DENVER — Q Factor, a local development firm, and partner Clarion, an institutional real estate investment company, announced today the opening of INDUSTRY RiNo Station in the River North (RiNo) District. The property, sister to INDUSTRY Denver located on Brighton Boulevard, is an adaptive reuse project comprised of creative office space, retail, and restaurants in a former cold-storage warehouse at 38th and Walnut Street.
INDUSTRY was one of the original developments that put RiNo back on the map, and RiNo Station, 60 percent preleased, promises to house even more space to work and gather in the neighborhood. RTD’s A-Line Rail Station at 38th and Blake brings tenants and visitors to INDUSTRY’s new front door. Current budding involvement with the neighboring St. Charles Recreation Center and RiNo Beer Garden bear much promise for sustained communal relationships.
Ellen and Jason Winkler, co-founders of INDUSTRY and owners of Q Factor, were mindful of bringing this 152,000-square-foot project to a residential area with INDUSTRY’s second inception. When encouraged to build five stories extending to the periphery of their property lines, they declined. “We want to be a part of the community that’s already here, not overshadow it. We kept the building’s original footprint, and through our work with the rec center next door, we’re nurturing a conduit for partnership. We intend to build social capital in the community, involving our neighbors in the change our arrival brings to their neighborhood, and fostering connection with the people who are already here. We are grateful for their welcome,” says Ellen.
RiNo Station boasts soaring two-story ceilings, raw steel framework, modular glass wall systems, and polished concrete floors. Tenants enjoy a curated environment that fosters an integrated community and business ecosystem. Amenities include shared spaces from phone booths and huddle rooms, to larger conference rooms and an event stadium. Tenants have access to two large shared kitchens and a café run by MRQT, Q Factor’s newest venture. Ping-pong, beer, and a dog-friendly environment are also part of the package.
With flexible and scalable floor plans, INDUSTRY RiNo Station is able to accommodate larger corporations looking to embrace a modern office environment that promotes collaboration and creates efficiencies in the ways that employees use their office space. They cater to companies ranging in size from large headquarters to smaller 4-8 person offices and even single offices and desks.
The timing of the project will also allow fast growing tenants in the original Brighton Blvd. location to continue their growth. Signed leases to date include four INDUSTRY Denver transplants who outgrew their spaces, including Velocity Global, Cloud Elements, The Receptionist and Feldmann Nagel.
While many tenants are currently in the process of moving in, Convercent recently signed for nearly 28,000 square feet that is in the final design phase with occupancy projected in early 2018. Convercent is a developer of Global Ethics and Compliance software and will be an anchor tenant at INDUSTRY RiNo Station.
“The team at INDUSTRY does ‘work space’ differently – and more creatively – than we’ve seen in Denver and the entire US,” states Jason Glasser, vice president at Clarion Partners. “We’re excited to continue the proven INDUSTRY model at RiNo Station.”
