For Tim White, founder and chairman of White Construction Group in Castle Rock, Colo., the mixed-use Steam on the Platte development was a perfect fit for him and his company—a complicated project that, in White’s words, had “hair on it.”
According to White, the warehouse complex at 1401 Zuni St. in Denver—only a block from the South Platte River and near Mile High Stadium and the interchange of interstates 70 and 25—consisted of five separate properties, each with its own deed of trust. Moreover, the location had a history dating back at least to 1917, when Russian-Jewish immigrants settled in the neighborhood and the local rabbi ran a large rag-baling business in the building, says developer Sue Powers of Urban Ventures.