PDC Energy to move employees from Evans to Greeley site

GREELEY — Denver-based PDC Energy Inc. is planning to renovate a rundown building in Greeley that was built in 1974 for Mountain Bell, where it will move employees of its Northern Colorado business office that currently is in Evans.

PDC Energy (Nasdaq: PDCE), an oil and natural-gas exploration and production company, plans to move 160 employees and contractors to the 8.8-acre site, which also will be used for indoor and outdoor storage of equipment, according to documents filed with the city of Greeley’s planning department.

The approximately 61,500-square foot, two-story building at 12680 West 20th St., just west of 86th Avenue, was occupied by AT&T until 2009. Since then, it has been used sparingly, with only a portion currently leased by a drywall contractor.

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The property recently was annexed into the city of Greeley. Paul Whalen, a city planner, said zoning of the annexed property is being worked out. Weld County zoning would have allowed for PDC’s proposed uses.

PDC is in negotiations to buy the property from Denver-based Bates Leasing Co. LTD.

According to planning documents, PDC intends to give the building a “face-lift” to make it aesthetically pleasing and complement adjacent residential neighborhoods to the north of the building. It will add exterior windows, remove asbestos from the building and clean up existing storage and waste-collection systems.

The offices will front 20th Street, while the storage areas that will house rotating supplies of gas valves, fittings and small oil-field equipment will be at the rear of the building.

PDC also intends to make improvements to landscaping, paved parking areas and site lighting.

Rick Hazel of Loveland-based Hauser Architects is the lead architect for the project.

PDC’s primary operations are in the Wattenberg Field in Colorado and in the Utica Shale in southeastern Ohio.