RedPeak Opens $79M 1600 Glenarm Place

DENVER-Locally based RedPeak Properties recently opened 1600 Glenarm Place building, which the company is redeveloping into a mixed-use project with luxury apartments, retail and office space. The 31-story high-rise office building, originally constructed in 1964 as the Security Life Building, will have 333 luxury apartment homes, 20,700 sf of retail, and 14,700 sf of office space when completed.

“RedPeak has invested almost $80 million into this project through private-investment initiatives without the need for any public funds,” says Mike Zoellner, president of RedPeak. “This is very unique in today’s world. We have always viewed this property as an historical reference for the Downtown skyline.”

A number of development plans were created while the building sat vacant for more than 10 years, including several for luxury hotels, but none of them materialized. RedPeak acquired the building two years ago.