ABOUT COLORADO CENTER

The Vision

With the construction of a new light rail station and in anticipation of expanding commerce in Denver, Colorado Center was designed to become a premier Transit-oriented Project which would become an unrivaled destination for work, life, and entertainment – a new urban hub centrally located between Downtown Denver and the Denver Tech Center.

THE FUTURE

LPC and ASB Capital Management have re-evaluated the design of the signature tower and have modified the structure to accommodate current tenant space demands. LPC and ASB recognize the importance of providing what the tenant in the marketplace needs to operate their business. The most recent addition of Tower 3 features a podium design with parking on the first five levels above grade and an additional 8 levels of Class AA office space. Raising the office spaces allows all tenants the opportunity to marvel at the unparalleled panoramic views of the Colorado Rocky Mountains and direct access to the building from the parking levels.

For more information on ASB Capital Management, please visit www.asbcm.com

THE PRESENT

Today over 50 businesses employing more than 2,000 people have established Colorado Center as their preferred place to conduct business. As the Denver market continues to gain momentum toward economic recovery, LPC will take the opportunity to introduce the next phase of Colorado Center to the market. The original strategy of capitalizing on the unique location of Colorado Center as a premier TOD has never been more realistic than it is today.

2017

LPC and ASB Capital Management have re-evaluated the design of the signature tower and have modified the structure to accommodate current tenant space demands. LPC and ASB recognize the importance of providing what the tenant in the marketplace needs to operate their business. The most recent addition of Tower 3 features a podium design with parking on the first five levels above grade and an additional 8 levels of Class AA office space. Raising the office spaces allows all tenants the opportunity to marvel at the unparalleled panoramic views of the Colorado Rocky Mountains and direct access to the building from the parking levels.

With nearly 96% occupancy to date, Colorado Center’s 12-acre parcel is perfectly positioned to begin construction on the next phase of the project. LPC and ASB Capital Management will now begin to explore future retail, residential and hotel options to continue the vision for Colorado Center to be the premier business destination.

THE EVOLUTION

Colorado Center is a regionally recognized business epicenter with plans to evolve into much more than just a work destination. Totaling over 1 million SF, upon completion the project will combine class AA office space, retail and entertainment, residential, pedestrian walkways, ample parking and onsite amenities to create an environment that can be described as business infused with life, and life infused with business.

2007

By 2007, LPC had increased occupancy to 96% and had grown lease rates by nearly 30%. Colorado Center had reestablished itself as a premier Class A office campus perfect for a corporate HQ. LPC implemented an aggressive leasing and marketing approach to maintain market rents and high occupancy levels, inevitably positioning the project for future development.

2010

Surviving an economic downturn that affected every industry across the nation, LPC consistently leased vacant space and was able to renew a 50,000 SF tenant. LPC aggressively competed to be a leader in building sustainability, receiving energy star ratings since 2008 and LEED Gold certification for sustainable modifications completed at Tower 2.

2013

LPC and ASB Capital Management re-evaluated the design of their signature tower and modified the structure to accommodate current tenant space demands. LPC and ASB recognized the importance of providing what the tenant in the marketplace needed to operate their business.

THE BEGINNING
1987

Colorado Center delivered Tower 1 to Denver’s business community. The 180,000 SF office tower stood 12 stories high, provided 700 covered garage parking spaces for tenants and was noticeably the first Class AA office tower located central to downtown and the Denver Tech Center.

1999

Responding to the success of Tower I and the overwhelming demand from local businesses, the next phase of Colorado Center was added in 1999.Located on the east side of Colorado Boulevard, Tower 2 mirrored Tower 1’s 12 stories with a slightly larger footprint bringing the total SF to 275,000.

A United Artist theater and Dave and Buster’s restaurant were added to Colorado Center in conjunction with Tower 2, offering tenants and visitors a specific destination for entertainment and fun. The additional 963 garage parking spaces would alleviate any vehicular congestion generated by the available office space and retail on site.

2006

A new era was upon Colorado Center! ASB Capital Management partnered with Lincoln Property Company, Inc. to acquire the entire Colorado Center. At closing, the project was 65% leased with surviving lease rates. ASB and LPC saw Colorado Center as an opportunity to capitalize on the location and anticipated success of one of the largest TOD projects in Denver.

Project Overview

Colorado Center is a regionally recognized epicenter with plans to evolve and expand. The new expansion will combine class AA office space, retail and entertainment, pedestrian walkways, ample parking and onsite amenities to create an environment that can be described as business infused with life, and life infused with business.

1987
The Colorado Center began with Tower I
1999
The Colorado Center expanded and added Tower II, United Artist theater and Dave and Buster’s restaurant
2006
ASB partnered with Lincoln Property Company to acquire the entire Colorado Center
2007
The Colorado Center’s occupancy had increased to 97%
2008
Colorado Center received its first energy star ratings
2010
The Colorado Center received a LEED Gold Certification for sustainable modifications completed at Tower II
2017
FUTURE: The recently redesigned 200,000 SF Tower III will feature a podium design with parking on the first five levels above grade and an additional 8 levels of Class AA office space. Additional improvements will include a vibrant retail main street comprised of high quality restaurant and retail uses.

EXECUTIVE BIOS

SCOTT CALDWELL

Scott joined Lincoln Property in early 2001 as Senior Vice President. He is responsible for the overall management of the Denver operations. In addition to management duties, Scott is responsible for property acquisitions, and new business development for property management and leasing services. Before joining Lincoln Property Company, Scott spent 9 years as a broker in the office services group of Grubb & Ellis in the Denver, CO office.

During that time he was responsible for brokering several million square feet of office space on behalf of his clients. During his 23- year tenure in commercial real estate, Scott has experienced the development, property acquisition, property management, construction management and brokerage perspectives of commercial real estate. He received his B.A. in Economics from the University of Colorado at Boulder. Scott remains active in the Denver community, holding a board position with Transportation Solutions and supporting many local charities such as Children’s Hospital, Epilepsy Foundation, Craig Hospital and The First Tee.

MARK HOMLISH

As Vice President of Lincoln Property Company since 2002, Mark’s duties have included office and industrial leasing, tenant representation, investment sales and new business development.

With over 21 years experience in the commercial real estate business, Mark has negotiated leases and sales with hundreds of companies and worked on a wide variety of transactions. Mark spent his early years working as a broker for Buell & Company, as General Manager for CMD Realty Investors and as a broker with Colliers International, all in Denver. During that time, he was responsible for office leasing and investment sales in excess of 2.5 million square feet throughout the Denver area. Mark holds a degree in business with an emphasis in real estate and construction management from The University of Denver where he was an All- American swimmer.

He has been involved in various civic organizations including co-captain for Team Research Rider’s – a commercial real estate cycling team established to benefit Children’s Hospital and on the regional advisory board for the Salvation Army.

MICHELLE KELLEY

Michelle joined Lincoln Property Company in 2006 as Property Manager of Colorado Center. Before joining Lincoln, Michelle spent seven years as the Assistant Property Manager for Westfield Property Services, LLLP overseeing the Westmoor Technology Park in Westminster, Colorado. Michelle has 20 years of property management experience in office, retail and flex-office.

SCOTT CROSBIE

In May 2003, Scott and a single broker formed Crosbie Real Estate Group, Inc. (CREG) – nicknamed “The Group” – with the intention of creating a truly unique, performance-based company in the real estate brokerage community. Scott’s vision, which is now a reality, was to create a team atmosphere with brokers working hand-in-hand, openly sharing individual market knowledge and industry expertise.

From inception, CREG established an impressive client list that recognized the value of this approach. Scott began his career in retail real estate in 1994 at Goldberg Property Associates (GPA) specializing in landlord representation, leasing both existing shopping centers and new developments. He specialized in landlord representation, leasing both existing shopping centers and new developments. This foundation allowed him to retain both national and regional clients such as Wal-Mart, Wendy’s International, Peaberry Coffee and American National Insurance Company.

ANDY BUETTNER

Andy joined CREG in April of 2005, bringing with him over 13 years of experience in retail leasing and tenant representation. At CREG, Andy focuses on helping national and regional tenants with their site-selection efforts, and on leasing retail space on behalf of landlords. Andy’s current clients include 7-Eleven Inc., Kroger, Kentro Development, Magna Development, CorePower Yoga, HealthStyles Exercise Equipment, Rite Aid Drug, A World of Tile, Cuba Cuba Restaurants, and Gotcha Frozen Yogurt.

ARTICLES

Lincoln Property Company and ASB Real Estate Investments Set to Break Ground on Next Phase of Colorado Center

June 17, 2015

DENVER (June 18, 2015) – Lincoln Property Company and ASB Real Estate Investments are poised to break ground on a vibrant, mixed-use development, adding more than 450,000 square feet of… Read the article here

IN THE MEDIA

BISNOW

– October 12, 2017

Lincoln Property To Develop Retail At Colorado Center

DENVERITE

– June 29, 2017

Home of Dave & Buster’s and United Artists theater could see upward of $300 million in redevelopment

COLORADO REAL ESTATE JOURNAL

– June 28, 2017

Office project roundup

COLORADO REAL ESTATE JOURNAL

– June 28, 2017

Standout trends among new office properties

COLORADO REAL ESTATE JOURNAL

– October 26, 2015

Recession Gives Time To Reevaluate Office Needs

COLORADO CONSTRUCTION & DESIGN

– October 2, 2015

Breaking Ground on Next Phase of Colorado Center

COLORADO REAL ESTATE JOURNAL

– September 4, 2015

Lincoln Towers Promises to Transform Colorado Center

DENVER URBAN REVIEW

– August 20, 2015

Ground Breaking Ceremony at Colorado Center

BUSINESSDEN

– July 2, 2015

Colorado Center to get major expansion

THE DENVER POST

– June 29, 2015

Colorado Center to add residential, retail, more office space

DENVER BUSINESS JOURNAL

– June 19, 2015

Colorado Center Plans Expansion

9 NEWS

– June 19, 2015

Big expansion planned at Denver’s Colorado Center off I-25

FAQS

WHAT IS COLORADO CENTER?

  • Colorado Center is staged to expand and evolve into Denver’s newest, unrivaled destination for work, life and entertainment. Building on the success of existing office and retail, Colorado Center will feature new, contemporary office and retail opportunities upon completion of construction in 2017.

WHERE IS COLORADO CENTER LOCATED?

  • 2000 S. Colorado Blvd., Denver, at the Intersection of Colorado Blvd. and Interstate-25. The popular transit-oriented property is Denver’s new urban hub centrally located between Downtown Denver, Denver Tech Center, Cherry Creek and Denver University.

WHAT TRANSPORTATION IS AVAILABLE AT COLORADO CENTER?

  • Colorado Center is a pedestrian-friendly transit-oriented development located at the Colorado Station RTD Light Rail stop. In addition to RTD bus and Light Rail service, Colorado Center offers easy access to eGo CarShare, bike storage options and a pedestrian bridge reaching from the Light Rail station across I-25 to Cherry Street.

WHAT CURRENTLY EXISTS AT COLORADO CENTER?

  • Three Class A Office Buildings totaling over 500,000 square feet, United Artists Colorado Center Stadium 9+ IMAX, Dave & Busters, and Colorado Station Light Rail Stop.

WHO ARE THE MAJOR TENANTS CURRENTLY?

  • Office – Vectra Bank, JE Dunn Construction, PCL Construction, and Willis Retail – United Artists Colorado Center Stadium 9+ IMAX and Dave & Busters.

WHAT NEW DEVELOPMENTS ARE IN STORE FOR COLORADO CENTER?

  • From centrally located, accessible and modern workplace environments, to a vibrant and active Retail Main Street and unparalleled mountain views, Colorado Center is bringing a fresh infusion of work, play, convenience and practicality – all within the heart of Denver.
  • Office – 200,000 square foot Class A Office Tower with contemporary, flexible office floor plans, floor-to-ceiling glass windows, exposed ceilings, fitness studio, spacious lobby and covered parking.
  • Retail – New Main Street with retail and entertainment space for restaurants, bars and shops, offering maximum signage visibility from I-25 with high traffic counts and strong demographics.

WHO IS THE GENERAL CONTRACTOR ON THE NEXT PHASE OF COLORADO CENTER?

WHO IS THE ARCHITECT?

  • Tryba Architects

WHO IS THE LEASING CONTACT FOR THE EXISTING AND NEW OFFICE SPACE?

  • Lincoln Property Company

WHO IS THE LEASING CONTACT FOR THE NEW RETAIL SPACE?

WHO IS FINANCING THE NEW DEVELOPMENTS AT COLORADO CENTER?

  • The project is a joint venture between LPC and ASB Capital Management, a large institutional investment management firm based in Washington, D.C.

WHOM CAN I CONTACT FOR MORE INFORMATION?

MEDIA KIT

MEDIA FREQUENTLY ASKED QUESTIONS

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COLORADO CENTER HISTORY

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COLORADO CENTER EXECUTIVE BIOGRAPHIES

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TRANSIT ORIENTED DEVELOPMENT

Colorado Center is Your Epicenter.

As Denver’s premier transit oriented development (TOD), Colorado Center directly aligns with the Regional Transportation District (RTD) to bring a pedestrian-friendly, mixed-use community that encourages residents and workers to drive their cars less and ride transit more. In the most successful TODs, there are people everywhere and transit stations integrate seamlessly into the community. TODs pulse with energy and liveliness.

TODs provide relief from completely automobile-dependent lifestyles by simplifying  life and allowing people to experience a strong sense of community. Most importantly, Colorado Center was designed to provide people with options so they can choose where to live, work, play and mingle.

Benefits of TOD:

  • Reduces commute times and traffic congestion
  • Increases public safety
  • Increases transit ridership
  • Saves households money
  • Reduces air pollution and energy consumption rates

RTD Light Rail

Colorado Center is directly adjacent to the Colorado Boulevard light rail station. With 35 stations across 5 lines, the existing light rail system allows fast and easy travel to Denver’s Theater District, Convention Center, Coors Field, 16th Street Mall, Union Station, Park Meadows Shopping Center and many more hot Denver destinations.

Light Rail Schedule and Map

Transportation Solutions

Transportation Solutions strives to increase the availability and use of transportation choices to improve traffic, air quality, health and economy for businesses and residents in the Denver area. As a member of Transportation Solutions, LPC aims to reach the same goals with all development projects across Denver.

Guided by their mission, Transportation Solutions is committed to being the pre-eminent transportation management association (TMA) in Denver. Transportation Solutions will serve as a convener, trusted advisor, vital partner, and visible leader that convenes and catalyzes businesses, government, and community entities, through partnerships, policy, and programs to enhance the quality of life and economic vitality.

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EcoPass

Enhance the economical benefits of RTD with an EcoPass, which gives full-time employees unlimited rides on all Local, Express and Regional bus and light rail services.

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eGo CarShare

Colorado Center is one of 13 eGo CarShare locations, providing access to a network of energy-efficient vehicles throughout Denver and Boulder. eGo CarShare eliminates the commitment of owning a car because you pay as you go. Learn how to take advantage of eGo CarShare here.

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FasTracks

FasTracks is the nation’s largest transit expansion program designed to support Denver’s growing population. FasTracks will efficiently connect people and places like never before through the Denver metro area.

What to look forward to:

  • 122 miles of new rail service
  • 18 miles of bus rapid transit
  • 57 new stations
  • 31 new Park-n-Rides
  • 21,000 new parking spaces
  • Redevelopment of Denver Union Station

 Learn more

View the RTD FasTracks Map.

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