The Yard at Denargo Market, an 85,000-square-foot industrial building at 2323 Delgany St. in River North, is being converted into an innovative office building.
EverWest Real Estate Partners and
WHI Real Estate Partners purchased the building last month with plans to transform The Yard into flexible and adaptable tenant spaces with open lighting via 24 skylights and 19-foot high windows, common conference space, collaborative areas, an outdoor patio, indoor bike storage, a fitness center and a reception bar.
"The existing structure offers ultimate flexibility for us as we are designing these interactive common spaces and also delivers an amazing canvas for users who are looking for something different from traditional office space," says Curt Kremer, managing principal with EverWest. "The Gensler team has done a tremendous job of blending new use within this old structure making for a uniquely creative product."
The Denver-based investor and developer is expanding its local asset portfolio, which includes Cherry Creek Corporate Center, Broadway Station, Panorama Corporate Center and more than 320,000 square feet of industrial product.
"This investment is part of a creative office redevelopment strategy that EverWest is implementing nationally," Kremer says. "The Yard's concept and location fill a desirable space demand in the downtown Denver business district."
Renovations are scheduled to begin late this year, with planned delivery scheduled for mid-2017.
Contact Confluence Denver Development News Editor Margaret Jackson with tips and leads for future stories at margaret@confluence-denver.com.
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