A 12-story International style structure, that has served as the Denver headquarters for the telecommunications company Century Link, will soon be seeing extensive renovations in the wake of its sale.
The building at 930 15th Street was purchased last month by an entity owned by the San Francisco-based Steel Wave for $22.5 million.
Steel Wave is a multi-family, commercial and mixed-use real estate management company.
The company is undertaking the project in conjunction with Rialto Capital Management of Miami.
Work on the 225,000 square foot structure will see an update to its exterior, as well as the building of new lobby space with a café, lounge, and bar.
Also included in the renovation will be a new fitness center, which will be built in a rooftop terrace setting, as well as a floor-to-ceiling glass curtain wall system.
Renovation designer is Gensler Architect, which has offices in Denver.
Built in 1960 by the Mountain States Telephone and Telegraph Company as a 5-story structure, another seven stories were added to the building by 1966.
Besides Century Link, the structure for decades served as the offices for a variety of companies and non-profits.
By Garry Boulard
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