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EVENTS CALENDAR
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Sep. 15, 2010
Fortune Castle Gardens Ribbon Cutting
By Invitation Only
www.castlegardensnyc.com
Sep. 28, 2010
Paul Freitag, Managing Director of Development, Jonathan Rose Companies,
Panelist - "National Association of Local Housing Agencies (NALHFA)"
www.nalhfa.org
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Denver Dry Goods Building Mixed-Use Revitalization |
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| GOAL |
To create the first green mixed-use, mixed-income historic restoration of an existing building in a TOD location.
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| CHALLENGE |
Financing the redevelopment.
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| OUTCOME |
Divided the project into separate condominium elements and financed each differently with a total of 23 financing sources.
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The 100-year old Denver Dry Goods Building in downtown Denver closed in 1987 as department stores across the country consolidated and focused on growth in the suburbs. Jonathan Rose Companies created a leasing, financing and organization plan that utilized twenty-three sources of financing to convert this historic building into a mixed-use site that includes: affordable and market-rate rental housing, marketrate condos, offices and three large retail stores occupying the basement, ground and second floors of the building.
This successful redevelopment project completed by Jonathan Rose Companies and its partner, The Denver Urban Renewal Authority, inspired more than twenty other mixed-use/historic renovation projects in downtown Denver.
Green features of the building include its pedestrian and transit oriented locality, insulated glass and façade to improve thermal performance, and large windows that provide day lighting. Residential cooling is supplied by energy efficient evaporative coolers while a digital building management system monitors the rehabilitated and new central chillers that control the commercial space temperatures. The building also features early applications of variable speed motors and other energy saving devices recommended by the Rocky Mountain Institute’s Green Building Program.
The ground floor and basement retail spaces are now being re-tenanted. Tenants such as Aveda are supporting the green mission of the building through the successful integration of green core and shell specifications with green tenant improvements. |
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Firm Role
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Developer
Co-Developer for condominiums with The Denver Urban Renewal Authority
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Project Profile |
Conversion and restoration of an historic building for green mixed-use, including affordable and market-rate condos, office and retail space
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Project Team
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Architect: Urban Design Group
Retail Architect: Klipp
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Total Project Size / Budget |
350,000 square feet / $48 million
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Completion |
Three phases, 1993 - 1999
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Selected Awards |
American Institute of Architects/Committee on the Environment, Top Ten Green Buildings, 1999
National Trust for Historic Pres ervations National Preservation Award, 1995
Ahwahnee Community Livability Award, 1997
Urban Land Institute Award for Excellence, Finalist, 1995, 1996
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