Denver-based Confluent Development
has received the Innovative Project of the Year Award from NAIOP Colorado for its work on The LAB office building at 17th and Platte Streets.
The LAB is a 78,000-square-foot office building with first-floor retail and covered parking. The project, which is pursuing LEED certification, was sold immediately after its completion last summer and is fully leased to WeWork Communities
"It is an incredible honor to earn this award," says Marshall Burton, president and CEO of Confluent, which teamed up with Brue Capital Partners
on the project. "The LAB is a prime example of the success that can be achieved by local partnerships. Being selected from the many industry leaders means a great deal, and we are proud to have helped make this project a reality."
Confluent recognized the value of the re-emerging Platte Street neighborhood, a location many developers viewed as too far removed from the downtown core for it to be successful. Through developments such as The LAB, the neighborhood has become a preferred location for young professionals. The project provides pet-friendly space with nearby amenities, including fitness studios, dining and pedestrian access to light rail, parks and trails.
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