Greenstreet Ltd. — Development, Brokerage, Consulting

Lowry

Project Details

Lowry is a 1,866-acre mixed-use brownfield redevelopment on the site of the former Lowry Air Force Base in the center of metropolitan Denver. At Completion, Lowry will feature approximately 4,500 new homes and 86 acres of commercial uses— including 1.8 million square feet of new office space and 130,000 square feet of retail space—as well as an educational campus and 800 acres of open space and recreational uses. Lowry has accomplished its goal of becoming an economic generator for the region. Despite challenges inherent in the brownfield site, which included asbestos contamination, home prices and absorption rates within Lowry have consistently doubled that of the Denver market. The community, which has moved faster from closing to reuse than any other U.S. military facility, is a national model for base reuse.

McStain Neighborhoods was a merchant builder in the redevelopment and completed 103 single-family homes. As a principal, Jeff Kingsbury’s role was in product development, sales and marketing strategy and coordination of remediation efforts on McStain’s environmentally contaminated property, to preserve McStain’s return on investment.