Denver law firm signs
on as first tenant in new
RiNo office building
An under-construction office building in Denver's River North Art District just secured its first tenant — an unusual one for the popular RiNo neighborhood.
OFFICE BUILDING SECURES CONSTRUCTION FINANCING
Schnitzer West and Craft Companies, LLC a Denver-based, multi-directional real estate firm, have secured $76.97 million in funding from Canada’s Otera Capital, for the completion of The Current, River North, a 12-story Class-A office tower development in RiNo.
RINO’S NEWEST BUILDING ANNOUNCED FOR NAIOP
Schnitzer West BREAKS ground on The Current, RIVER NORTH
The development is a partnership between Schnitzer West and Crafts Cos., a Denver-based real estate firm.
Schnitzer West acquired the 34,250-square-foot site to develop an office building for business and retail purposes. The 12-story building will feature two levels of underground parking, three levels of above-grade podium parking and eight floors of office space. The top two floors will offer private amenities for tenants, including Schnitzer West’s signature “great room” working and leisure space and a rooftop terrace. Additional amenities will include ground-level retail, office-building lobby and conference center and bicycle storage.
Moye White will be first large law firm to relocate from downtown to RiNo.
A speculative office building under construction in RiNo has landed its first tenant: a major Denver law firm willing to break the industry mold.
12-story office building breaks ground in RiNo
The project is the first speculative office development to break ground in Denver since the onset of the coronavirus pandemic, according to Newmark Research.
PARTNERSHIP ANNOUNCED IN RINO
“We are excited to partner with Schnitzer West on this significant development,” said Tim Craft, president of Craft Companies. “They have established a strong reputation for delivering best-in-class office buildings with amenities that appeal to today’s workforce. The Current, River North will be the culmination of state-of-the-art architecture, technology and tools to create a place for ultimate productivity, wellness and business success.”
NEW 11-STORY residences-AT-rino starts construction
“We are excited to kick off construction on this exceptional residential offering in one of Denver’s most sought-after neighborhoods,” said Kevin Batchelor, senior managing director, Hines. “With its world-class architecture; balance of amenities and services; and proximity to RiNo’s renowned restaurants, breweries, art galleries and entertainment, Residences at RiNo will set a new standard for apartment living in Denver.”
The 11-story building will feature studio, one- and two-bedroom units from 542 to 1,715 sf, in addition to a limited number of affordable and live/work units. Residences will feature modern kitchens with quartz countertops, designer tile backsplashes and stainless steel appliances, in-unit washers and dryers, electric door locks, matte black fixtures and wood-style flooring throughout. Select units also will have private balconies with mountain and city views.
WHAT OTHERS ARE SAYING about rino
WASHINGTON POST
River North, or RiNo, is a former industrial district that’s grown into its own distinct community known for graffiti-covered facades, punk-rock roots and urban charm. Artists, entrepreneurs and foodies all mix in RiNo, the northwest portion of Five Points — one of Denver’s oldest and most diverse neighborhoods. The stories of RiNo and Five Points are still evolving, which is the best reason to get exploring.
THE NEW YORK TIMES
In the last seven years, Denver’s population has grown by more than 100,000, a boom many new residents credit to the sunny weather, proximity to the Rocky Mountains and density of cultural attractions. With that growth has come not only construction cranes, but also improved transit systems, including a convenient new rail line linking the airport to downtown over 23 miles away…and an explosive culinary scene.
GQ
Now, as you may have heard, Denver is booming. With a burgeoning tech industry and a skyrocketing young population—some pushed out of pricier cities like San Francisco or New York, some lured by the charms of abundant nature and agreeable weather—there’s a palpable sense of energy, with new restaurants (and bars, and dispensaries, and craft breweries) that seem to appear daily.
Nowhere is this truer than RiNo, which, despite the clunky moniker, is the most exciting neighborhood in the city. Short for “River North Art District” (and pronounced like the animal, not the Nevada city), it’s become a vibrant destination for food, drink, art, and street life, and one of the most exciting neighborhoods to book a flight for right now.