Hines Announces Plans for New 40-Story Office Tower in Denver - Hines

Hines Announces Plans for New 40-Story Office Tower in Denver

1144 Fifteenth Will be the Premier High-Rise Office Building in Denver's CBD

(DENVER) – Hines, the international real estate firm, announced today plans for a new 40-story office tower in Denver, located at 1144 Fifteenth, between Arapahoe and Lawrence Streets.

The property will be the first office building of this height built in nearly three decades, and once completed, will be one of the tallest office buildings in Denver.

The 640,000-square-foot, Class A office building will offer tenants an irreplaceable location immediately adjacent to the Four Seasons hotel and condominiums, just one block away from Larimer Square, the heart of Denver’s amenity-rich LoDo area featuring fashionable shops, chef-driven restaurants and nightlife.

In-building amenities include: sweeping views of the Front Range; a state-of-the-art, 5,000-square-foot fitness facility; an auto detailing service in the parking garage; and ground floor retail.

Construction on the building will commence in May 2015 and will be complete in December 2017.

Peter Schippits with JLL has been selected as the lead broker for the project.

Designed by the acclaimed architectural firm Pickard Chilton of New Haven, Connecticut, the stunning structure will feature 25,000-square-foot, highly efficient floor plates, 10-foot ceilings on typical floors, floor-to-ceiling glass and the best parking ratio of any high-rise Class A office building downtown.

For more information on the project, visit: www.1144Fifteenth.com.

“We are very excited about introducing this new icon to the Denver skyline.

1144 Fifteenth will set a new standard for Denver’s high-rise office space and enhance our city’s urban experience.

It has been nearly three decades since Denver has received an office tower of this size and scale.

We strongly believe that the quality and location of this building will be appealing to a wide range of tenants and ultimately, once finished, we feel this will be the premier asset in all of the Rocky Mountain west,” stated Hines Managing Director, Jay Despard.

“With all of our equity funding now in place, we are building this project on a purely speculative basis, which is a testament to the strength of the Denver market and our confidence in its future growth.

We plan to own this building for a long time, and will be delivering the high level of quality expected from a new Hines office tower.

Pickard Chilton and Hines have an exceptionally successful track record of developing best-in-class office projects in North America, and we are pleased to be delivering the next landmark office tower in Denver,” added Hines Senior Managing Director, Charles Elder.

Hines has been active in the Denver market since 1982 and currently owns and manages more than one million square feet across every major submarket.

The firm has developed 1515 Wynkoop and 1601 Wewatta, mixed-use office and retail buildings in LoDo; Wells Fargo Center, a 50-story office tower in Denver’s CBD; 4600 South Syracuse, a 13-story office building in the Denver Tech-Center; and a four-story office building in Broomfield largely leased to GoGo.

Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes 1,317 properties representing more than 541 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments. Currently, Hines manages 391 properties totaling 161 million square feet, which includes 89.1 million square feet for third parties. With offices in 115 cities in 18 countries, and controlled assets valued at approximately $28.2 billion, Hines is one of the largest real estate organizations in the world. Hines is also a world leader in sustainable real estate strategies, with extensive experience in LEED®, ENERGY STAR®, BREEAM, Haute Qualité Environnementale and DGNB green building rating systems. Visit www.hines.com for more information.

1144 Fifteenth

Contact Hines

Headquarters

Global Headquarters

2800 Post Oak Blvd.
Houston, TX 77056-6188
United States
1 713 621 8000
Contact Hines

European Headquarters

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900

Regional Offices

U.S. East Region

345 Hudson Street
12th Floor
New York, NY 10014
United States
1 212 230 2300

U.S. Midwest Region

444 West Lake Street
Suite 2400
Chicago, IL 60606
United States
1 312 419 4900

U.S. Southeast Region

5 Ravinia Dr NE
Atlanta, GA 30346
United States
1 770 206 5300

U.S. Southwest Region

609 Main St.
Suite 2400
Houston, TX 77002
United States
1 713 237 5600

U.S. West Region

101 California Street
Suite 1000
San Francisco, CA 94111
United States
1 415 982 6200

Asia Pacific Region

1 Connaught Road, 28F
Central, Hong Kong

Eurasia Region

Gasheka Street 6
Ste. 820
Moscow 125047
Russia
7 495 785 05 00

European Region

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900

International Offices

Australia

20 Hunter St
Level 10
Sydney, NSW 2000
Australia
61 2 9232 3137

Brazil

Av. das Nações Unidas, 12901
Torre Norte - 6 ° andar
São Paulo 04578-910
Brazil
55 11 5504 7600

Canada

200 King Street West
Suite 1805
Toronto, ON M5H 3T4
Canada
416 595 1949

China

Suite 333, Hyundai Motor Tower
38 Xiaoyun Road, Chaoyang District
Beijing, PRC 100027
China
8610 8453 8855

France

66 Avenue Charles de Gaulle
Neuilly-sur-Seine, IDF 92522
France
33 1 41 45 80 80

Germany

Hines Immobilien GmbH
Joachimsthaler Str. 1
D - 10623 Berlin
Germany
49 30 726241 100

Greece

Voukourestiou 19
Athens 106 71
Greece
30 210 364 7895

India

One Horizon Center
12th Floor
Gurgaon, Haryana 122002
India
91 124 480 2222

Ireland

Block 2, First Floor
Clanwilliam House, Clanwilliam Place
Dublin 2
Ireland
353 1 7999900
Dublin.OfficeAdmin@hines.com

Italy

Via Broletto, 35
Milan 20121
Italy
0039 02 8962921

Japan

Akasaka K Tower Level 4
1-2-7 Motoakasaka, Minato-ku
Tokyo 107-0051
Japan
81 90 9854 5236

Luxembourg

35 F, John F. Kennedy
Luxembourg L-1855

352 264 337 1

Mexico

Torre del Angel
Reforma 350
Mexico D.F. 06600
Mexico
52 55 52428809

The Netherlands

Gustav Mahlerplein 28
Amsterdam, NH 1082 MA
Netherlands
31 6 30 70 81 29

Nordic Countries

Forbindelsesvej 4
Copenhagen 2100
Denmark
44 7815 285 191

Panama

Torre B Piso 15
Torre de las Americas
Punta Pacifica, Panama City
Panama
507 028 20 7375

Poland

Prosta Street 68
Warsaw 00-838
Poland
48 22 351 2400

Russia

Gasheka Street 6
Ste. 820
Moscow 125047
Russia
7 495 785 05 00

Spain

Sor Ángela de la Cruz, 2° - 2° C
Edificio Cuzco III
Madrid 28020
Spain
34 91 703 00 23

South Korea

Glass Tower, Level 20
534 Teheran-ro, Gangnam-gu
Seoul 06181
Republic of Korea
82 2 3439 9141

United Kingdom

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900