Tag: Office Buildings
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Denver in ‘existential fight’ for downtown’s soul, mayor says
One of Mayor Mike Johnston’s primary goals for 2024 is to revive downtown Denver as the economic heart of the city after the pandemic hit downtowns nationwide. Nearly a third of offices downtown sit empty, many employees who used to work there still work remotely and some companies are moving into Cherry Creek instead. Johnston has…
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Downtown Denver’s Granite Tower sells for $203 million
Real estate investment trust company KBS sold the distinctive black 31-story office building the Granite Tower on Friday for $203.5 million, according to Securities Exchange Commission documents. The Newport Beach, California-based REIT bought the 593,527-square-foot building in 2010 for $149 million under the name KBS II Granite Tower LLC, according to Denver Assessor records. The…
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Moving dirt in Centennial: The District breaks ground
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Developers broke ground Wednesday on a 36-acre, mixed-use project called The District near the Regional Transportation District’s Dry Creek light rail station. Bruce Baukol Capital Partners’ plans include 2.5 million square feet of office space, 1,800 residential units, 30,000 square feet of retail space and…