When it comes to standing out in Colorado's increasingly competitive industrial market, it comes down to three factors: location, location and location.
A joint venture between LaPour Partners and EastGroup Properties are expecting to hit all three with Arista36, a three-building industrial complex with an address along one of the state's most heavily trafficked corridors. Located in Broomfield, the development strengthens the link between Boulder to the north and Denver to the south, a route commonly known for its concentration of large tech companies and research institutions.
Even more important is the developers' goal of using the project to reestablish the benchmark for what modern industrial development can be, an effort that earned it a 2026 CoStar Impact Award for commercial development of the year for Denver, as judged by real estate professionals familiar with the market.
Work on the previously underused site kicked off in late 2023. The development team had to navigate hurdles such as topographical and geotechnical challenges, the project's location in a more traditionally suburban area, and shifting utility requirements and sustainability mandates — all issues that arose amid a macroeconomic backdrop riddled with supply chain volatility and rising material expenses.
Yet it was able to cross the finish line in the second half of 2025, arriving at a point when the US-36 corridor is cementing its reputation as a national hot spot for next-generation industrial users. And with more than 1million square feet of aerospace and defense contractors hunting for space in the area, Arista36 is positioned to play a leading role in helping house the future of advanced manufacturing and research and development in the region.
“The overall development provides for great flexibility of uses within the park," CoStar Impact Award judge Randy Danielson, a senior director of real estate development with Opus Group, said of the project. "The creative solutions for steel structure, electric vehicle and solar coordination, and stormwater solutions enable this project to remain viable and bring a great product to the market.”
About the project: The 359,800-square-foot industrial park is located at the intersection of Wadsworth Parkway and 112th Avenue, equidistant to Boulder and Denver and surrounded by more than 2,250 residential units within a 1-mile radius. Arista 36 was developed as a speculative, multitenant industrial park targeting companies seeking 30,000 square feet or more, with a focus on aerospace, defense, life science, R&D, advanced manufacturing and light distribution users. Along with traditional warehouse features such as rear-load buildings and truck courts, the development also includes bike storage, access to nearby hiking trails and more than 10 acres of landscaped open space.
What the judges said: “The development demonstrates institutional-grade execution through significant barriers to entry," said CoStar Impact Awards judge Lance Somerville, a broker associate with Real. He added that the project's "integration within a high-growth employment ecosystem surrounded by life science, aerospace, technology firms, and nearby housing strengthens tenant demand, enhances absorption durability and aligns with the investment criteria typically favored by real estate investment trusts and large-scale capital."
They made it happen: Developed through a joint venture between LaPour Partners and EastGroup Properties, and with help from Alcorn Construction, marketing and leasing efforts for Arista36 are being led by Stream Realty Partners' Buzz Miller and Peter Beugg.
CoStar Market Manager Kathryn Binns contributed to this report.