After Displacing Biker Gang, Steam On The Platte Lures New Tech Company
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A California technology company is expanding its Denver presence and has agreed to lease 16K SF at Steam on the Platte.
Fivetran expects to expand its Denver team from 40 employees to more than 150 in the next three years. Fivetran technology supports analytics, enabling data-backed decisions across organizations. Headquartered in Oakland, the company has satellite offices around the world.
The Denver/Boulder region added more than 25,000 tech jobs over the past five years, surpassing the tech talent produced from local universities by 6,500, according to CBRE's annual Scoring Tech Talent report, which ranks 50 U.S. and Canadian markets according to their ability to attract and grow tech talent. Metro Denver moved up two spots this year to No. 8.
Steam on the Platte is a 65K SF former warehouse at 1401 Zuni St. that has been converted into office space in Denver’s Sun Valley neighborhood. Fivetran joins tenants that include technology consulting company NIMBL, Luckyleo Dancewear, Lyft and Shyft Events.
Urban Ventures and White Construction Group acquired the property in 2014. The site, originally settled by Russian-Jewish immigrants in the 1880s, once had 25 homes and several businesses on it. It housed the Johnson and Bremer Soap Factory and a rag-baling facility. When Urban Ventures and White Construction purchased the property, there were two illegal marijuana grows operating, and the Evil Souls motorcycle gang had taken over one of the buildings as its clubhouse.