Ground Broken For 40-Story Office Tower In Downtown Denver

Courtesy: Hines

A real estate firm broke ground Tuesday for what could become one of the tallest buildings in Denver.

Hines is planning the 40-story building, dubbed 1144 Fifteenth, between Arapahoe and Lawrence streets. 

"We are very excited about introducing this new icon to the Denver skyline," said Jay Despard, Hines managing director.

Architectural firm Pickard Chilton will design the building.Courtesy: Hines

There is no anchor tenant for the 662,000 square foot building. Hines officials say that shows the confidence they have in the Denver market. 

Sam Depizzol, with the real estate firm CBRE, says the location is the best in Denver. He adds many of Denver’s high rises are decades old, creating pent up demand for new product.