Aug, 24

Denver’s Top 5 Office Projects Currently Under Construction

U-Collective Denver Top 5 Offices Under Construction

Twenty properties totaling nearly 3.3 million square feet of office space are coming together in the Denver metro area, according to recent CommercialEdge data on the local activity. 

Before the beginning of the pandemic, Denver was one of the nation’s most promising office markets thanks to such criteria as its highly ranked education system, an educated workforce, a variety of lifestyle amenities and an environment that is exceedingly business-friendly. 

And while the Coronavirus has understandably slowed or halted new office construction in the region (as well as nationwide), 20 properties totalling over 3.3 million square feet of office space were under construction as of spring of this year.

Nearly all of the projects are set for delivery this year, much of that thanks to the presence of large and/or local companies such as Ent Credit Union and Kiewit. While the state of preleasing has been slow to fill up, it is picking up speed as we move further into the year. 

There have been two properties delivered thus far in 2021, totalling 389,863 square feet, the largest of which was Denver Health’s 293,000-square-foot Outpatient Medical Center—a clear sign indicating heightened demand for physical office space. 

Denver Colorado Office Commercial Real Estate Under Construction

Here are the top five largest office projects underway in the Denver metro area:

Rank Property Name Office

Sq Ft

Submarket Owner Anticipated Completion
1 Block 162 584,737 Central Business District Patrinely Group Q2 2021
2 4885 S. Quebec St. 355,419 Denver Tech Center Stonebridge Cos. Q1 2022
3 9480 Federal Drive 300,000 Colorado Springs Ent Credit Union Q2 2021
4 Kiewit Regional Headquarters – Building 1 252,000 Meridian Kiewit Q2 2021
5 One Platte 238,811 Denver – Highland Nichols Partnership Q1 2022

Source: CommercialEdge

If you are looking to make a commercial real estate purchase anywhere in Colorado, U-Collective is an expert team of local real estate brokers who are ready to guide you, specializing in everything from industrial and retail to office properties. No matter the type of property you are looking for, we can guide you through the research and purchasing processes. Get in touch with our team today to get started.