Construction is set to begin next week on the redevelopment of a former Samsonite warehouse building by Streech Properties. The 210,000 square foot warehouse sits on 18 acres fronting I-70 and 45th Avenue just west of Peoria Street in Denver. The property was acquired in late December and is being retrofitted to accommodate the Denver home of Lincoln Technical Institute (LTI). LTI is a division of the publically traded Lincoln Educational Services Corporation (LINC:Nasdaq) of West Orange New Jersey. The construction plans serve to reconfigure the building from a warehouse to an industrial trade school serving Denver’s skilled trade community. The school is planned to open for students in the 2011-2012 school year. Panattoni Construction Inc. is providing general contracting services for Streech Properties who serves as the project’s developer.
Web:
Lincoln: www.lincolnedu.com
Panattoni: www.panconinc.com