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Construction of Landmark's 150,000-SF Retail Portion Begins

GREENWOOD VILLAGE, CO-Following strong condo sales at Everest Development Co.'s Landmark project, the company is starting work on 150,000 sf of retail. Landmark will cost between $120 million and $150 million and will include 250 condos within two identical towers.

By John Rebchook | Updated on January 05, 2006

(For more retail coverage, click GlobeSt.com/RETAIL.)

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.

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