Brinkman builds Target at Exchange at Boulevard One redevelopment
A small-format Target is underway as the anchor tenant for the Exchange at Boulevard One, which is being developed by project partners Confluent Development and Kelmore Development.
The 30,000-square-foot Target will be part of the mixed-use redevelopment in Denver’s Lowry neighborhood, which includes more than 25,000 residents and employees.
Designed by Open Studio, the 175,000-sf Exchange at Boulevard One project is the only commercial development at Boulevard One – the 70-acre parcel represents the newest neighborhood to be developed at Lowry. Brinkman Construction broke ground on the initial 135,000-sf phase of the mixed-use project in April 2019.
“Target is the forward-looking and nimble retailer we’ve been seeking in an anchor tenant, bringing a national reputation for its innovative retail strategy,” said Marshall Burton, president and CEO of Confluent Development. “Target’s industry-leading capabilities coupled with its focus on delivering a specially curated retail experience for the Lowry community and nearby neighborhoods will position the store as an integral cornerstone for the development.”
The Mulhern Group is the project architect for the Target store location. The collaborative project is supported by the Denver Urban Renewal Authority and Lowry Redevelopment Authority.
“The small-format Target, along with other retail tenants, supports our vision of creating a community center where people can shop, socialize and do their daily errands,” said Monty Force, executive director of the LRA. “The mobility hub, combined with planned pedestrian safety enhancements will make it easier and safer for people to come to Boulevard One by foot, bicycle, bus or other modes.”
Aubry Teeters, Brinkman’s senior project manager for Exchange at Boulevard One, described how the pandemic is impacting the project, which is on track for an on-time completion in the spring.
“The COVID-19 pandemic continues to present challenges to our workforce and our material suppliers,” Teeters said. “Our team has also been proactive with potential procurement delays and, although several national suppliers have encountered severe delays to delivery times, we’ve been able to collaborate closely to prevent project delays.”
Located at Lowry Boulevard and Quebec Street, the infill development will feature about 500 parking spaces, including a 231-stall underground parking garage, plus multimodal accessibility with a mobility hub for bicycle and scooter parking, pedestrian connectivity, electric car charging stations and nearby transit lines with connections to light rail.
Other tenants include SCL Health, which will occupy 15,700 sf of office space; Sushi Ronin, which is leasing nearly 2,000 sf; MOD Pizza, occupying 2,750 sf; YogaSix, which will launch its sixth metro Denver location, opening a 2,350- sf studio; and Logan House Coffee, the Denver-based coffee roaster, which will occupy 1,850 sf.
Published in the Dec. 2-15, 2020, issue of CREJ.