Platte Fifteen: One of the First Buildings in Denver to Use CLT
DENVER – Platte and 15th Streets, formerly the home of Natural Grocers and Confluence Kayaks, will soon become the site for Platte Fifteen — a 151,736-square-foot mixed-use retail and restaurant space and 7,000-square-foot rooftop deck. Designed by OZ Architecture, developed by Crescent Real Estate, LLC and to be built by Adolfson & Peterson Construction, Platte Fifteen signifies one of the first buildings in Denver to be constructed of cross-laminated timber (CLT) — a material that is both sustainable, stable and aesthetically pleasing, mimicking the look of heavy, old-growth lumber.
OZ Architecture is one of the first firms in Colorado to design with CLT. Using this material fosters a modern, authentic environment with an exposed timber structure in a way currently not offered in Denver, and further represents the juxtaposition of old and new, modernity and character, progression and heritage. Loading Dock, a former warehouse turned modern office, integrates CLT into the walls, floors, roof and structure, and was the first CLT building in Boulder.
The building will include 14,000 square feet of retail on the ground floor and around 135,000 square feet of office space on the upper four levels. The ground-floor retail spaces and building entry along 15th Street at the corner are set back by almost 20 feet to provide extra room for pedestrians. Newmark Grubb Knight Frank is managing the leasing of the office space.
The building will also include 10,000 square feet of outdoor space including terraces along Platte Street and a rooftop deck along 15th Street with great views of downtown.
The neighborhood has been gaining more attention as a tech-centric place to live and work, with easy access to downtown’s modern amenities as well as recreation activities on the Cherry Creek and Platte River and their adjacent trails.
Platte Fifteen is the first in a three-part series of new builds in the vicinity of the 15th and Platte intersection. Next will be the 81,570-square-foot Riverpoint Two across the street, next to the historic My Brother’s Bar. The final phase will be the 108,739-square-foot redevelopment of Crescent’s original Riverpoint building at 2300 15th Street, which includes a view over Confluence Park and a bridge linking it to Riverpoint Two.
Platte Fifteen is anticipated Summer 2019.
Renderings courtesy of OZ Architecture.