Hyde Development and Mortenson will develop 2.2M SF of industrial space at E-470 and 64th Avenue in Aurora. Just south of Denver International Airport and east of the Gaylord Rockies Resort, the 125-acre site will be called HighPoint Logistics Park.
The team “immediately” saw the vision of the neighboring landowners and the city of Aurora, which is hoping to guide the area into a vibrant mixed-use district of retail, entertainment and housing, said Gene Hodge, Mortenson Denver Operating Group vice president and general manager.
When asked why this location would be attractive for industrial tenants, Hyde Development President Paul Hyde said his answer would have been different two or three years ago.
“We’ve seen a new openness and demand from tenants for locations that are alternate to the traditional I-70 industrial submarket,” he said. “That’s opened our eyes to look for other options.”
