The Coloradan to Provide Denver’s Fastest Internet Service in a Residential Building
Residents Will Benefit from 1 GB Wi-Fi at Half the Cost of Traditional Internet ProvidersDenver, CO (March 26, 2018) – East West Partners, a Denver-based developer devoted to building, selling, and managing high-quality real estate, and its partner Ascentris, a Denver-based real estate private equity firm, announced today that they have partnered with Elauwit and Zayo to provide bulk high speed internet at The Coloradan. The Coloradan is a 334-residence condominium property in Denver’s Union Station neighborhood. The Coloradan’s residents will be connected to faster and more affordable internet than is available at other residential buildings in Denver.
A survey in December of 2016, commissioned by Comcast’s Xfinity Communities, and conducted by research firm Precision Sample, found that 87 percent of respondents agreed that technology plays either an “extremely important” or “very important” role in resident satisfaction. These results were top of mind for East West Partners in selecting a leading-edge connectivity solution.
“In choosing an internet service provider for The Coloradan, we interviewed independent experts across the nation, reviewed the strategy of other high quality communities in large cities throughout the world, and listened to residents in our projects around the country,” said Jay Lambiotte, Chief Financial Officer at East West Partners. “We realized quickly that the best possible connectivity would be perhaps the most important amenity for residents at The Coloradan. Given our residents’ focus on speed, cost and security, we understood the importance of working with a company such as Elauwit that has extensive experience in implementing and servicing this type of network in a residential building.”
The internet at The Coloradan will be connected by Zayo’s fiber optics to state-of-the-art wired and managed Wi-Fi equipment from Elauwit. The system will deliver faster and more reliable service with greater resident experience, convenience and security compared to typical residential systems. The Coloradan network will be centrally managed by Elauwit and offer 24/7/365 monitoring and customer service. Service speeds at The Coloradan are expected to approach 1 Gigabit per second.
Most service providers give each home a unique modem and Wi-Fi router which has little awareness of other Wi-Fi routers. This results in interference and decreased internet speed. Additionally, with other service providers the modem and Wi-Fi router are installed after the resident moves in, which requires residents to wait at home for installers.
The Elauwit system strategically places specially designed Wi-Fi routers throughout the building and uses predictive software to reduce interference. Elauwit also secures each resident’s account to provide private and secure connectivity to all devices (printers, mobile devices, game consoles, televisions, smart appliances, etc.). The system enables residents to remain connected to their personal network throughout the entire building, from ground floor retail areas to the 18th floor clubroom and pool deck, in addition to within their private residence.
Zayo, headquartered in Boulder, Colorado, will provide the fiber optic connectivity to power a high-capacity, high-performance network experience. For The Coloradan residents that means no caps, data prioritization or traffic throttling.
“We will always maintain net neutrality for our clients and their residents and since the community owns the network, there will be no prioritizing of one type of content over others unless the community chooses to prioritize,” said Robert Grosz, Chief Development Officer at Elauwit. “That’s the beauty of a community-owned network and one of the advantages of using this model versus a cable or phone company.”
The cost to residents is less than half the cost for a typical internet subscription offering a slower connection and is also subject to specific rate caps.
“Internet speed and net neutrality are big topics in Colorado today and East West Partners was eager to put The Coloradan on the leading edge by providing a best in class system, giving this specific community control and providing our residents the best Internet experience we could find,” said Lambiotte.
About East West Partners
East West Partners is devoted to building, selling, managing and supporting high-quality real estate. Since 1986, the firm has developed and sold over $3 billion of residential and commercial real estate. Their most recognizable local project is Denver’s Riverfront Park, a 25-acre development that transformed the Central Platte Valley into Denver’s hottest new community. East West Partners is also responsible for the renaissance of downtown Denver’s city center, taking the lead on the development of the Union Station Neighborhood. For more information on East West Partners, visit www.ewpartners.com.
About Elauwit
Elauwit is leading the evolution of the WiFi managed service business. All over America, Elauwit is empowering remarkable communities with remarkable connectivity experiences unlike any other. And Elauwit does it while enhancing the actual dollar value of a community’s investment. The company is headquartered in historic Charleston, SC, with offices and employees throughout the United States. Elauwit has been in business since 2002, growing from media to telecommunications, expanding from one coast to the other, while serving owners, developers, builders, investors and managers of multifamily housing. Additional information is available at www.elauwit.com.
About Zayo
Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications infrastructure solutions, including fiber and bandwidth connectivity, colocation and cloud infrastructure to the world’s leading businesses. Customers include wireless and wireline carriers, media and content companies and finance, healthcare and other large enterprises. Zayo’s 127,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. In addition to high-capacity dark fiber, wavelength, Ethernet and other connectivity solutions, Zayo offers colocation and cloud infrastructure in its carrier-neutral data centers. Zayo provides users with flexible, customized solutions and self-service through Tranzact, an innovative online platform for managing and purchasing bandwidth. For more information, visit zayo.com.