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Cherokee Denver Selects Contractor for $126M Infrastructure Work

DENVER-The developer of the 50-acre Gates Co. redevelopment taps Kiewit Building Group, which is hard at work on the T-Rex project, to lay the groundwork for its $1-billion plan. The general contractor was one of three on the short list.

By John Rebchook | Updated on January 31, 2006

(To read more on the industrial market, click here.)

DENVER-Kiewit Building Group, the giant general contractor best known for its $1.2-billion T-Rex project along Interstate 25, has landed the $126-million infrastructure improvements at the former Gates Co. development at Broadway and Interstate 25.

Ferd Belz, president of Cherokee Denver LLC, which is the owner of the 50-acre site and is cleaning up the polluted land, chose Kiewit over three other finalists. Kiewit is tied to the approval of $85 million in tax increment financing. The Denver City Council is scheduled to vote on the TIF plan next Monday. It’s already cleared the first reading with one dissenting vote.

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