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Engineering Firm Splits CBD for Suburbs

Doubling rents and quality of life push Arcadis Geraghty & Miller out of town.

By John Rebchook | Updated on July 28, 2000

DENVER—Arcadis Geraghty & Miller, an international environmental and engineering services consultant, is moving its US headquarters from Downtown Denver to a new building in the Highlands Ranch Business Park in the Southwest suburbs. Arcadis will be the 35,000-sf anchor tenant in a new, $11-million, two-story building at 630 Plaza Dr. in Opus Plaza, developed by Opus Northwest. Currently, the company is leasing 42,000 sf on two floors at 1099 18th St., a building it has occupied since 1989, says Arcadis EVP Cathy Speak. A total of 110 employees will people the new building.

The company has been paying $15.50 per sf for its Downtown office space, and rents would have almost doubled to about $27 per foot, she says. Also, the price of parking has risen dramatically Downtown, and increasingly employees had to fight traffic congestion. ”There was a quality-of-life issue,” she says. ”One of the first things we did was to plot where all of our employees lived, and there was a real cluster of people south of I-70 and west of I-25.”

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