A market in the making

In Denver’s emerging River North (RiNo) district, we identified an opportunity to develop a new kind of creative office building—The Hub. An industrial neighborhood in the midst of transition, we were seeing a wave of new office buildings take shape. Our goal: to create the area’s first trophy building by putting the creative culture of the neighborhood on display.     

Creative vision meets strategic execution

Through an off-market acquisition of the development site, we executed a plan to create a landmark property that could support and accelerate RiNo’s transformation. Key elements included: 

• Ground up development of the five-story, 253,000-square-foot office building, along with 26,000 square feet of retail space, and a three-level podium parking structure

• Celebrated the culture of RiNo and Denver through thoughtful design and placemaking. Our goal was to seamlessly integrate The Hub into RiNo's artistic character through commissioned murals and artist activations. We, likewise, designed outdoor spaces that could capitalize on Denver's views and climate in order to create a holistic lifestyle destination.

• Increased capacity while reducing emissions. We obtained city approvals to create Denver’s first stacked parking program, which increased the building’s capacity by roughly 15%. In parallel, we developed a 7,800-square-foot rooftop solar installation, making the most of the Denver sun and delivering on our commitment to sustainability. 

• Demonstrated leadership through multiple certifications including LEED Gold, WiredScore Gold, and Fitwel.

• Delivered amenities to activate the building and surrounding area, which allowed us to attract and retain top creative tenants. These included rooftop and outdoor gathering spaces, a state-of-the-art fitness center, and ground-floor retail on all sides to create a vibrant streetscape.  
  

  

Creating lasting value 

Our vision for The Hub strongly resonated with the market, delivering a strong performance in pre-leasing and retail placements. 

• Secured preleasing with HomeAdvisor for 69,000 square feet before construction, later expanding to 92,000 square feet through two additional leases. 

• Strategic tenant mix of growing companies including Evercommerce, which had a subsequent successful IPO in 2021 after leasing 50,000 square feet in the building 

• Attracted a curated list of retailers including Chase Bank, VIV Cycle (cycle studio), and Queen’s Eleven (coffee shop) to further enhance the property’s surrounding area and support the transformation of RiNo. 

By delivering a first-of-its-kind office building in an emerging neighborhood, we were able to deliver the building 96% leased to a buyer in March 2020. The project's success–both as a development and investment–validates our approach to creating distinctive workplaces that generate value through innovative design, strategic tenant curation, and authentic placemaking.

Data current as of February 2025