Interior photo of staircase in 225 Canyon

VENTURES

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225 Canyon Boulder, Colorado

Through a creative and imaginative restoration that focuses on spatial experience and the surrounding natural setting, Meriwether was able to secure tenant lease rates 50% higher than neighboring properties.

Meriwether has built a real estate company whose core competency is creating Experience traditionally in hospitality and resort environments. Testing the thesis that Meriwether could leverage its expertise in creating Experience in other real estate product types, in January 2015 Meriwether acquired its first office project at 225 Canyon. Office workspace is a natural extension of our capabilities as the trending design focus is now on the overall experience of existing in a space - working individually, and together in both small groups and large. Spaces need to evolve, convert and be highly functional. In short office is becoming about the Experience.

225 Canyon was a 4,500 square foot rundown office building well located amongst a terrific natural setting but in a somewhat forgotten section of Boulder surrounded by ‘70s and ‘80s style buildings. Defined by rents in immediately adjacent buildings ranging from $9.00NNN to $12.00NNN, over a four month period Meriwether performed a complete makeover of the building, creatively adding a below grade outdoor gathering area to energize previously forgotten below grade office space. Within one month of starting the renovation, armed with renderings of the vision for the experience Meriwether signed a 5 year lease more than 50% higher than our neighbors.

Project Details

Type:
Commercial Office
Status:
Ongoing Project
Quote from Partner Noah Hahn - There is an undeniable trend whereby office spaces need to be more than four walls and rows of cubicles. Companies, to attract talent, are demanding spaces that engender collaboration and creativity.
225 Canyon logo
Photo of exterior of 225 Canyon
Photo of exterior of 225 Canyon
Photo of interior of 225 Canyon
Workplace environments, particularly in lifestyle markets such as Boulder, need design aesthetics that naturally energize and foster inspiration.
Exterior photo before renovation
BEFORE
Exterior photo after renovation
AFTER
Interior photo before renovation
BEFORE
Interior photo after renovation
AFTER
Interior photo before renovation
BEFORE
Interior photo after renovation
AFTER
Interior photo before renovation
BEFORE
Interior photo after renovation
AFTER
Interior photo before renovation
BEFORE
Interior photo after renovation
AFTER
Interior photo before renovation
BEFORE
Interior photo after renovation
AFTER