Schnitzer West, LLC Selects View Smart Windows for The Current, River North, Office Development in Denver
August 04 2021 - 7:00AM
View, Inc. (NASDAQ: VIEW) (“View”), the leader in smart building
technologies, today announced its smart windows will be installed
at The Current, River North, a 235,000-square-foot, a Class-A
office building designed to promote tenant health, wellbeing and
productivity. The development, a joint venture partnership between
Schnitzer West, LLC and Craft Companies, represents the second View
project for Schnitzer West, following the installation of View
Smart Windows at Civica Cherry Creek, a mixed-use development which
achieved the highest weighted average rent in Denver when it
delivered in 2018.
Schnitzer West and Craft Companies designed The Current, River
North to be an ecosystem of innovation in Denver’s up-and-coming
River North (“RiNo”) Art District. The building features multiple
state-of-the-art amenities, including View Smart Windows, which use
artificial intelligence to automatically adjust to optimize access
to natural light and views of the outdoors while controlling
temperature and glare. The windows not only contribute to the
building’s light-filled and modern aesthetic but will also generate
significant health and wellness benefits for tenants. A recent
study showed that employees working next to View Smart Windows
experienced half as many headaches, slept 37 minutes longer each
night and improved their cognitive function by 42 percent.
“Schnitzer West is driven by our mission to fuel tenant
success,” said Kyle Flippen, Development Manager for the Denver
market at Schnitzer West, LLC. “Our tenants are looking for
world-class amenities that help them to attract, retain and empower
top talent. View Smart Windows do exactly that.”
“Companies are increasingly recognizing the connections between
employee well-being, business outcomes and their built
environment,” notes Sri Venkat, Regional Vice President at View.
“Schnitzer West is at the forefront of a movement to transform
buildings into healthier, smarter experiences that adapt to
occupant needs. We are thrilled to once again partner with this
forward-thinking developer on their mission to accelerate
innovation.”
Schnitzer West purchased The Current, River North site in April
2019 and construction began in May 2021. The building was designed
by Davis Partnership Architects and includes eight floors of office
space, two levels of underground parking and four levels of
above-grade podium parking equipped with car charging stations and
secure bike storage.
The Current, River North sits in the heart of the RiNo
neighborhood, which is only five minutes from the downtown Denver
central business district and poised to become the region’s next
major office hub for developers and tenants. The well-located
property is just three blocks away from the RTD A-Line station and
offers proximity to I-25 and I-70, as well as Denver International
Airport.
About ViewView is the leader in smart building
technologies that transform buildings to improve human health and
experience, reduce energy consumption and carbon emissions, and
generate additional revenue for building owners. View Smart Windows
use artificial intelligence to automatically adjust in response to
the sun, eliminating the need for blinds and increasing access to
natural light. Every View installation includes a cloud-connected
smart building platform that can easily be extended to improve
indoor cellular coverage, enhance building security and reimagine
the occupant experience. View is installed and designed into over
75 million square feet of buildings including offices, hospitals,
airports, educational facilities, hotels and multi-family
residences. For more information, please visit: www.view.com.
About Schnitzer West, LLC Schnitzer West, LLC
is one of the West Coast’s fastest growing real estate investment,
development and property management companies. Founded in 1997 by
managing investment partner Dan Ivanoff of Seattle and Schnitzer
Investment Corp (now MMGL Corp.), the company has built a
successful track record in the commercial and multi-family housing
markets through product innovation, disciplined management and
investment expertise. Known for its commitment to “Outperform the
Expected,” Schnitzer West has earned recognition for creating
innovative workplaces and living spaces, for delivering
superior-to-market returns, and for its value-creation approach to
property management. To date, it has developed in excess of 10.5
million square feet of Class A office and suburban office, flex,
industrial and bio-tech space and luxury multi-family residential
in Seattle and Denver. Additionally, it has acquired and
repositioned approximately 2.8 million square feet of commercial
product. Currently, its Asset Operations group actively manages 5.4
million square feet of office and industrial property for a variety
of clients. Building on its success in the Northwest, Schnitzer
West owns additional properties in Denver and is exploring new
market opportunities across the Western United States. Learn more
at www.schnitzerwest.com.
About Craft CompaniesCraft Companies is a
Colorado-based, multi-directional real estate firm specializing in
project acquisitions, sustainable development and management. A
small, tight-knit team of experienced professionals, Craft creates
healthy, balanced, and sustainable communities through smart
design, diligence and innovation. The company takes pride in its
integrity and the relationships it’s cultivated with stakeholders,
including municipalities, contractors, neighbors and clients. To
learn more about Craft Companies please
visit https://www.craftcompaniesllc.com.
Contacts:
For Investors: Samuel
MeehanIR@View.com408-493-1358
For Media: Tom Nolan, Great
Inktom@greatink.com 908-392-0333
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