Westfield Co. is looking to replace the Denver Mart complex with a handful of large industrial buildings.
The Denver-based firm submitted a development proposal for the 451 E. 58th Ave. property to Adams County officials last year.
“The project will include the development of approximately two standard industrial warehouse buildings consisting of between 300,000 and 350,000 total square feet as well as two flex oriented, lighter industrial buildings totaling approximately 135,000 square feet,” Westfield wrote in the proposal.
Denver Mart opened in 1965. The facility has been used for trade shows, and also been home to a number of wholesale tenants. In February, tenants were told the facility would close at the end of March, and that the property would be sold.
BusinessDen previously reported that Westfield was the expected buyer. A company executive did not respond to a request for comment for this story.
Westfield’s project would be built on 30.4 acres. The entire Denver Mart complex would be demolished, with the exception of a connected hotel that is owned by a separate entity.
The area around Denver Mart is largely industrial in nature. In its submission to Adams County, the company noted that it has experience in the sector.
Westfield completed an industrial project called Hub25 at 601 64th Ave. in Adams County. And about 2.5 miles east of Denver Mart, the company is developing Pecos Logistics Park, 1.15 million square feet of planned industrial space across 62 acres, according to its website.
The company said it expects to redevelop the Denver Mart property in a single phase.
“Targeted tenants will include largely service oriented and supplier tenants as well as last-
mile distribution and logistics users,” the company wrote to the county. “However, the shallow bay, flexier buildings proposed for the site frontage along East 58th Ave are designed in a manner that will accommodate showroom, design, service, and amenity oriented businesses and can even serve as heavier office finish and quasi-retail space for certain users.”