Colorado-Real-Estate-Journal_421038

Page 8 - September 18-October 1, 2024 www.crej.com INSIDE F rom the constructionof tene- ments in the 1800s to thehigh- rise steeland concrete luxury residential towersbuilt today, for-renthousinghas comea longway.Butone constant is the useofwood tobuild rentalhous- ing.Over theyears,architectsand engineershavepushed the limitsof whatwood cando,and theadoption of the 2015 InternationalBuilding Codeallows this to continue. Not everyone ishappy though. Therehasbeen some recentback- lashabout thenumberof four-and five-storywood-frameapartments impactingDenver’sdowntown.With continueddemand forhousing,esca- lating construction pricesand theabil- ity toachieve even higherdensities under the recent IBC,wedon’tantic- ipate thenumber ofnewwood-frame buildingsadded to theDenver land- scapewilldimin- ish. Themost sig- nificantbenefit thenew IBCoffers wood-frame construction is the ability todesignapodiumbuilding basedon theoverallbuildingheight. Podiumbuildingswillno longer be restricted toonlyone levelof podium structurebelow thepodium deck. This givesdesigners theability to designa seven-story,midrisebuild- ingwith five levelsofwood-frame constructionover two levelsof con- cretepodium –allabove grade.With thisadditionalabove-grade levelof concrete, the flexibilityandoppor- tunities to increasedensity, reduce costorbothbecomepossible. Options includepulling the tra- ditionalbelow-grade levelparking outof the ground to save the costof building subterranean,which is typi- cal in traditionalpodiumdesigns. Anotheroptionwouldbe to leave the subterraneanparking,which allowsanadditional levelof residen- tialunitswithin the concretepor- tionof the structure, thus increasing density.Bothoptionswill change how thedesignworldand residen- tialdevelopers lookat thepotential ofa site. When evaluatinganapartment site,adeveloper typically considers fourwood-frameapartmentdesigns: PAGE12 PAGE24 PAGE18 Photography©BradNicol The2015 InternationalBuildingCodeofferswood-frame construction theability todesignapodiumbuildingbasedon theoverallbuildingheight.Podiumbuildingswillno longerbe restricted to only one level of podium structure below the podium deck. PleaseseePage24 October 2015 New wood-frame codes allow for more flexibility NathanSciarra, AIA Studio director, KTGYArchitecture + Planning,Denver 1536 Cole Blvd., Building 4, Suite 300, Lakewood, CO 80401 | 303-623-1148 | www.crej.com Jon Stern Publisher & Founder x 101 jstern@crej.com All rights reserved. No part of this publication may be stored, reproduced, or transmitted in any form or by any means without the publisher’s prior written permission. All contributed articles published in the Colorado Real Estate Journal represent solely the individual opinions of the writers, and not those of the Colorado Real Estate Journal. REPORT AN ERROR IMMEDIATELY (ISSN 1060-4383) Vol. 33 No. 18 www.crej.com EDITORIAL CONSULTANT: Jill Jamieson-Nichols PRODUCTION/GRAPHIC DESIGN: Heather Lewis ext.108 hlewis@crej.com CREJ CONFERENCE SERIES: Jon Stern ext.101 jstern@crej.com ADVERTISING: Lori Golightly ext.102 lgolightly@crej.com CUSTOMER SERVICE: Jolene Wollett ext.103 jwollett@crej.com EDITORIAL Avalon Jacka, Reporter Sales, Lease and New Development Projects: Office, Industrial, Multifamily, Retail, Health Care, Senior Housing, Hotel, Land Finance Transactions ext.107, ajacka@crej.com Kris Stern Associate Quarterlies Publisher: Office & Industrial Properties, Retail Properties, Multifamily Properties, Property Management, Health Care, Senior & Life Sciences Editor: Construction, Design & Engineering News; Property Management News; Who’s News; and Expert Articles, including Law, Accounting and Finance Publisher: Building Dialogue ext. 109, kostern@crej.com MARKETING Lori Golightly, Director of Client Services Advertising: Print & Digital Conferences: Exhibitor/Sponsor Information ext. 102, lgolightly@crej.com Avenue and Interstate 25 and the light-rail station at West 10th Avenue and Osage Street. The buyer, a recording stu- dio and school, was attracted to the property because of the configuration and buildout as a multimedia studio. The building featured significant soundproofing and acousti- cal treatments that provided value to the buyer, Rudd said. n LITTLETON – A new ten- ant has leased a dental office space near the Ken Caryl neighborhood. Steven J Krendl PC leased the 3,001-sf space at 10789 Brad- ford Road, Suite 100, from landlord Emery Real Estate Hold- ing Co. LLC. The new ten- ant will con- tinue to use the space as a dental office. The new tenant will perform some minor tenant improvements prior to move- in, with access beginning in November. The 63-month lease will commence in Janu- ary. Phillip Redmond of Carr represented the tenant in the lease. Ed Regel of Regel & Associates LLC represented the landlord. n PUEBLO – A home speech, physical and occupa- tional therapy provider has leased a new office space in the Vectra Bank Building. About Kids Home Care LLC leased a 2,767-sf space in the building at 200 W. First St. from landlord Zions Bancor- pration NA, doing business as Vectra Bank Colorado. Taylor Stamp of Quantum Commercial Group Inc. represent ed the landlord, while the tenant was unrepresent- ed. About Kids offers a vari- ety of therapies and skilled nursing services in multiple settings, including in home, in clinic and virtually. Stamp also facilitated a 250- sf lease in the Vectra Bank Building with tenant Twin- rocks Inc., an architecture and interior design firm, on behalf of the landlord. The tenant did not have a representative. n METRO DENVER – Trev- ey Commercial Real Estate brokered two office leases in the south Denver metro area. Trevey’s Tommy Daher rep- resented both tenants in the leases. R e c o v e r y Collectibles signed a long- term lease for a 2,628-sf space in the Colorado State Bank & Trust Building at 19201 E. Main- street in Parker. The lease began in September. Justin Rayburn of Fountainhead Commercial represented landlord BOKF NA. Recovery Collectibles is a resource for all recovery- related collectible 12-step- related items, according to a statement from Trevey. The group specializes in provid- ing quality collectible books in a “vault” that contains the largest collection of Alcoholics Anonymous Big Books ever assembled, the statement said. Playing Possum Clothing Co. leased 1,936 sf of office space in the Foxridge Profes- sional Plaza, located at 8120 S. Holly St. in Centennial. The new space is nearly 2 1/2 times the size of Playing Possum’s current 793-sf space in Park- er. The lease will commence in November. Luke Myles of Cushman & Wakefield repre- sented the landlord, Foxhole Ventures LLC. Playing Possum Clothing Co. sells sensory-friendly clothing and accessories with original, artists-made designs, a statement from Trevey said. s Sante Fe Continued from Page 6 Phillip Redmond Ed Regel Taylor Stamp Tommy Daher Playing Possum Clothing Co. leased 1,936 square feet of office space at 8120 S. Holly St. Recovery Collectibles signed a long-term lease for a 2,628-square-foot space at 19201 E. Mainstreet.