & Company and Denver developer Formativ are partners working together on the 13-acre Denargo Market. The mixed use planned neighborhood project in the RiNo Art District will compose of new housing, retail, and commercial and open-air space besides the South Platte River.
Golub & Company have made their mark as one of Chicago’s most successful family businesses. Founded 60 years ago, Golub has manifested a generous, trustworthy reputation as a co-investor and developer. The organization has owned, leased or managed over 50 million square feet of commercial, mixed-use and multifamily real estate properties including 45,000 residential units amassing a value of $10 billion.
In 1989, Golub launched their international initiative, becoming one of the first U.S. development companies to enter the regions of Poland, the Czech Republic, Hungary, and Russia.
Formativ prides itself on being a full-service real estate development and investment firm with a centralized specialty on urban infill. Formativ has served as a leader in the development of over 2 million square feet of traditional, medical, and creative offices, 400 hotel rooms, and over 100 condos. The company currently is invested in six active projects totaling a value of over $1.5B+ and reaching over 3 million square feet.
The civic architects of Tryba Architects strive for sustainable urbanism, unifying people and places. With over 30 years of experience as nationally recognized architects, urban designers, interior designers, branding specialist, and financial strategists, the company focuses on highly visible and iconic projects. The firm now develops new urban structures across the U.S. assimilating to over $3 billion worth of projects in almost every sector.
Sasaki Associates specialize in architecture, interior design, planning and urban design, space planning, landscape architecture, civil engineering, and interdisciplinary expertise. Throughout the past seven decades, Sasaki has garnered over 800 national and international design awards.
Denver’s very own McWhinney is the developer for Foundryline, a 17-story building amounting 348 apartments located at 3750 Blake St. Five Points. Craine Architecture of Denver fashioned the design for the project. The building will further include a rooftop pool and 14,000 square feet of restaurants and shops in addition to an art gallery, a spa and sauna, a co-working space, and 30 units devoted to attainable housing.
Established in 1991, the real estate investment company McWhinney has since prioritized sustainability and community impact as their main goals. After 30 years of successfully developing innovative offices, corporate headquarters, medical hospitality, and residential space, McWhinney has nationally created over 10 million square feet of space. Exemplary buildings and structures of Colorado including but not limited to the Denver Union Station, the Dairy Block, and the Centerra have all been fastened by the drive and excellence of the McWhinney team.
Craine Architecture is a Denver based architecture and design firm specializing in single and multi-family residences, hospitality and resort, mixed-use, and urban infill development. The company collectively hold licenses in 9 states. Notable projects involve Zia, the Eddy Hotel, the Rossonian, and Fairmont Breckenridge.
McGregor Square opened this year at the corner of Wazee and 19th streets. The three-building complex hosts a central plaza for sport watching and includes the Rally Hotel and 103 condos priced at a starting rate of $499,000. Dick Monfort, owner of the Rockies Team, recruited investors while Hensel Phelps developed the buildings and Canada-based architecture firm Stantec designed the structures. The taxpayer funded Denver Metropolitan Major League Baseball Stadium District owns the land.
Since 1937, Hensel Phelps made their core values of ownership, integrity, builder, diversity, and community evidently known. The company is applauded for their creation of iconic landmarks and long list of repeat clients. With 15 Build America Awards and 52 National Safety Awards, Hensel Phelps is noted for their quality of workmanship integrated into every project.
Stantec’s team of designers, engineers, scientists, and project managers work together to innovate a balanced dynamic of community, creativity, and client relationships. Originating in 1954 as a one-person firm, the Stantec community now employees approximately 22,000 employees in over 350 locations across 6 continents. Stantec is skilled in the areas of architecture and interior design, building engineering, climate solutions, community development, digital, environmental services, geomatics, geotechnical engineering and materials testing, international development, landscape architecture, mining services, oil and gas EPCM services, sustainability, transportation, water services.
One Platte is bringing over 240,000 square feet of office space to 1701 Platte St. The building is in the process of being developed by Nicholas Partnership of Denver. Beck Group crafted the design of the building.
Nicholas Partnerships is a proven leader in supplying high quality urban real estate development throughout Colorado. Development projects included multi-family, residential, retail, office and hotels which have ranged from a value of $4 mill to $175 million.
The Beck Group works with real estate developers, corporations, organizations, and institutions to effectively design and build reliable facilities. From 1912, Beck has had trendsetting, groundbreaking, and award-winning leadership. Famous projects which emerged by Beck include the Peachtree Center Redevelopment in Atlanta, Georgia, the Omni Barton Creek Resort and Spa in Austin, Texas, the Dickies Arena, the Texas Health Resources Recovery and Wellness Center, the University of Texas at Dallas Engineering Building, the MLK Federal Building, the Beverly Hills Hotel, and the Texas Motor Speedway.
One River North
One River North is a new high-rise luxury resident and retail construction project which broke ground in Denver at 3930 Blake Street. Head developer, The Max Collaborative, mentioned that 187 apartments will be available for rent starting in 2023. Uplands Real Estate Partners of Washington, D.C., Wynee Yasmer Real Estate and Zakhem Real Estate Group are also behind the project.
This will be the third project in the country designed by Chinese architect Ma Yanson of Mad Architecture. Known for incorporating organic elements into urban buildings, Yanson’s design of One River North will revolutionize the Denver skyline.
Uplands Real Estate develops neighborhoods which combine apartment living with the space and privacy of a single-family home. Uplands targets areas throughout the Mid-Atlantic and Southeastern United States that are accessible to schools, desirable neighborhood amenities, and employment centers.
Work of The Max Collaborative can be found in Cleveland, Denver, Los Angeles and numerous other cities across the U.S. Owned and operated by member of the Max Ratner family, Max Collaborative became nationally influential in the realms of large-scale, mixed-use, and public-private real estate. Central Park Denver, The Yards, Blossom Plaza, New York Times, San Francisco Centre, University Park at MIT, and Pier 70 were famously executed by The Max Collaborative leadership team.
With over 30 years of combined development expertise, Wynee Yasmer Real Estate, Inc. is a boutique real estate firm holding an impressive record of executing institutional-quality real estate development projects. Wynee Yasmer is a Denver-based and Denver-focused company.
Zakhem Real Estate Group focuses on all aspect of real estate needs including buying, selling, residential, commercial, development, and property management. The team centers on town houses, apartment buildings, and small office buildings.
Influential developers Beacon Capital Partners and Elevation Development Group are constructing a 14-story office building on 3100 Brighton Blvd. The Morris Adjmi Architects firm and Open Studio Architecture are designing the project. With an additional 12,000 square feet for retail, the complex will include a wealth of foliage and natural light.
Beacon Capital Partners continue to stand behind their 75-year legacy of success in real estate development, ownership, and management. Since 1998, Beacon participated in multiple joint ventures and co-investments reaching over $19 billion in equity from endowments, foundations, public, private and foreign pension funds, financial, institutions, and sovereign wealth funds. This equity has provided investments of over 190 office and life science projects totaling a value of $44 billion. Beacon invests in high-quality office properties in key urban markets to supply tenants with innovative design, state-of-the-art connectivity, modern amenities, and award-winning sustainability and risk management amenities.
Established in Massachusetts in 1997, Morris Adjmi Architects have become known for its engagement with history, unique interpretation of industrial forms, and creative expression. Each project is steered based on the understanding of the integral architecture and the artistic, cultural, civic, environmental, and economic forces of that enterprise. Morris Adjmi’s famous works include the Wythe Hotel, the Theory Building, The Wharf Parcel 10, 363 Lafayette, The Girard, and the Rockaway Hotel.
Formed in September 2011, Open Studio Architecture holds experience in a wide array of project types particularly commercial office buildings, corporate headquarters and campuses, workplace interiors, mission critical, retail, urban mixed-use and building repositioning in the U.S. and abroad.
X Denver is a chain of new, modernized building across Denver. Designed by Studio PBA, the X Denver plaza will have 251 units with 813 beds located at 3100 Inca Street in Denver.
Studio PBA is a Denver-based architecture and planning firm established in 1977. The company specializes in the design of multifamily housings across 13 states. The proven ability of the Studio PBA staff shows their dedicated knowledge and experience in regard to work-force housing developments, adaptive re-use projects, high-density urban infill projects, transit-oriented developments, high-rise mixed-use developments, and low-rise suburban projects. Studio PBA has designed the Penterra Plaza, the Sugarmont, Modera Observatory Park, Cottonwood Highlands, and 1880 Little Raven along with several others.
X Denver 2
Studio PBA is taking on another famous Denver project; the D2. Located in Arapahoe Square at 2100 Arapahoe Street, the 22-story vertical tower will host 351 apartment spaces with 641 beds. Currently under construction, the building will have 35,000 square feet of space for recreation and an addition 14,000 square feet for co-working. A pool deck, spa, fitness center, full-service bar, restaurant, and more will be launched in the fall of 2023.
One of the project’s goals as a “X Social Community” is to provide residents with over 35,000 square feet of amenity space and 14,000 square feet of co-working space. Residents may enjoy coworking space, a yoga/cycling/fitness studio, a gym, a pool, a spa, a lounge, and a full-service bar and kitchen on the dedicated amenity floors on levels four and five. The stunning pool deck, which is located on level five, is framed by 40′ columns, giving the impression of a “floating” tower above. The project is being constructed by the Milender White construction team.
That is not all. Denver has some other large construction projects happening.
The Top 10 Construction Projects In Denver, Colorado
|Hyperloop One / Rocky Mountain Hyperloop||Denver||$43.6B|
|Northern Colorado Commuter Rail||Denver||$2.8B|
|National Western Center – Phase 1 & 2||Denver||$0.8B|
|I-70 Floyd Hill to Veterans Memorial Tunnel||Denver||$0.7B|
|The Triangle Project RFQ||Denver||$0.5B|
|Fox Park Mixed-Use Development Phase 1||Denver||$500m|
|Mixed-Use Development Residential and Office Towers (Greyhound Bus Station Site)||Denver||$430m|
|Broadway Park Master Plan||Denver||$375m|
|The Dot Master Plan||Denver||$300m|