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40-Story Built on 'Purely Spec Basis'

DENVER—In an UPDATE to a previous story, Hines' Charles Elder says the firm's newest class-A project here is a testament to the strength of the Denver market and the firm's confidence in the City's future growth.

By Natalie Dolce | Updated on June 19, 2014

DENVER—As GlobeSt.com previously reported, Hines revealed plans for a new 40-story office tower in Denver, located at 1144 Fifteenth, between Arapahoe and Lawrence streets. The 640,000-square-foot class A office building will be one of the tallest office buildings in Denver. 

In an update to that story, Hines managing director, Jay Despard, says that the property “will set a new standard for Denver’s high-rise office space and enhance our city’s urban experience.”  According to Despard, “It has been nearly three decades since Denver has received an office tower of this size and scale. We strongly believe that the quality and location of this building will be appealing to a wide range of tenants and ultimately, once finished, we feel this will be the premier asset in all of the Rocky Mountain west.”

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