LOTS OF WORK ON THE INSIDE

General contractor HITT is the new kid on the block in Denver (despite having done projects here for more than a decade). And while new to the Mile-High City (it opened here in February), the firm's Kevin Ott (who has lived here for more than 20 years) says he’s seeing a lot of demand for interiors work as tenants still enjoy strong TI allowances, especially with renewals: "The market is better than it has been, but it’s still not anywhere near where it was in 2005 and 2006," Kevin says. “A lot of it is people threatening to move, and then they get a concession."
HITT just completed design and construction management on an $80M data centerfor the Department of State at the Federal Center. Its current list of projects includes interior design on a T-Mobile switch center and interior renovations for the SEC offices. The activity is enough to give Kevin hope for Denver’s future, despite macroeconomic headwinds (like the gale-force European debt ones). “I’m always concerned. But everybody I talk to seems to think that 2013 and 2014 are going to be great years for the commercial interiors space,” he says.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Denver Newsletters
Related Stories

Mountain Developers Look To Mobile Homes, Deed Restrictions For Affordability Solutions

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Developer Seeks Permit For Denver Energy Center Conversion Project

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Fertility Provider Opens Clinic At 1900 Lawrence Office Tower: The Denver Deal Sheet

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Lender Requests Receiver For X Denver Apartment Building Near Coors Field

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

The Difference Between Service And Hospitality That Makes A Flexible Workspace A Success

Beyond The Boom: How Miami's CRE Market Continues To Be Resilient