DENVER-Westfield Co. recently opened 1800 Larimer St., the firsthigh-rise office building constructed in Denver’s central businessdistrict in 25 years. According to a release, 1800 Larimer is also“one of the largest office buildings begun and completed in the USsince the commercial real estate market crash started in 2008.”
Developed by Westfield and designed by internationalarchitectural firm RNL, the 500,000-square-foot glass-clad buildingoffers LEED Platinum design and a next generation businessenvironment, utilizing innovative advanced air flow and lightingsystems. At completion, the 22-story building is 80% leased andwill be the headquarters for Xcel Energy, Frederick Ross Co. andWestfield Co.
As GlobeSt.com previously reported, Xcel Energy signed a330,000-square-foot prelease commitment in May of 2008, taking up14 floors of the 22-story building. The deal also includedexpansion rights. The company’s lead broker for the transaction,Barry Dorfman of Staubach, told GlobeSt.com at the time that Xcelwas drawn to 1800 Larimer in large part because Westfield is vyingto have one of the first office buildings in the nation to achievethe US Green Building Council’s highest certification level, knownas LEED Platinum, for its core and shell. “Xcel wanted to get mostof their people under one roof to promote culture while also beingenvironmental stewards,” Dorfman said to GlobeSt.com at the time.“There were really nine options, eight of them being newconstruction, all of them Downtown,” and most of them needing ananchor tenant like Xcel to take to the bank to get theirconstruction financing.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
