CREJ - page 10

Page 10 —
COLORADO REAL ESTATE JOURNAL
— April 20-May 3, 2016
Office
by Jill Jamieson-Nichols
A distinctive 12-story office
building will begin to rise in the
heart of the north Denver Tech
Center in the third quarter of
the year.
Corum Real Estate Group
announced plans for 5050 South
SyracuseStreet,a187,000-square-
foot “Class AAA” office build-
ing immediately east of Inter-
state 25 between Belleview and
Union Avenue.
The building will be bathed in
natural light due to two interior
light wells and floor-to-ceiling
glass on the interior and exte-
rior. It also will feature a roof
deck with panoramic mountain
views, a lobby that will function
as an activated tenant lounge
with room for a café and a finan-
cial institution, and integrated
parking at a ratio of 3.5 spaces
per 1,000 sf.
While there is some current
softness in the north Denver
Tech Center office market, 5050
South Syracuse is testament to
Corum’s belief in the long-term
fundamentals of that market.
“We are thrilled with the
opportunity to develop another
iconic legacy asset in the Denver
Tech Center,” said Eric Komppa,
Corum Real Estate Group vice
president. “This building will
incorporate the latest in inno-
vative design and sustainabil-
ity features and will present a
unique opportunity for tenants
in the market.
“We believe that the north-
ern tech center is going to have
some really good, strong fun-
damentals as
the market
continues to
strengthen,”
he said.
C l u t c h
Design Stu-
dio designed
5050 South
S y r a c u s e
Street, which
will be built
for LEED certification. Hensel
Phelps is the general contractor.
Floor plates will average
30,000 sf and use column-free
construction to maximize flex-
ibility. Elevators will provide
direct access from the parking
structure into the office spaces,
which will have 10-foot ceilings.
The building also will incorpo-
rate state-of-the-art mechanical
systems for maximum tenant
temperature control and to cre-
ate significant savings in operat-
ing expenses through reduced
utility usage.
RobinAult, principal in charge
of design at Clutch Studio, said,
“5050 South Syracuse provides
a dramatic visual gateway to
the north Denver Tech Center
skyline along the I-25 corridor.
We knew our client wanted to
create something special when
he stated, ‘I’m not interested in
creating just another building.’
“The difficult task was to com-
bine five full floors of parking,
six floors of open office and one
double-height lobby into a sin-
gular tower on a tight site. We
didn’t want this to look like an
office sitting on top of a park-
ing garage, so we aligned the
floor plates of both, used the
excess area to penetrate the inte-
rior with two large light wells
and wrapped the building in a
unique curtain wall design. The
exterior envelope is solid at the
tower base, gradually rising to
a transparent top with a pattern
inspired by nautical motifs,”
Ault said.
“Due to the integrated park-
ing, the office space begins on
the sixth floor, thus allowing
for spectacular views from all
floors,” said Bill Woodward,
Inverness Properties principal,
who will handle leasing with
Inverness Properties’ Randy
Swearingen.
“The light wells generate sub-
stantial natural light through-
out each occupied floor, and the
design of the building will allow
for accommodation of tenants as
small as 2,500 square feet,” he
said. “The design of this build-
ing is iconic, yet very functional.
The location of the building pro-
vides for easy access to both I-25
and I-225, retail, hotels, light rail
and housing.”
Corum said capital has been
fully secured for construction for
the project, which will be deliv-
ered in second-quarter 2018.
s
Corum Real Estate Group’s 5050 South Syracuse Street is designed to maximize natural light and views.
Eric Komppa
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