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Analysis Shows Southwest Denver as Emerging Hotspot

DENVER-The city's southwest submarket is no longer a dark horse in the development race. It's clearly emerging as a hotspot, says a Cushman & Wakefield Inc. broker who has just completed an analysis of the region.

By John Rebchook | Updated on November 02, 2000

DENVER-The long over-looked southwest Denver market is taking off. An analysis by R. Brian Watson, a broker with the Denver office of Cushman & Wakefield Inc., is identifying 15 projects with an aggregate of 2.9 million sf that has just been completed, under construction or will be starting in the near future.

Projects range from build-to-suits, such as the 600,000-sf Lucent Technologies campus in Highlands Ranch, to the proposed Opus@Bandimere project on the site of a current drag strip that hopes to move to the metropolitan area’s northeast quadrant.

Watson says companies increasingly are choosing to build along a loop road called C-470 because congestion is far less than the Interstate 25 corridor, where most of the office parks are located. The I-25 corridor will only get worse starting next year, when an eight-year, multi-billion-dollar road-widening program begins. The transportation project also will bring light-rail service to the I-25 corridor.

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