“Speed to market has never been more valuable."
It turns out you can make a lot of money selling things for a dollar.
We’re incredibly excited that 75 acres (919,000 square feet) of one our latest and most exciting developments, HighPoint, will be used as warehouse space for Dollar General. Construction is expected to begin this summer and be completed by 2023.You can read the full announcement here.
“The deal with Dollar General is a perfect example of our expansive build-to-suit capabilities here at HighPoint,” said Brian Fitzpatrick, vice president and general manager at Mortenson, who worked with Hyde Development on the HighPoint project. “Speed to market has never been more valuable and we are able to provide that advantage as both the developer and design-builder on the park.”
HighPoint is a 20-minute drive from downtown Denver and is situated within three economic benefit zones: a federal opportunity zone, an Adams County Enterprise Zone and a Limon Foreign Trade Zone.
These factors all came together to create a powerful tax incentive for new industrial development. Coupled with demographic data and other key insights, Hyde Development decided to take a calculated risk with industrial parks like 76 Commerce Center and HighPoint.
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