Initial Plans Announced for Mixed-use Development at Broadway Station
Texas-based Endeavor Real Estate Group and Denver-based Legend Partners have unveiled the name and initial plans for a huge transit-oriented, mixed-use development at Denver’s Broadway Station that will pay homage to the recently-demolished Gates Rubber Factory. The development team has named the project “Gates District at Broadway Station,” The total master plan will offer 887 residential units, 380,000 square feet of office space and 180,000 square feet of retail and restaurant space in a five-building layout.
“It was incredibly important to us that the name not only pay homage to the history of the site and the legacy of the Gates family but also demonstrate our desire to weave Gates District at Broadway Station into the fabric of the existing neighborhood,” said Charlie Northington, managing principal at Endeavor Real Estate Group.
Endeavor and Legend have engaged Denver-based Shears Adkins Rockmore (SA+R) as the master architect while Los Angeles-based Rios Clementi Hale Studios will assist in the design of the office component. Kimley-Horn has been engaged as the civil engineer. Endeavor’s joint venture partner, Legend Partners, bring their retail leasing expertise to the project with Julie McBrearty and Sam Zaitz taking the lead. The office leasing will be spearheaded by James Roupp and Andy Ross of JLL.
Gates District is located at the second busiest rail stop in Denver. With I-25 and the RTD fly over to the North and South Broadway to the East, Santa Fe and the Platte River to the West and E. Mississippi due South, it is at the center of a major Denver corridor, providing 360-degree visibility. This unique location will provide Denver a central meeting point between North and South, with safe and convenient access, great outdoor views, and a lively community.
Gates District total master plan calls for a five-building layout with approximately 887 residential units, 380,000 square feet of office space and 180,000 square feet of retail and restaurant space. Phase 1 of the project will include two of the five buildings, comprising 46,000 square feet of retail, 170,000 square feet of office, and 290 residential units. Construction on Phase 1 will begin in Q2 2020 and is slated to be complete in Q2 2022. With a pedestrian-friendly layout, desirable eateries, and office and residential units with great views of the Rockies, Gates District will be a captivating and convenient space to work, live and play.
“This location is prime to be a high-traffic, vibrant, mixed-use development,” said Rick Will, founding partner of Legend Partners. “From a retail perspective, we anticipate a variety of food and beverage options ranging from fast causal to full-service, as well as service-based, fitness and experiential retail tenants. For office, this is an untapped area, and we think everyone from tech to law firms, from local small businesses to oil and gas will see this as a new, intriguing opportunity.”
Endeavor has acquired or developed more than 15.8 million square feet of realized real estate projects; has more than 8 million square feet of office, industrial and retail space under management; and in excess of 3.4 million square feet currently under construction. While based in central Texas, Endeavor has expanded to develop or acquire projects in Fort Worth, Dallas, Houston, Nashville and now Denver. Endeavor acquired the 7.5-acre parcel within the 41-acre Broadway Station redevelopment in January. This will be Endeavor’s first project in Denver and second in Colorado.
Renderings courtesy of SA+R