DENVER—DaVita Inc. said July 15 it will build its new corporate headquarters in downtown Denver near the Millennium Bridge.
Construction will begin in early 2011, and DaVita said it expects to begin occupying the building in the second half of 2012.
The new DaVita headquarters will be located in a lot adjacent to the Millennium Bridge in Denver, at the west end of the 16th Street Mall, across from the new Union Station development.
DaVita's new headquarters will total more than 270,000 square feet. The company acquired the land at a cost of about $11 million and the estimated construction costs will be $90 million. DaVita settled on the site after an evaluation of its business requirements. The company determined that existing office space would not meet its needs and that leasing and retrofitting an existing space would lead to higher costs.
DaVita has engaged several Denver organizations to handle the various parts of the construction process. USI Real Estate and CresaPartners handled the local site search and real estate negotiations. CresaPartners will assist in the overall management of the project. Saunders Construction will act as the general contractor. Trammell Crow Company will provide development management services. MOA ARCHITECTURE is designing the building, and will partner with Acquilano Leslie to produce the interior design.
The new DaVita headquarters will house not only a variety of corporate functions, but also training facilities. Thousands of DaVita employees will travel to Denver each year to attend DaVita University, the company's comprehensive training curriculum.
"We're excited to be building a headquarters that will be a good home for DaVita teammates," said Kent Thiry, chairman and CEO of DaVita. "Equally exciting is the fact that it will be a great place for thousands of our teammates from all over the country to attend DaVita University classes each year."
