Description

JLL Capital Markets is pleased to present Kennedy Center, a 7.43-acre (323,651 SF) infill multifamily development assemblage in South Denver. Zoned B-3 (Business District), the zoning allows multifamily and townhome development by right, offering buyers a clear and administrative entitlement path. The site sits across the street from Kennedy Golf Course, which is set for $30 million dollars in improvements across the driving range and club house. Within close proximity to the Denver Tech Center employment base, the site provides a well positioned platform to deliver new rental supply in a renter dominated submarket.

The site is currently improved with office space, and all leases include a demolition clause permitting the landlord to terminate for redevelopment or demolition with 180 days' written notice.

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Attributes

Land Area

7.43 Acres | 323,651 SF

City and County

Denver

Zoning

B-3 (Business District)

Mill Levy

79.602

Qualified Census Tract

Yes

Current Use of Land

Office (3 Buildings)

Building (Parcel 1)

34,031 SF | Built: 1980

Building (Parcel 2)

34,031 SF | Built: 1981

Building (Parcel 3)

34,031 SF | Built: 1982

Lease Termination Rights

Yes

Media

Investment Highlights

Multifamily Use-By-Right

Residential and multifamily uses are allowed by-right within the B-3 zoning designation.

Infill South Denver Location

A 7.43-acre (323,651 SF) infill site at 10200 E Girard Avenue offers a well located development parcel in an established South Denver submarket.

Young Renter Base

Within the 1-mile trade area, renters occupy 73.1% of housing units and the median age is just 33.7. This presents a deep, young rental base supporting demand for future housing.

Denver Tech Center Market & Job Engine

The Denver Tech Center hosts 1,000+ companies and 35,000+ workers. As of Q2 2026, Denver Tech Center posted the lowest vacancy across 50+ unit apartment properties at 4.42% (Down 139 bps QoQ).

Transportation Infrastructure

Kennedy Center is directly adjacent to the E Hampden Ave Multimodal Improvements, currently under construction to enhance facilities for vehicles, transit, cyclists, and pedestrians; strengthening the area's connectivity and transit reliability.