Niederman, Hutto to develop One DTC West

3486_One DTCA 75,500-square-foot Class AA office building will be developed on the bustling East Belleview Avenue corridor in Denver Tech Center West.

Kentwood Real Estate CEO Peter Niederman and Frank Hutto, a Denver energy industry executive, will develop One DTC West, an approximately $24 million project, at the northwest corner of East Belleview Avenue and South Niagara Street. Kentwood Real Estate, which is on track to do $2.3 billion in sales this year, will occupy the top floor of the four-story, multitenant building.

“It’s a rare opportunity to be able to acquire such a wonderful parcel where we’re seeing most of the growth happening in the Denver Tech Center,” said Niederman. “It’s not just a building for Kentwood. It’s a building that we feel will be a great investment to own long term.”

Read the entire article in CREJ’s Sept. 16-Oct. 6 issue.

Jill Jamieson-Nichols has been an Editor with the Colorado Real Estate Journal for more than 15 years, providing coverage of office, industrial, hospitality and mixed-use development news in the Denver metro area, plus all property types in Northern Colorado, Boulder County and along the Highway 36 corridor. Prior to joining CREJ, Jill was Editor of…