Niederman, Hutto to develop One DTC West

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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.

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