The 388,010-square-foot (36,047-square-meter) mixed-use project known as 16 Market Square is located between a 1980s urban renewal district and the revitalized Lower Downtown (LoDo) area. The building contains three levels of underground parking, 183,860 square feet (17,080 square meters) of Class AA office space on five floors, 23,498 square feet (2,183 square meters) of neighborhood shops and services, and 23 penthouse condominiums on the top two stories. It is the largest mixed-use commercial construction project in LoDo in the past 15 years. The developer, Continuum Partners, chose to build its first project on vacant parcels near a public transportation hub and within walking distance of major public venues such as Coors Field and the Pepsi Center. Continuum Partners, which owns 16 Market Square, provided its own equity during the financing and sees the project as a long-term investment. An unusual but effective leasing strategy allowed the office tenants to design interiors to their specifications. The building’s sympathetic facade and a significant emphasis on high-quality streetscape design combine to create a pleasant pedestrian experience.

Date Completed:
Case Study/Profile Type: DCS
Website: http://http://www.continuumpartners.com/projects/16Market.html
World Region: North America
Developer(s): Continuum Partners LLC
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Designer(s): Hartman Cox Architects, QPK Design, David Owen Tryba Architects
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