Page 6 —
COLORADO REAL ESTATE JOURNAL
— December 3-December 16, 2014
by John Rebchook
Erik Hagevik, the chief operat-
ing officer of the Holland Part-
ner Group, was familiar with
the strengths of the area west of
Interstate 25 off Belleview Ave-
nue long before Holland ever
looked at the site where the lux-
ury MileHouse at Belleview Sta-
tion apartment communities are
underway. “When I was with
Fairfield Residential, we built
five building with 1,500 units,”
said Hagevik.
“I have a long history of build-
ing out here,” Hagevik said.
From the window in the leas-
ing office at the MileHouse, the
previous units he built for Fair-
field are visible.
The MileHouse, however, will
take luxury building to a new
level along the southeast corri-
dor, according to Hagevik.
It will have the type of “world-
class amenities” found in Hol-
land’s 17W community, which
will include downtown Den-
ver’s first Whole Foods and its
Platform at Union Station lux-
ury apartment tower in down-
town that will open early next
year.
“We think we are really rais-
ing the bar and bringing a level
of luxury that hasn’t been seen
before in the suburbs, which will
distinguish us from competitors
in the area,” Hagevik said.
“Holland is really leading the
way,” both in downtown and
along the southeast corridor,
said Terrance Hunt, a broker
with ARA.
“Holland’s Line 28, a boutique
apartment building in LoHi,
has achieved some of the high-
est rental rates ever recorded
in Denver and their new devel-
opments downtown have this
great connectivity, being right
on the rail lines,” Hunt said.
“What they are doing in the
suburbs is very similar to what
they are doing around Union
Station,” Hunt said.
Belleview Station, walking
distance to a light-rail station, is
a true transit-oriented develop-
ment, as are its future down-
town communities, Hunt.
“Their tech center (area) com-
munities have a similar kind of
great connectivity,” Hunt said.
Hunt said some millennials
who work downtown may even
decide to rent at the MileHouse
at Belleview Station and do the
“reverse commute” to down-
town, to save money on rent but
still be a quick light-rail ride to
downtown’s office market, as
well as its sports facilities, res-
taurants and bars.
“Our rents are less at Bel-
leview Station, but they are not
as cheap as people think,” said
Scott Menefee, a senior develop-
ment director at Holland.
Rents at Belleview Station,
As 2014 draws to a close the word that comes
to mind is “grateful.” We’ve had the opportunity
to work with great people on great projects in
great communities. We’ve formed many new
relationships and strengthened existing ones and
for that... we are very grateful. To our clients, our
colleagues and our communities—everyone here
at Redland Thanks You and wishes you the best
in 2015!
Go to redland.com or call us at 720.283.6783
T
H
A
N
K
Y
O
U
GREAT PROJECTS
GREAT
PEOPLE
GREAT COMMUNITIES
Greater Denver
A rendering showing MileHouse at Belleview Station on the left and Block B on the right.
