The on-again, off-again proposed retirement community by Balfour Senior Living, planned for the corner of 15th and Little Raven in Downtown Denver’s booming Riverfront Park/Union Station area—originally known as the Cosmopolitan Club—is finally on again and actually under construction.

The project, now known as Balfour at Riverfront Park, has its roots back in the early 2000s as the second phase of the Archstone apartments (now called The Station at Riverfront Park) located across the street from Balfour on the southwest side of 15th Street. In 2005, Balfour, a senior care residential developer, acquired the project and redesigned it as an upscale housing community for urban-oriented seniors. The development went through a series of design changes in response to opposition from its Riverfront Park neighbors. By the time a compromise was reached and the project was ready to move forward, the economy tanked. Fast forward about five years, and the project is back and is now under construction.

The Balfour at Riverfront Park project has been scaled down from its original design, which was envisioned as a seven-story project with 264 units. Now, the project includes 204 units in 5-story and 3-story buildings. According to Balfour’s website, Balfour at Riverfront Park will include 112 units of independent rental homes, 65 units for assisted living, and 27 memory-care units. The project still includes the rehabilitation of the historic Moffat station, which will become the community room for the development. That is awesome.

Getting information about this project, particularly renderings and site plans, has been a challenge. But, here’s a rendering we’ve been able to obtain off the internet of the Little Raven and 15th Street corner, where the 5-story component is located. The 3-story section will be adjacent to the railroad/light rail tracks to the southeast:

Balfour at Riverfront Park should be completed by summer of 2014.