DIA Site Selected for Rocky Mountain Real Estate Challenge
‘The Challenge’ is the premier real estate competition that pairs graduate-level students from the University of Colorado and the University of Denver and industry leaders in the Colorado real estate community to evaluate development opportunities. The focus of the 2020 competition is a project site which is part of the City of Denver’s overall vision to transform some of the thousands of bank acres around the airport into a multi-district commercial zone.
Located adjacent to and immediately east of RTD’s 61st and Peña station, this 60-acre site is an ideal project focus for these real estate graduate students. DEN Real Estate, the division overseeing all airport real estate development, is working in collaboration with stakeholders to be thoughtful stewards of the 16,000 acres of airport land that will soon become a series of linked districts known as Denver’s Global Gateway. Each commercial district has been designed with a unique character and relationship to its surroundings, featuring urban amenities, a connection to nature and a commitment to renewable energy and sustainability.
“Mayor Michael Hancock has worked hand-in-hand with DEN on the idea of Denver’s Global Gateway, a development surrounding our airport,” said Darryl Jones, DEN chief real estate officer. “DEN has completed a Strategic Development Plan for this area that is comprised of a series of commercial districts that appeal to various industry sectors and business categories. The Strategic Development Plan highlights the panoramic views of the Rocky Mountains as well as built attributes that will foster the next generation of transit-oriented development (TOD) and smart cities growth strategies.” Jones added.
On April 28th, MBA Students from CU and DU will present their plans for the Denver Shops Site in front of more than 700 real estate professionals at the Hyatt Regency Denver at Colorado Convention Center. Registration opens in February.