A six-story office tower at 7601 E. Technology Way in the Denver Tech Center may be living on borrowed time. A new proposal on file with the city would scrap much of the low-rise office campus and surface parking in favor of two five-story residential buildings with about 660 apartments on a roughly 10-acre site near the I-25 / I-225 interchange. The existing garages and lots would be reshuffled to fit the new layout if the plan gets the green light.
According to BusinessDen, Dallas-based Trammell Crow Residential submitted development plans to Denver on Monday, Feb. 9, outlining a pair of Alexan-branded apartment buildings totaling roughly 660 units on the property at 7601 E. Technology Way. The filing shows that much of the current surface parking would be traded in for housing, with two existing on-site parking garages pulled into the new complex. BusinessDen also reports that one of the campus’s six-story office towers would need to be demolished for the apartments to be built.
What the campus looks like now
Commercial listings describe the 7601 Technology Way building as a six-story Class A office property completed in 1997, with about 197,000 square feet and a parking ratio of around four spaces per 1,000 square feet. As noted by PropertyShark, the office park spans several acres and is currently served by a mix of structured garages and surface lots used by multiple tenants. That parking-heavy footprint is exactly the area Trammell Crow’s concept targets for conversion into apartments.
Owner and financing
The parcels were part of City Office REIT’s portfolio until a broader sale to Morning Calm Management, an agreement detailed in City Office REIT investor materials released in mid-2025. In its coverage of the recent development filing, BusinessDen reports that Morning Calm closed on the Denver Tech Center parcels in January 2026, and records show the buyer obtained a $90 million loan on the properties from Athene. BusinessDen also notes that the existing tower still hosts several tenants today, including a Denver office used by Zoom.
How the proposal fits the market
The idea slots neatly into a broader national trend of converting or replacing underused office space with multifamily housing as high vacancies and tight financing squeeze the office sector. Industry tracking shows the office-to-residential pipeline has swelled in recent years, with a record number of conversion projects and growing interest from apartment developers, according to an update from Realogic.
What comes next
With concept plans submitted, the project now moves into Denver’s review process. Depending on the exact zoning and permit path, the proposal could trigger public notice requirements, outreach to nearby neighborhoods, and a series of staff reviews before any final decision. The city’s permitting materials spell out which applications need informational mailers or public hearings, steps that would give neighbors and registered organizations a formal chance to weigh in as the plan advances. If Denver signs off and permits are issued, the development would rank among the larger apartment additions the DTC has seen in recent years.
