An out-of-state developer’s proposal to erect the sixth-tallest building in Denver has added a couple dozen more feet while losing a few floors.
South Carolina-based Greystar submitted a formal site development plan last week for its proposed project at 650 17th St., on the corner of 17th and California streets.
Greystar submitted an initial concept plan for the project back in February. Site development plans are a more detailed document, and must be submitted and approved before a project can be built.
Greystar’s concept plan called for a 47-story structure that would be 573 feet tall. Those figures shift in the latest development proposal, to 44 stories and 596 feet.
If constructed, the structure would take the No. 6 spot on the list of the city’s tallest buildings. Currently in that spot is the 1999 Broadway office building, at 545 feet. In the No. 5 spot is the 1144 Fifteenth office building, at 617 feet.
Greystar’s latest proposal calls for 339 apartments and 406 parking spaces. There would be 500,000 square feet of residential space. The plans don’t show any ground-floor retail space.
Greystar didn’t respond to a request for comment by press time. The firm is one of the country’s largest landlords, and has developed numerous projects in the Denver area, although none on this scale.
The latest submission does not include new renderings of the project. Houston-based Ziegler Cooper Architects is the architect listed on the project plans.
The 0.57-acre corner lot is currently used for parking. It is owned by Massachusetts-based Harbinger Development, which paid $17.5 million for it in 2019. Harbinger put the property back on the market last year. Firm head Eamon O’Marah didn’t respond to a request for comment Tuesday.
The two largest projects currently under construction downtown are Chicago-based Riverside Investment & Development Co.’s 1900 Lawrence office tower and Canadian firm Amacon’s two-tower condo complex at Broadway and Glenarm. Both will be about 400 feet, ranking them about No. 20 on the tallest building list.
But Greystar could have some competition as it seeks to alter the skyline. Denver-based AIR Communities has proposed a 53-story, 596-foot apartment building in the 1600 block of Champa Street. That project is still in the concept plan phase.