News

March 11, 2014

Development in Greenwood Village

From the Greenwood Village Newsletter

Enhancing the Quality of Life of the Community

Development in Greenwood Village

New Medical Building Coming to GV in 2014

The high quality business environment of Greenwood Village continues to be a driving factor for companies to locate and expand their operations in the Village.

“Our Village is one of the most beautiful cities in Colorado, and people want to live and work here,” added Mayor Rakowsky. “We continue to see positive shifts in our businesses community with new retail stores and restaurants, business expansions, and corporate relocations which are excellent indicators that our Village economy is improving.”
In April 2013, the City Council approved the development of the Landmark Medical Center at 5351 South Roslyn Street. The new three-story building, owned by Resolute Investments, Inc., will include 33,282 square feet of Class A Office space (the highest rating category used in evaluating commercial office properties) with 150 parking spaces and a covered patient drop-off and pick-up area. Resolute Investment’s owner, Gary Rohr, chose the Greenwood Village location because of his appreciation as a resident and business owner of the Village.

“I know the city well and have always had a positive interaction with them,” said Gary Rohr, Owner, Resolute Investments, Inc. “The location is second to none when it comes to amenities, views, access to I-25, situated between two light rail stops, and has strong demographics.”

Prior to Resolute purchasing the property in 2011, the property consisted of a three-story office building that was functionally obsolescent. Resolute’s new development will be a great improvement over the initial building situated on the property and will enhance the aesthetics of the business area.

“We studied the market and the surrounding commercial properties and came to the conclusion that there is a need for new Class A Medical Office space in Greenwood Village,” added Rohr. “We designed a sustainable Class A medical office building on the site that has received positive reaction from the medical community.”

Demolition of the existing building on the site was completed in November. Construction of the new building will begin in December with a completion date of August 2014. It is anticipated that there will be four to six companies in the building, some of which are expanding or opening a new location while others are relocating from other office buildings. Tenant activity for suites in the building is high but space is still available.

“Greenwood Village is pleased Resolute Investments, Inc. chose our beautiful city of Greenwood Village as their new location for the Landmark Medical Center,” said Mayor Ron Rakowsky. “Our appreciation goes to Gary Rohr for making a significant investment in our community with the development of this state-of-the art building. We are here to work with them and any other company and project so they are successful and our community continues to prosper.”

For more information about the Landmark Medical Center or questions related to development in Greenwood Village, please call Community Development at 303-486-5773. For more information about relocating your business to the Village, please call the City Manager’s Office at 303-486-5745.

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