Gen II Is Latest Tenant At New Belleview Station Building With 73K SF
Gen II, a private equity fund administrator, leased 73K SF in one of the Denver area's newest office buildings, at 6900 Layton Ave.
The company will move from its existing space just across Interstate 25 from the new building, with plans to establish the new location as a "western hub," according to the Denver Business Journal.
The new space will accommodate 400 employees, providing ample room for Gen II to grow its current staff of 100. The company began looking for new space after its 2021 acquisition of Denver-based Stone Pine Accounting Services.
Gen II Chief Administrative Officer Matt Luongo told the DBJ that the firm cast a wide net in its search for a new Denver home and “happened to fall upon this Class-A space that's right across the street. Even though it's across the highway, it does feel like it's a completely different area. They're really trying to make this a community."
Gen II joins tenants Newmont Mining Corp., SSR Mining, LogistiCare, Movdivcare, Western Union and DCP Midstream in the new building, part of the master-planned development known as Belleview Station.
The larger project includes retail and multifamily space as well.
About 83% of the 103K SF of retail are occupied, according to a recent DBJ article that outlines a proposal for two new residential towers.
Existing apartments at the site are fully leased, and Trammell Crow Residential is building a 250-unit luxury apartment tower at 4882 South Newport St.
Master developer Front Range Land & Development Co. said it will sell one of its last remaining lots to a vertical developer and work with them to bring 705 units and a 25K SF grocery store to the community. Kimpton Hotels & Restaurants plans to open a 19-story, 190-room hotel in Belleview Station in 2024.
As build-out on the 51-acre master-planned site continues, a plan to solve traffic congestion issues at I-25 and Belleview is at a standstill, according to a July 27 article in The Villager.