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Weitz completes 2 DTC office projects

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With Western Union on board, One Belleview Station is 100 percent leased.

The Weitz Co. recently completed two new office buildings in the southeast submarket, bringing the national construction firm’s square feet of built office space in Denver to over 25 million.

Located in the Denver Tech Center, the Dry Creek building is an eight-level, 256,000-sf midrise that will serve as an additional building to the corporate headquarters campus for Arrow Electronics. Originally designed as a spec office building, it changed into a build-to-suit project for the tenant early in the construction process, which significantly changed how Weitz constructed it.

The external parking garage connects to the main lobby of the headquarters. Built on raised-access flooring, the third through eighth floors have collaborative workspaces, neighborhood cafés and a centralized meeting area. In addition, the eighth floor features an open ceiling to the deck. The second floor – also known as the “amenity level” – includes a full-service kitchen, fitness center with spin room, large training facility and mailroom.

The second recently completed project – One Belleview Station – is the newest high-rise at the corner of Belleview and Interstate 25. It is a high-performance, extremely efficient, employee-centric office building located at the Belleview Station light-rail stop.

Developed by Prime West, in partnership with Goldman Sachs, and built by the design build team of Gensler and The Weitz Co., One Belleview Station is a premier, Class A, transit-oriented development office building in the southeast submarket.

Throughout the preconstruction process, Weitz was able to manage the budget to remain within 2 percent of the owner’s target. This was achieved by working with design-build partners to ensure accurate estimates and, when necessary, utilizing smart value engineering to guarantee the integrity of the design intent.

One Belleview Station is 15 stories with 335,000 sf of office space. The Western Union Co. – Colorado’s eighth-largest business by revenue – is moving its headquarters into the building now that it is complete.

Edited by the Colorado Real Estate Journal staff.