Shea Properties has started construction on the third and final phase of the Village Center Station mixed-use development in Greenwood Village. The Class A, 12-story building will comprise 306,000 square feet and be 100 percent occupied by Charter Communications.
The new office tower will house Charter’s entire Product, Software Architecture & Development, Technology Services, Northwest Regional Office, Real Estate and Strategic Procurement organizations, as well as local members of its corporate Human Resources, Facilities, Spectrum Reach, Field Operations and Spectrum Enterprise teams.
“This state-of-the-art workplace will be well suited to support a wide range of business purposes, including the design and development work powering all of Charter’s products and services,” said Rich DiGeronimo, executive vice president of Product and Strategy for Charter. “Charter has made a multimillion-dollar investment in the Denver community, and in addition to its already large corporate presence, plans to add over 800 new high tech jobs in the coming years.”
The new Charter Building will complete the three-phase, approximately 900,000-sf Village Center Station development. The office tower along with a 1,221-space parking structure and an additional 18,000 sf of office/retail space is located between the recently completed 11-story CoBank Headquarters and the nine-story multitenant Village Center Station 1 building. Both were completed by Shea Properties and are fully occupied at a time when development of new large Class A buildings has been rare.
“The three-building campus, adjacent to the plaza, is a realization of the original master plan. We have been true to a vision of creating a modern office campus energized by a common outdoor amenity and gathering place with ground level-retail. We are proud to see the last piece of the puzzle being developed,”said Peter Culshaw of Shea Properties.
The architect for Charter Communications’ new building is Denver-based Davis Partnership Architects. Adolfson and Peterson Construction is the general contractor and has begun construction with initial occupancy of the building expected in early 2018.
Tim Harrington, Tom Lee and Jenn Chavez of Newmark Grubb Knight Frank represented Shea Properties on the lease transaction. Bill Lucas and Travis Young, of Cushman & Wakefield represented Charter Communications.