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by Ryan Gager

The connection residents feel to

Colorado and the desire to take care

of the state are merging with new

development, and the results speak

for themselves. The U.S. Green Build-

ing Council recently released its 2014

list of the Top 10 States for LEED, the

world’s most widely used and recog-

nized green building system. Colorado

came in at No. 2. Since 2008, 160 LEED

buildings were built or are under con-

struction, according to the Colorado

Energy Office.

“It’s a testament to the collective

consciousness in Colorado,” said Dan

Cohen, development manager of D4

Urban. “I think we generally live in

a more progressive state, and from

a developer perspective, we are try-

ing to build a product to cater to the

people living here.”

D4 Urban is currently under con-

struction on Denizen, a multifamily

project that is pursuing LEED Plati-

num certification, which would make

it the first market-rate multifamily

project in the state to achieve the

certification. The 275-unit Denizen,

located at the Alameda light-rail sta-

tion, is the first phase of a broader

densification of the Denver Design

District. The light-rail station is situ-

ated next to a rail yard and behind

big-box store loading docks, giving it

an industrial feel.

“The idea is to transform a hidden

station into a vibrant and dynamic

place,” said Cohen. Because of its

open location, which does not border

a main street, the site required mul-

tiple sides of activation, which, along

with pursuing LEED certification,

added to the cost.

Cost is one of the challenges fac-

ing developers pursuing LEED cer-

tification for their buildings, but it

doesn’t stop there. “Denver’s growth

spurt provides both challenges and

opportunities,” said Sonrisa Lucero,

sustainability strategist, Denver Office

of Sustainability. “The city is sprawl-

ing out and building up, becoming

more dense, so there are some chal-

lenges with land costs while preserv-

ing neighborhoods at the same time.

But this is an exciting time, a time to

push innovation and creativity.”

LEED certification costs differ

depending on if the building is new

construction or if upgrades are made

to an existing property. Mainly, the

The multifamily market has a direct and positive effect on Denver’s economy. Economic Impact PAGE 4 Apartment developments attract renters with great amenities in prime locations. Amenity Trends PAGE 18 Several cities in Colorado are thriving in the apartment rental industry. Submarket Reports PAGE 10

Photo courtesy: D4 Urban

Denizen is a multifamily development pursuing LEED Platinum certification.

Please see Page 14

April 2015

Colorado’s consciousness toward energy efficiency