Construction at 9th and Colorado

Vertical construction begins at 9th & Colorado project.

Construction will include 2 million square feet on mixed-use space.

Construction can begin because demolition, abatement mostly completed.

Construction

A rendering of what is to come at 9th and Colorado. Vertical construction is just kicking off.

The long-awaited mixed-use development at East 9th Avenue and Colorado Boulevard  is beginning to take shape.

Construction has begun on a part of the 26-acre University of Colorado Health Sciences Center campus in Denver.

When completed, the mixed-use, urban infill site will have 2 million square feet of space. The walkable site will include residential, retail and office developments.

The 12-block community is being developed by 9th Avenue (Denver) Land.

The limited liability company is a  joint venture between Continuum Partners and CIM Group.

Demolition and abatement work is mostly completed.

Vertical construction has begun on the first building in Phase 1 of the project, That is Block 7 at the northeast corner of 9th Avenue and Colorado Boulevard.

Block 7 is a 275-unit apartment building with more than 40,000 square feet of ground floor retail. It  is anticipated to be complete in mid-2018.

In addition, construction has started on the utility and roadway infrastructure for the larger 9th & Colorado project.

Roads and utilities on the northern half of the site are scheduled to be complete by the end of 2016. Work on the southern half of the site anticipated to be complete in 2017.

“The start of vertical construction is a major milestone for the 9th & Colorado project,” said Frank Cannon, Development Director for Continuum Partners.

“Our demolition work is substantially complete and now we’re focused on fulfilling the vision to create a dynamic neighborhood,” Cannon said on Tuesday.

Construction

Another rendering of a building coming to 9th and Colorado. Construction is just kicking off.

“It’s great to be bringing new buildings up instead of tearing old ones down,” Cannon said.

About 2 million square feet of building have already been demolished on the site. For example, the former Biomedical Research building was demolished last August.

A 1,000-car parking structure at 11th Avenue and Colorado Boulevard, will remain.

The former Nurses’ Dormitory building has been fully gutted. It is in preliminary design for an adaptive re-use.

The five-story Research Bridge that spans 9th Avenue, also will remain.

Construction has also begun on Ash Street Apartments by Ash Street Affordable Housing LLC.

That is a joint venture between Koelbel and Co. and Mile High Development. Mile High is headed by veteran developer George Thorn.

The 112-unit affordable housing development is being built on land that 9th Avenue (Denver) Land LLC recently conveyed to the development That building fulfills its vision and commitment to providing affordable housing to the community.

The project’s onsite development office in the parking structure at 11th Avenue and Colorado Boulevard will open the first week of July.

Updates on the community will be posted at www.9thand Colorado.com.

Have a story idea or real estate tip? Contact John Rebchook at JRCHOOK@gmail.com. DenverRealEstateWatch.com is sponsored by 8z Real Estate. To read more articles by John Rebchook, subscribe to the Colorado Real Estate Journal.

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John Rebchook

John Rebchook has more than 30 years of experience in writing and communications. As the Real Estate Editor for the Rocky Mountain News, he wrote about residential and commercial real estate for 26 years. He has won numerous awards for business stories and columns that he wrote, both as an individual and part of teams. In addition to real estate, he also covered economic development, banking and financing, the airlines, and cable TV for the Rocky. In addition, he was one of the original freelance writers for GlobeSt.com, covering commercial real estate for the Internet publication.

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