Jim Neenan will take on the role of president and chief operating officer of Denver-based Prime West Cos., one of the metro area's largest development and property management firms. Steve Clarke, chief executive officer and former president, will remain the company's CEO.
Speculative office development has returned to the southeast suburban submarket with Prime West breaking ground on One Belleview Station, a Class AA, transit oriented building.
Prime West Development Inc. is launching One Belleview Station, the first speculative Class A office building in the southeast suburban market in more than five years.
The New York investment bank, partnered with the Denver based Development firm, Prime West, will take a majority share in One Belleview Station, an office building expected to break ground in December.
A $90 million office building planned for the Belleview Station development at Interstate 25 and Belleview Avenue is one of the few speculative buildings currently planned for the Denver metro area - with the exception of those planned in downtown Denver.
The planned 16-story office complex, part of a mixed-use development, will be adjacent to the light-rail station.
Denver Developer is moving closer to developing an office building on a 42 acre site at I-25 and Belleview
There will be no mistaking AMG National Trust Bank's new headquarter facility in Greenwood Village. The design for the 45,000 SF building is inspired by the Palace of the Rhine in Strasburg, France.
Prime West Cos. will break ground Tuesday on One Belleview Station, its 320,000-square-foot office building at Interstate 25 and East Belleview Avenue. The project will be the first office building at the 42-acre Belleview Station transit-oriented, mixed-use development.
One Belleview Station, a 16-story office tower is planned to rise at the northwest corner of Belleview and I-25 in the Denver Tech Center. This transit oriented development is set to join the master planned 42-acre Belleview station development that features residential and retail components that are currently under construction.
InnovAge Broadway - Prime West, Intergroup and DSP partner on 'Unique' reuse - Colorado Real Estate Journal
Prime West is slated to begin redevelopment of the former Gump Glass building at Louisiana and Broadway.
The US 36 corridor is positioned very well to emerge as a leader in the absorption of office and R&D space as the economy recovers.
Construction on two three-story buildings begins none too soon in view of mounting competition from half a dozen new for-lease and office condo developments launching within a three-mile radius. One of those is Memorial Hospital's 123,000-square-foot medical office building. Pre-leasing has already resulted in a 70 percent occupancy rate and construction is two months ahead of schedule.
Prime West Development is ramping up its activities along the Front Range with more than half a million square feet in projects either under way or in the planning stages.
The Medical Pavilion at Briargate, to be finished in about a year, will go up across the street from the new Memorial Hospital North, to open in April and which is part of the city-owned Memorial Hospital network.
Global investment management firm T. Rowe Price plans to double the size of its facilities in Colorado Springs with the construction of a second building on its campus at 2260 Briargate Parkway. Preliminary work on the new $55 million, three-story, 145,000 square foot building, which will be similar in design to the current 145,000 square foot facility, will start in July.
Denver-based Prime West Development Inc. and Orix Real Estate Capital Inc. of Chicago will construct a sixbuilding, 102,000-square-foot office complex, northeast of Chapel Hills Drive and Research Parkway.
The Colorado Springs commercial real estate market long has been considered by outsiders to be a mile wide and an inch deep. Those days are long gone for this maturing, robust city.
A Colorado Springs master-planned community is primed to get a little "home improvement." This spring Lowe's, the nation's second-largest home improvement retailer, will start work on its newest store in Colorado Springs at La Plata Investments' Briargate Crossing.
Developers of NorthRidge at Park Centre, a business park in Westminster, are trying to lure new tenants by making it easier and quicker for them to get up and running. The developers, Denver-based Prime West Development Inc. and Imprimis Corp. of Palm Desert, Calif., completed the park's infrastructure, zoning and other pre-development legwork so businesses can start building quickly after acquiring land there.
It's summer school for Prime West Development Inc. That is, this summer is when the Denver-based commercial real estate firm will break ground on a build-to-suit classroom and office facility, which will serve as DeVry University's new Colorado Springs campus.
DeVry University's move to a 4-acre campus on Kelly Johnson Boulevard will put it in a high-growth area next to Interstate 25 and add space for more classrooms and parking. Construction on the 17,500-square-foot, $1.4 million building began July 6. It will open to students in July 2005. DeVry will lease the building from Prime West Development Co. of Denver.
A Chicago real estate company has paid $43.3 million for the PrimeCenter at Briargate office complex on Colorado Springs' north side, one of the largest prices paid for office space in an outlying part of the city. The deal signals investors remain interested in high end, strategically located Colorado Springs real estate, even as the office market remains in a slump that's driven north-side vacancy rates into double digits.
Prime West Development, Inc. has broken ground on the latest addition to its PrimeCenter at Briargate project - Colorado Springs' "most successful" office development. The 45,338-square-foot facility is more than 50 percent preleased, as State Farm Insurance inked a 25,000-sf lease at the office building. Its single-story design goes hand-in-hand with the popularity of PrimeCenter at Briargate's other single-story office buildings.
The northwest commercial market, which recently saw vacancy rates dip to nearly 40 percent, got some good news when DeVry University announced plans to build a new 72,000-square-foot campus at I-25 and 120th Street in Westminster. Construction on the building, located in the NorthRidge Business Park, is scheduled to begin next month, with classes starting in March 2003.
Voyant Technologies leases yet-to-be built office structure. Prime West breaks ground today on two office buildings across from the huge Lucent Technologies campus in Westminster.
Baltimore's T. Rowe Price Associates Inc., is moving to Colorado Springs, now that ground has been broken on a 147,000-square-foot building at La Plata Investments' Briargate Business Campus. It is just the latest of seven buildings under construction at the Springs' 500-acre business park. The developer of the project is PrimeWest Development, Inc. and, according to Project Manager Norman Stucker, the first phase development costs are expected to reach $23 million.
Construction on the tallest building in Broomfield's Interlocken Business Park will begin in July, by longtime Denver developer Steve Clarke. The building will be a 10-story, luxury office tower.