Construction Begins on T3 RiNo
(DENVER) – McCaffery, Ivanhoé Cambridge and Hines kick-off construction on T3 RiNo, which is being developed into a six-story, 238,726-square-foot T3 (Timber, Transit and Technology) office building, and will be one of the most environmentally friendly and sustainable developments in Denver.
Conveniently located one mile north of downtown, the River North Art District (RiNo) is home to Denver's creative hub with artisans, painters, photographers, designers, filmmakers, architects and tech firms. RiNo combines the city's most progressive exhibition spaces with its most dynamic live and workspaces.
"McCaffery is delighted to expand our expertise into the Denver market and the dynamic RiNo neighborhood with these exceptional partners,” added Dan McCaffery, CEO McCaffery Interests. “We look forward to working with the City of Denver on this and more projects in the future.”
“T3 RiNo will connect its community to the unifying effects of technology, to the warmth of timber, and to the accessibility of transit – helping our tenant partners propel their talent,” said Charlie Musgrave, Senior Director, Office Leasing at Ivanhoé Cambridge. “We celebrate this milestone with our partners in Denver's most dynamic neighborhood, solidifying our commitment to enhancing the office experience through to an elevated suite of amenities and transforming built environment.”
Designed by Pickard Chilton Architects and DLR Group, T3 RiNo will feature a refined industrial, heavy-timber-structured design incorporating art to pay homage to both Denver’s historic brick and timber buildings and to the city’s vibrant and rapidly evolving art district. Designed for collaboration and work/life balance, T3 RiNo will offer an exceptional complement of amenities including common, hospitality-driven social areas; large, outdoor private tenant terraces on each floor; a modern fitness facility and bicycle facility; advanced air filtration at the building to meet industry wellness standards; 17,000 square feet of retail space and unparalleled accessibility with a connection to the RTD commuter rail system—which serves Denver International Airport and Denver’s Union Station Transit Hub.
“Hines is thrilled to bring the T3 brand to Denver,” said Alexandra Morton, Project Manager at Hines. “T3 RiNo will create an undeniably unique experience for its users. Its thoughtfully crafted and timeless design represents the perfect intersection of a refined industrial feel with state-of-the-art amenities and building systems that employees flock to in today’s market.”
T3 RiNo is expected to be completed in Fall of 2023. For more information, visit http://www.t3rino.com/.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 255 cities in 27 countries. Hines oversees investment assets under management totaling approximately $83.6 billion¹. In addition, Hines provides third-party property-level services to more than 367 properties totaling 138.3 million square feet. Historically, Hines has developed, redeveloped or acquired approximately 1,486 properties, totaling over 492 million square feet. The firm currently has more than 171 developments underway around the world. With extensive experience in investments across the risk spectrum and all property types, and a foundational commitment to ESG, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information. ¹Includes both the global Hines organization as well as RIA AUM as of June 30, 2021.
About Ivanhoé Cambridge
Ivanhoé Cambridge develops and invests in high-quality real estate properties, projects and companies that are shaping the urban fabric in dynamic cities around the world. It does so responsibly, with a long-term view to generate optimal, risk-adjusted returns. Ivanhoé Cambridge is committed to creating living spaces that foster the well-being of people and communities, while reducing its environmental footprint.
Vertically integrated in Canada, Ivanhoé Cambridge invests internationally alongside strategic partners and major real estate funds that are leaders in their markets. Through subsidiaries and partnerships, the Company holds interests in more than 1,100 buildings, primarily in the industrial and logistics, office, residential and retail sectors. Ivanhoé Cambridge held close to C$60.4 billion in real estate assets as at December 31, 2020 and is a real estate subsidiary of the Caisse de dépôt et placement du Québec (cdpq.com), a global investment group. For more information: ivanhoecambridge.com.
McCaffery is a privately owned, full-service commercial real estate company that has been in the business of investing, developing, leasing and managing real estate for nearly 30 years. The McCaffery portfolio of planned, completed and managed projects includes office, mixed-use, hotel, and residential properties, as well as large master-planned communities and land developments. With offices in Chicago, Greater Washington, DC, Pittsburgh and Denver, and controlled assets and completed developments valued in excess of $3 billion, McCaffery is one of the most trusted real estate companies in the nation. Please visit www.McCafferyInc.com for more information.