DENVER | Main Development Thread #7

[rds70]

I can't quite figure this proposal out. The address is 4900 S. Syracuse which is the site of the existing Marriott Tech Center. That building is only 12 stories. So, I can't tell if this is a vertical expansion of the existing structure or a new building in the parking lot. It's listed as Kimpton Hotel - Belleview Station. However, there is another 17 story hotel proposed on the west side of I-25 right adjacent to the LRT platform.

Site Plan - 20-Story, 190 room hotel with approx. 154,345 sqft. including 13,595 ground level lobby/ restaurant. One level of above ground parking (40 Spaces).

[wong21fr]

Originally Posted by DenverInfill

That isn't what the Vib hotel will look like. That is a rendering from, IIRC, Louisvilly KY that was used as a placeholder.

Here's a low-rez shot from the developer's website:

To be generous, this is pretty meh. Denver FUGLY is going to go ballistic as Brad was giddy over the placeholder rendering.

[wong21fr]

Looks like the City of Denver is ramping of it's shelter ownership:

Denver wants to buy a Salvation Army homeless shelter


I wonder what the plan is for the facility and the $10M that the Salvation Army will receive? Probably some sort of trade-off where the Salvation Army uses the sale proceeds to develop transitional housing at another site while the city goes big and does a massive new shelter on the site of the Crossroads facility. Or put is up elsewhere and sells the the land.

[COtoOC]

Originally Posted by rds70

I can't quite figure this proposal out. The address is 4900 S. Syracuse which is the site of the existing Marriott Tech Center. That building is only 12 stories. So, I can't tell if this is a vertical expansion of the existing structure or a new building in the parking lot. It's listed as Kimpton Hotel - Belleview Station. However, there is another 17 story hotel proposed on the west side of I-25 right adjacent to the LRT platform.

The DTC could use more height! 20 would be a nice addition.

[jbssfelix]

Originally Posted by TakeFive

The Fox North site will mark the first project for the international partnership.


Courtesy Tryba Architects via Denverite

41-acre 'Fox North' parcel in Globeville sells for $56.5 million
Aug 22, 2019 By James Rodriguez – Data Reporter, Denver Business Journal

Who are these clowns? Some general background, please?

Maybe add a little hype to this?

Oh yeah, that was good; now I'm stoked.

(Rumor has it that Mexico says Trump is going to pay for this.)

Being from Indy, Pure has done a couple pretty projects, but they are all suburban low-rises (8-stories or less). I'm not sure I'd give them much praise just yet.

[BG918]

Originally Posted by rds70

I can't quite figure this proposal out. The address is 4900 S. Syracuse which is the site of the existing Marriott Tech Center. That building is only 12 stories. So, I can't tell if this is a vertical expansion of the existing structure or a new building in the parking lot. It's listed as Kimpton Hotel - Belleview Station. However, there is another 17 story hotel proposed on the west side of I-25 right adjacent to the LRT platform.

I had heard the Kimpton will be on the west side of 25, adjacent to the new office building U/C.

[TakeFive]

Images courtesy ZOCALO/Studio

https://zocalodevelopment.com/zocalo-developments/the-quayle/

Historic charm meets the perfect South Broadway location at The Quayle – a landmark turned social center for Denver’s Baker neighborhood. Once the 1st Avenue Hotel, The Quayle will feature 102-units of affordable – apartments for renters who earn 60 percent of the Area Median Income. The ground floor will include nearly 11,000 square feet of retail and have four new neighborhood-friendly restaurant tenants.

https://livethequayle.com/

A timeless fixture on the prominent Denver street is now offering brand new affordable, income restricted apartments.

They're just starting to rent units; (at least) 10 units available so far.

[vblack]

Originally Posted by TakeFive

[...]

A Google image search on that fellow returns "hipster", and provides links to stock photos of the same model.


Just amusing to me.

[BG918]

Hilarious, he certainly checks a lot of Denver Hipster boxes:
- Fixed wheel bike and messenger bag
- Manicured beard and freshly-slicked back haircut
- Vintage button down shirt, shorts and shoes (that probably combined cost over $500)
- Expensive watch (even though he works at a coffee shop)
- An appropriate number of tattoos

Just needs the obligatory Apple laptop with local Brewery stickers

[vblack]

Not the best skyline view but a reliable cam. Apologies for the advert.


https://www.youtube.com/watch?v=Fq68_K0YlIA

[Tykendo]

Very nice clear camera view from, let me guess, the top of one of the office buildings near the Rugby stadium in Glendale. Love that view with the Indian Peaks ( Longs and Meeker too) in the distance. Moved back to my native Oregon, but i will always have love in my heart for this beautiful city.

[BG918]

^ Yep the mountain view from this angle is superior to that looking directly west toward Mt Evans, IMO. This showcases the Upper Downtown core but completely hides 1801 California and makes the Mid-Downtown skyline look really small (4S, 1144, Tabor, etc). Golden Triangle is in full view with its increasing density. You can see the Capitol Hill/Cheeseman Park mini-skyline that gets more dated every year, and the Cherry Creek cluster on the far lower right.

[Mtnboi303]

The new Denver Skyline

[SirLucasTheGreat]

Originally Posted by Mtnboi303

The new Denver Skyline

Looks awesome! Probably won't have that sort of infill for +40 years but it looks awesome!

[vblack]

Originally Posted by Tykendo

Very nice clear camera view from, let me guess, the top of one of the office buildings near the Rugby stadium in Glendale.

Yep.


https://42floors.com/us/co/denver/4100-e-mississippi-ave

Love that view with the Indian Peaks ( Longs and Meeker too) in the distance. Moved back to my native Oregon, but i will always have love in my heart for this beautiful city.

Winter morning views can be spectacular. I'll have to get some captures.

[laniroj]

Originally Posted by wong21fr

...Here's holding out hope that one of the local unicorns goes from a $1B cap to a $100B cap.

My personal take is that we don't have the well heeled developers that big cities have to do the big super-talls (or generally tall development) and we have, thus far, lacked the vanity projects of larger corporations because we generally lack large corporations able to do that and the ones we do have choose to stay in DTC or SE metro. Though we do have the institutional capital interested in that sort of large project in Denver, we don't have a qualified developer to get it to the point of capital being interested - ie millions of dollars of at-risk pre-development capital from a local developer team.

DaVita could have anchored a super-tall in Denver, but their leadership failed to accommodate for the growth they've experienced; thus no larger building. VF Corp could have anchored a supertall, but they chose speed over vanity (and the timing just so worked out that the old Gates building was 100% vacant and perfectly aligned with VF's initial hiring needs. Hines is an example of a well heeled developer and they did get a fairly significant, modestly tall, building completed (though still roughly half the square footage of projects in the 1980's and comparable office skyscrapers in other coastal cities happening this cycle). Also, unicorns don't commission supertalls, established giants who used to be unicorns 10 years ago do.

[TakeFive]

Originally Posted by BG918

I had heard the Kimpton will be on the west side of 25, adjacent to the new office building U/C.

The plot thickens!

Stonebridge owns the existing Extended Stay America and was recently issued demolition permits to be replaced by replacement.

[laniroj]

Originally Posted by TakeFive

[B]...
While I didn't set a high bar for grading I've gotta say that Denver is getting a lot of bang for their light and commuter rail buck with respect to TOD.

...and yet our transit numbers continue retreating because RTD has raised prices so high we're the most expensive large transit agency in America! So really, we've gotten tax dollars bang for our buck but we haven't gotten any bang for the buck in that we're not taking cars off the road!

[mhays]

Originally Posted by laniroj

My personal take is that we don't have the well heeled developers that big cities have to do the big super-talls (or generally tall development) and we have, thus far, lacked the vanity projects of larger corporations because we generally lack large corporations able to do that and the ones we do have choose to stay in DTC or SE metro. Though we do have the institutional capital interested in that sort of large project in Denver, we don't have a qualified developer to get it to the point of capital being interested - ie millions of dollars of at-risk pre-development capital from a local developer team.

DaVita could have anchored a super-tall in Denver, but their leadership failed to accommodate for the growth they've experienced; thus no larger building. VF Corp could have anchored a supertall, but they chose speed over vanity (and the timing just so worked out that the old Gates building was 100% vacant and perfectly aligned with VF's initial hiring needs. Hines is an example of a well heeled developer and they did get a fairly significant, modestly tall, building completed (though still roughly half the square footage of projects in the 1980's and comparable office skyscrapers in other coastal cities happening this cycle). Also, unicorns don't commission supertalls, established giants who used to be unicorns 10 years ago do.

If the economic case was compelling, developers would come. Several have poked at Denver.

As for established giants building supertalls, what's an example? Comcast and Salesforce are in cities with several times Denver's land prices and tiny parking ratios...what's an example outside of that sort of city?

[Denvergotback]

Originally Posted by mhays

If the economic case was compelling, developers would come. Several have poked at Denver.

As for established giants building supertalls, what's an example? Comcast and Salesforce are in cities with several times Denver's land prices and tiny parking ratios...what's an example outside of that sort of city?

Oklahoma City

Honestly, I feel even coastal (outside of a few) aren't even building supertalls when it comes to corporal vanity... Most are being built due to land/price restrictions. Cities like Houston and Boston, and so many others just aren't building them, and a lot of cities that are building them are strictly because of lack of land. Denvers are on the shorter side overall because (in my opinion) there is just too much land and parking lots available to really justify 50+ story buildings... Sad, but true... but holy — has Denver taken a huge urban jump just by adding infill and a few high-rises