By: Burl Rolett, BusinessDen

With two leases in hand, a Platte River development is picking up steam.

Construction is rolling at STEAM on the Platte, a Sun Valley redevelopment highlighted by the renovation of a 65,000-square-foot warehouse. Co-owners Urban Ventures and White Construction hope to finish the $14 million first phase, including the revamped office building and landscape work, by spring 2017.

The joint venture bought the three-acre site in 2014, and Tim White, White Construction president, likes its location near transit and the river.

“The property is bookended by the light rail and the river,” White said. “You usually might have one of those amenities, but you don’t have both.”

White and Urban Ventures announced the project last summer. Anchor tenant NIMBL already had signed on for 21,000 square feet of office space.

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