Forest City Stapleton debuts one of Denver’s largest transit-oriented developments
Central Park Station One, 190,000 Square Foot, Class AA Office, Kicks Off a 4-Million-Square-Foot Mixed-Use Multi-Modal Stapleton Development
Newmark Knight Frank (NKF) announces the launching of the 4-million-square-foot mixed-use development at Central Park Station by Forest City Realty Trust (FCRT), one of the nation's leading mixed-use place makers. The project kicks off next spring with Central Park Station One, a 190,000-square-foot Class AA mixed-use office building, as well as a 300-unit multifamily rental project, a 120-unit condominium project and 60,000 square feet of retail space, all integrated around an expansive public plaza. Forest City’s Denver regional office, Forest City Stapleton, selected NKF’s Vice Chairman Tim Harrington, Executive Managing Directors Mike Wafer, SIOR, and Alan Polacsek, and Associate Eddie Kane to handle the leasing and marketing of Central Park Station One.
“Central Park Station One satisfies a need for attainable Class AA space for corporate, office and campus users,” commented Harrington. “Further, Forest City Stapleton’s ongoing intent to deliver the ultimate business-lifestyle community is evident in features that include outdoor collaboration space, an expansive public plaza, terraces, balconies and a rooftop deck.”
Steps from the Central Park Station RTD A-line platform, at the corner of E. 37th Place and Uinta Street – off Central Park Boulevard, Central Park Station One offers a fifteen-minute commute to Denver Union Station or 20 minutes to DIA, ready access to major highways and a leisurely bike ride within the vibrant Stapleton community. Tenant and worker gratification is top of mind in this premium urban setting, integrated with superior access, housing and amenities, allowing for a vibrant, yet personable, way of life unique to the Stapleton environment.
“Forest City Stapleton is pleased to promote Central Park Station One as Denver’s new business location,” added Forest City Senior Vice President Jim Chrisman. “Central Park Station One is designed as a unique environment for businesses offering significant opportunity for expansion, in an optimal central location and amenity-rich environment with excellent access to multiple modes of transportation and to the metropolitan area’s work force.”
The masterplan for Forest City Stapleton’s Central Park Station TOD includes 4 million square feet over 70 total acres, with office, residential, and retail components including over 1,000 units of multifamily rental housing product, 400 condominium units and a 120-room hotel. Additional amenities for Central Park Station One include a large 3.5/1,000-square-foot parking ratio with covered parking and electric car charging stations, showers and lockers, and acres of walking and bike trails.
“Employers can leverage the population of the Stapleton community and the highly educated resident labor pool,” added Harrington. “Stapleton was designed to appeal to the workforce of the future who will value the community’s access, amenities, housing and hospitality choices. It’s bigger than you thought and more connected than you imagined,” he concluded.
Located on the site of Denver’s former international airport, Stapleton is one of the largest urban redevelopments in the United States. Stapleton’s central location features access to multiple modes of transportation and amenities that position it to become one of the region’s premier business centers. The core objective of the community plan is to create a living example of progressive, sustainable neighborhood design. With a walkable mix of energy-efficient new homes, retail districts, schools, offices and an extensive network of parks and open spaces, Stapleton is not only leading the way environmentally but economically and socially, too. The community is being developed by Forest City Realty Trust, Inc. Connect – Please follow Stapleton Denver on Facebook, Twitter, YouTube, LinkedIn, Pinterest and Instagram.
About Forest City
Forest City Realty Trust (FCRT) is an NYSE-listed national leader in mixed-use placemaking with $8.2 billion in total assets. The company is principally engaged in the ownership, development, management and acquisition of commercial and residential real estate and land throughout the United States.
About Newmark Knight Frank
Newmark Knight Frank (NKF) is one of the world's leading commercial real estate advisory firms. NKF's full-service platform comprises BGC's real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC's common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit www.bgcpartners.com.