Elitch Gardens owner plans to head into Highland

Revesco Properties broke ground earlier this year on a spot between Williams & Graham and Postino.

A rendering of Revesco Properties office planned for Highland, 2721 17th St.
 (Courtesy of Revesco Properties)
A rendering of Revesco Properties office planned for Highland, 2721 17th St. (Courtesy of Revesco Properties)
A rendering of Revesco Properties office planned for Highland, 2721 17th St. (Courtesy of Revesco Properties)

The owner of Elitch Gardens plans to head to Highland next summer after building a three-story office building there.

Revesco Properties broke ground earlier this year on a spot at 2721 W. 17th St., between Williams & Graham and Postino. The real estate company anticipates wrapping up construction in August, said Rhys Duggan, president and CEO of Revesco.

“We will occupy the top floor offices,” Duggan said in an email. “We have an additional approximately 5,200 square feet total for lease on the first and second floors.”

Revesco likely will fill the extra space with others looking for office space or perhaps a retailer. The company scooped up the 3,200-square-foot lot on West 17th Street in July for $750,000,  according to city records.

2721 17th St. (Kevin J. Beaty/Denverite) denver; colorado; kevinjbeaty; denverite; highland; development;
2721 17th St. (Kevin J. Beaty/Denverite)

In 2015, Revesco bought Elitch Gardens along with Kroenke Sports & Entertainment and Second City Real Estate. Duggan is the managing member of KSE Elitch Gardens/Revesco/Second City LLLP, the entity that bought the amusement park.

Revesco currently operates out of an office in University Hills that’s owned by 5291 East Yale Avenue LLC — a Denver-based company registered to Thomas Whyte, chief financial officer at Koelbel and Co.

A rendering of Revesco Properties office planned for Highland, 2721 17th St. (Courtesy of Revesco Properties)
A rendering of Revesco Properties office planned for Highland, 2721 17th St. (Courtesy of Revesco Properties)

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Business & data reporter Adrian D. Garcia can be reached via email at agarcia@denverite.com or twitter.com/adriandgarcia.

Adrian D. Garcia

Author: Adrian D. Garcia

Adrian D. Garcia is on business and trends for Denverite, serves as treasurer for the Colorado chapter of the Society of Professional Journalists and on the board of the Denver Press Club. He can be reached at agarcia@denverite.com.