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GREENWOOD VILLAGE, CO-Everest Development Co., based in Tulsa, OK, is in the early stages of a two-tower, 12-story condo project that will cost between $120 million and $150 million in this upscale city along the Southeast corridor. The development, called the Landmark, already has seen about 114 of the first 125 units sell.

Everest has razed a 147,000-sf former office building on the site west of Interstate 25 between Belleview and Orchard roads at 7677 E. Berry Ave. It will be near a new T-Rex light-rail station that opens next year. The office building had been the headquarters for the Stone & Webster engineering firm before it sold it to TeleTech Holdings, a giant call center company that never occupied the building. Instead, TeleTech sold the facility for a loss and moved into what had been the world headquarters of AT&T Broadband. AT&T later sold to Comcast.

In addition to 250 condos between two identical towers, construction will begin this month on 150,000 sf of retail space at the community, says Tom King, marketing director for Everest. Also, sales are so strong at the first tower that early construction details are being worked out for the second residential building, he says. Retail will include a spa and a gourmet deli.