New Tower in Downtown Denver?
Davis Partnership, a well known local architectural firm, has put together the following video to help explain the 1,000 foot tall tower intended for 1650 17th Street:
Mike Ursini is the developer behind this concept. John Rebchook, with the Colorado Real Estate Journal, has put together some great information with more details in this article:
It stands to reason, that a low unemployment rate has a correlation to higher lease rates. As of July 2017, the Bureau of Labor Statistics reports the Colorado unemployment rate at 2.4%. This is well below the national average of 4.6%.
Feel free to contact me directly with questions regarding office lease rates in Colorado.
* Information provided from 3Q 2017 Market Trends© by Xceligent, Inc All Rights Reserved.
* Direct Weighted Average Asking Rates (FSG)