A Chicago-based developer Thursday announced plans to build a 247,000-square-foot “multi-temperature facility” dubbed 76 Freeze off Interstate 76 and Highway 7 (East 160th Avenue) in Brighton.

Developer Karis Cold Storage said it’s “Denver’s very first cold storage speculative development.”

About 166,000 square feet of 76 Freeze is already preleased to a business, but the brokers and developer declined to identify it. Construction is expected to be complete in October.

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The facility sits on 17 acres at the Bromley Business Park and “incorporates a convertible freezer designed to operate at temperatures ranging from as low as minus-10 degrees to higher than 55.”

The development should attract businesses needing space for “freezer, cooler, processing or dry space.”

“We’ve been tracking the lack of quality supply and increased demand for cold storage and are excited to work with our partners to bring this product to market to fill that need,” CEO Jake Finley said in a statement.

Karis targeted the location because of the direct access to I-76 and E-470. It’s also in close proximity to Denver International Airport.

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Cushman and Wakefield broker Matt Trone said in a statement that 76 Freeze “is a rare project in Denver designed to meet the evolving needs of today’s supply chain dynamics and cold storage users while maximizing efficiency and lower costs.”

The Cushman team also included Steve Hager, Drew McManus and Joey Trinkle.

Some specifics on the project:

• 2.84 million leasable cubic feet
• 4,800 square feet of office (expandable)
• 14 dock-high doors, ample car and trailer parking
• 6-inch insulated metal panel construction, and a Quell sprinkler system
• 40-foot clear-height ceiling capable of accommodate up to 10,000 pallet positions