Project Snapshot: Inside Block 162

Main

Looking east from Block 162’s 26th floor, the highest floor for which the glass curtain wall had been fully installed as of Tuesday. (Photos by Thomas Gounley)

Block 162 has topped out, and construction is still on schedule despite the pandemic.

The final beam was placed atop the structure last Wednesday. David Haltom, a vice president for Houston-based developer Patrinely, gave BusinessDen a tour of the 30-story office tower under construction at 675 15th St. on Tuesday.

The coronavirus has affected the worksite. Workers wear masks, and a construction elevator with an original capacity of 35 is now limited to 10 people at a time. But Haltom said the project benefited from the fact that it’s been underway for about two years, and much of the materials needed were at the site — or at least in the Denver region — by the time the pandemic arrived.

“If we had been earlier in the construction process, it could have really thrown our delivery for a loop,” he said.

One exception is marble for the building’s lobby, which still needs to be imported from Italy, which was one of the first Western countries to be hit hard by the virus. That has caused delays, but Patrinely still expects it to arrive in time to allow for a December completion. That’s the target it set in summer 2018 when it broke ground.

The pandemic has affected leasing activity, which Haltom said dried up in March, as Patrinely wanted to keep the worksite safe, and companies and brokers shifted to working from home amidst broad economic uncertainty.

But Haltom said tours have picked up in the last three weeks or so, although no leases have been signed.

Block 162 is the first skyscraper to be added in downtown Denver since Hines’ 40-story 1144 Fifteenth building, which was completed in 2018. Below are photos of the project, as well as details regarding the structure.

Secondary1

The lobby of Block 162 faces 15th Street.

Secondary2

The view looking northwest from the roof of Block 162.

Secondary3

The view looking west from the 30th floor of Block 162. The building in the foreground is the Hyatt Regency hotel.

Secondary4

The view looking northwest from the 30th floor of Block 162.

Secondary5

The view looking east from the 30th floor of Block 162.

Secondary6

The construction elevator passes by the 30th floor of Block 162.

Secondary7

A view looking northwest from the 26th floor of Block 162.

Secondary8

A view looking west from the 26th floor of Block 162, with the Hyatt Regency hotel in the foreground.

Secondary9

The view looking east from the building’s 11th-floor amenity deck.

Secondary10

A view of Block 162 from a block away.

Developer: Houston-based Patrinely Group and USAA Real Estate

Address: 675 15th St. (between Welton and California streets)

Specs: Block 162 will have about 9,000 square feet of retail space and a lobby on the ground floor. Offices will be on the 11th through 30th floors. Floor plates vary slightly but average 29,800 rentable square feet. The 11th floor also will house a fitness center, lounge and outdoor deck space. Parking will be on floors three through 10, as well as three below-ground levels, making for a ratio of 1.7 spaces for 1,000 rentable square feet.

The façade will be comprised of an all-glass curtainwall system. The project will be certified LEED Gold.

Groundbreaking: Summer 2018

Expected completion: December 2020, with tenants able to move in come early 2021

Architect: Gensler

General contractor: Swinerton

Tenants: No signed leases

Office leasing brokers: Doug Wulf and Todd Wheeler of Cushman & Wakefield, along with Dennis Tarro of Patrinely Group

Main

Looking east from Block 162’s 26th floor, the highest floor for which the glass curtain wall had been fully installed as of Tuesday. (Photos by Thomas Gounley)

Block 162 has topped out, and construction is still on schedule despite the pandemic.

The final beam was placed atop the structure last Wednesday. David Haltom, a vice president for Houston-based developer Patrinely, gave BusinessDen a tour of the 30-story office tower under construction at 675 15th St. on Tuesday.

The coronavirus has affected the worksite. Workers wear masks, and a construction elevator with an original capacity of 35 is now limited to 10 people at a time. But Haltom said the project benefited from the fact that it’s been underway for about two years, and much of the materials needed were at the site — or at least in the Denver region — by the time the pandemic arrived.

“If we had been earlier in the construction process, it could have really thrown our delivery for a loop,” he said.

One exception is marble for the building’s lobby, which still needs to be imported from Italy, which was one of the first Western countries to be hit hard by the virus. That has caused delays, but Patrinely still expects it to arrive in time to allow for a December completion. That’s the target it set in summer 2018 when it broke ground.

The pandemic has affected leasing activity, which Haltom said dried up in March, as Patrinely wanted to keep the worksite safe, and companies and brokers shifted to working from home amidst broad economic uncertainty.

But Haltom said tours have picked up in the last three weeks or so, although no leases have been signed.

Block 162 is the first skyscraper to be added in downtown Denver since Hines’ 40-story 1144 Fifteenth building, which was completed in 2018. Below are photos of the project, as well as details regarding the structure.

Secondary1

The lobby of Block 162 faces 15th Street.

Secondary2

The view looking northwest from the roof of Block 162.

Secondary3

The view looking west from the 30th floor of Block 162. The building in the foreground is the Hyatt Regency hotel.

Secondary4

The view looking northwest from the 30th floor of Block 162.

Secondary5

The view looking east from the 30th floor of Block 162.

Secondary6

The construction elevator passes by the 30th floor of Block 162.

Secondary7

A view looking northwest from the 26th floor of Block 162.

Secondary8

A view looking west from the 26th floor of Block 162, with the Hyatt Regency hotel in the foreground.

Secondary9

The view looking east from the building’s 11th-floor amenity deck.

Secondary10

A view of Block 162 from a block away.

Developer: Houston-based Patrinely Group and USAA Real Estate

Address: 675 15th St. (between Welton and California streets)

Specs: Block 162 will have about 9,000 square feet of retail space and a lobby on the ground floor. Offices will be on the 11th through 30th floors. Floor plates vary slightly but average 29,800 rentable square feet. The 11th floor also will house a fitness center, lounge and outdoor deck space. Parking will be on floors three through 10, as well as three below-ground levels, making for a ratio of 1.7 spaces for 1,000 rentable square feet.

The façade will be comprised of an all-glass curtainwall system. The project will be certified LEED Gold.

Groundbreaking: Summer 2018

Expected completion: December 2020, with tenants able to move in come early 2021

Architect: Gensler

General contractor: Swinerton

Tenants: No signed leases

Office leasing brokers: Doug Wulf and Todd Wheeler of Cushman & Wakefield, along with Dennis Tarro of Patrinely Group

This story is for our paid subscribers only. Please become one of the thousands of BusinessDen members today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

POSTED IN Commercial Real Estate

Editor's Picks

Leave a Reply

Your email address will not be published. Required fields are marked *