DenverInfill Blog

I hope that we will see an updated rendering soon!
 

what is the official height of the building? and this building is planned to be built right next to the four seasons is it possible for these two buildings to go up at the same time and also the spire, embassy? Is it possible for the city to have so much going on on the 14th street corridor at once.
Another thing will this be the 5th tallest in denver?
 

I still feel like its a wayz off but this seems like a great step forward!
 

Anon 10:51, try the tallest building in Denver.
 

I can't wait to see the crains and the buildings going vertical!!

Quick question... what ever happened to city house located in the central platte valley? Is it still scheduled to start construction this summer?
 

I could be wrong anon 10:51, but I think 1401 will be slightly taller than the Four Seasons, making it the 4th tallest in Denver.
 

I believe I read earlier this year that 1401 Lawrence had a PLANNED height of 550 feet, making it the 5th tallest (assuming Four Seasons is built). I think Ken might be able to confirm this?
 

It will be if built the tallest residential tower by far. I think almost 150ft taller than the Spire.
 

Kcollins, they're still working on it.
 

Can someone explain how this sales office thing works? Why are they building this where the tower is going to go... Why not put it somewhere else (in an already existing building for example) and not waste the time putting this up, and start the construction of the ACTUAL building sooner?
 

Its probably the case that if a certain # of units aren't sold before construction then no building. Slapping a double wide down on land they already own is probably cheaper than renting.
 

If they're that unsure of sales though, they probably wouldn't even plan the building. Take Spire, for instance. They've already started construction, but have neither a sales center or pricing and floorplan info on their site yet.
 

I dissagree, if you remember earlier blogs you would recall that they are commited to building a tower in denver. unlike some others, Ken whats up with Mr. Chump, oops, I mean the donald
 

I think they probably do have to sell/take deposits on a certain number of units before a bank will make a construction loan. Unless they are able to put up money themeselves or have obtained funding from a "non-traditional" source. The only way they are going to sell units pre-construction is with a building plan and a sales center. I have lived in Denver long enough to know that there have been several large buildings that have reached the design stage and remain in that stage indefinitly.
 

ANON 5:20
one only has to look @ the Spire development. No pre-selling or deposits on any units until ~1 year prior to completion; that's according to RMN story on 5.15.07. Glass House also took this approach.
 

I happen to be directly involved with Teatro and 1401, and indirectly with the Spire.
I can tell you these facts; make of them what you will:
- 1401 is tentatively scheduled to begin construction Spring 2008. It will take at least two years to build.
- Teatro is scheduled to start Fall 2007 and will probably be more like 18 months to build.
- 1401 and Teatro both have, to varying degrees, pre-sales requirements. That being said, as of THIS MOMENT, Teatro is probably 80-90% likely to go, while 1401, having a further off start date, is probably 60% likely at best.
- The Spire costs considerably less to build per SF, and will sell for less per SF, than either of the other two. It's just a different product aimed at a different audience. I'm sure the lesser $/SF to build helps minimize the need for pre-sales.
- Teatro has 45 above-ground reular floors, plus three smaller "lantern decks". It is currently designed to top out at 562'-5" to the top of the highest lantern level, with the spire extending above that to 635'-9".
- 1401 has 51 occupiable levels above street level, plus a double-height mechanical level above those, and is currently 587'-3" from street level to the roof over the mech. level.
 

I saw them in there doing something today. Is it an early start?
 

I believe the reason the Spire and Glass House were able to begin construction prior to sales is due to the initial financing being structured for apartments rather than condos.