Office condos to offer ‘home away from home’ in CTC

A water feature adds to the relaxing atmosphere Eisenstein looks to achieve at The Cantilevers.

What if work were a home away from home?

That’s the idea behind a luxury office condominium development in Louisville, a place with percolating ponds, expansive Front Range views and a “grotto” versus a lobby.

Michael Eisenstein of Land Capital LLC, in partnership with Jason Collier, expects to break ground in approximately nine months on The Cantilevers, a 34-unit development at 1411 S. Arthur Ave. in the Colorado Tech Center.

Michael Eisenstein

“It’s a home away from home but within the office world,” said Eisenstein, whose projects are driven by his penchant for creative design. “We’re getting great feedback. People are just loving it.”

“The Cantilevers is a vision of what a lifestyle office should be. You are at your job for a large part of your life, your work should represent a place where you love to go. A place that cultivates inspiration, creativity, passion, joy and satisfaction,” said Collier.

Jason Collier

Collier said, “The Cantilevers is designed to allow people to create their space to match their lifestyle. The public spaces promote areas where people can either decompress and relax or promote their creativity, collaboration and passions.”

Situated on an elevated site, The Cantilevers is a 2 ½-story building with large windows framing the mountains, and a garden level called the “Grotto” with wine lockers and an outdoor water feature where owners can relax, meet and enjoy the views.

“It’s plush couches with beautiful carpet and so much light coming in. But at the same time, since it’s a garden level, you have that nice, sort of basement feel where you feel protected by the strong walls, and the sound is buffered nicely. We want that to be a space where people could have meetings but at the same time enjoy where they’re sitting and relax, and maybe have a glass of wine,” said Eisenstein. The site also offers an ideal location for taking a break to walk the Coal Creek Trail, he said, adding there will be a bike shop with bike storage for two-wheel commuters, along with a dog run.

Rather than a typical single, deep detention pond, The Cantilevers will include a series of shallow ponds surrounded by landscaping.

The Cantilevers will feature an HVAC system that “provides a wonderful ambient heat and cooling throughout,” said Eisenstein. There will be radiant heat to melt snow during the winter and a subterranean parking area allowing owners to stay out of the elements while traveling to and from their cars.

Condos will average 1,610 square feet, including in-unit restrooms. The flexible design allows units to be clustered together for companies needing larger spaces.

Units in The Cantilevers will be offered for sale or lease. “It could be either, but we did a model that shows owning is much more beneficial than renting for a consumer,” Eisenstein said, noting owners should be able to take advantage of U.S. Small Business Administration loans and ultimately benefit from appreciation of office space in Boulder County.

Spaces are situated to capitalize on Front Range views.

“We’re putting high-end elements into it so it’s almost a home – it’s something to be owned, not just rented,” Eisenstein commented. Prices will average around $700 per sf.

The architect, Louisville based DAJ Design, is known for designing high-end homes, and The Cantilevers is being marketed by Brandon Kaufman of Nexus Commercial Realty in partnership with Mor Zucker of Re/Max.

Eisenstein, who is developing a 42-unit townhome project in downtown Louisville, said the city has been a great partner, demanding a lot but also improving the product.

“The city of Louisville is, to me, one of the best design-centric municipalities. Their ideas are great, and I love working with Louisville.

“We think it’s going to set a new level for office, definitely in Boulder County and maybe even in the state, because we’re looking at it from the angle that it’s a place you want to go, invite guests, and create and collaborate – a really nice sanctuary,” Eisenstein said.

Eisenstein recently drew attention for another project he is envisioning – a potential 40-story “Love This City” tower on a parking lot he has under contract in downtown Denver.

Featured in CREJ’s Aug. 21-Sept. 3, 2019, 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…