As Seen In BizWest – February 3, 2017

Aerospace firm Sierra Nevada Corp. has leased 101,000 square feet of additional industrial space at the Colorado Technology Center in Louisville and intends to add 400 workers at the tech center in  the next 18 months.

Sierra is leasing 2000 Taylor Ave. from Denver-based Etkin Johnson Real Estate Partners, which constructed the building in 2016 on speculation. Sierra also occupies two other buildings in the city.

Sparks, Nev.-based Sierra Nevada Corp.’s Space Systems business in Louisville designs and manufactures advanced spacecraft, rocket motors and spacecraft subsystems and components for the U.S. government, commercial customers and the international market.

The company employs 443 of its companywide 3,430 employees in Louisville, and plans to add more during the next 18 months, said company spokeswoman Kimberly Schwandt.

Sierra Nevada employs 247 people at 315 CTC Blvd., and 196 workers at 1722 Boxelder St., in the tech center.

“We don’t have exact numbers for Taylor, yet,” Schwandt said. “But SNC Space Systems is looking to recruit possibly 400 people over the next 1.5 years in Louisville.

“Sierra Nevada Corp. is excited to be a growing team doing innovative and important work, especially with the upcoming Dream Chaser CRS2 mission with NASA. We are adding staff and workspace to accommodate our expanding company.”

The new building at 2000 Taylor has an energy-efficient HVAC system, skylights, electric-vehicle charging stations as well as exterior LED building and parking lot lighting. Its solar control Low-E glass and a GenFlex cool roof system reflect heat away from the building to reduce energy consumption and cut utility costs.

Finding a tenant for 2000 Taylor has encouraged Etkin Johnson to construct another spec building, its fifth in the CTC, at 633 CTC Blvd., a 153,018-square-foot energy-efficient building that will be available in summer 2017.

The project sits on a 12.2-acre parcel purchased by Etkin Johnson in 2015 from Hill Properties for $1.975 million, or $3.72 per square foot. The building will have similar environmentally friendly features as the 2000 Taylor Ave. building, and also include 24-foot clear ceilings, 23 dock-high doors, five drive-in loading doors and fire-fighting sprinklers. Sun-shelters and picnic tables will be installed to allow tenants to access the area’s natural setting.

Etkin Johnson owns more than 1 million square feet of office/flex/industrial space, plus more than 30 acres of land improved for build out in the CTC.