There’s a new multi-family residential development coming to Downtown Denver’s Golden Triangle district near the corner of 8th and Broadway.
The Pauls Corporation is planning a 200-unit, 7-story apartment project on an L-shaped parcel that wraps around the Compass Bank located at the 8th and Broadway corner. The development site spans across the alley to Lincoln Street, and includes the recently closed 7-11 building at the corner of 8th and Lincoln which will be demolished to make way for the project. Below is a GoogleEarth aerial where I’ve outlined the project site:
The new project’s 200 rental apartments includes 40% studio units, 43% one-bedroom units, and 17% two-bedroom units. The development includes two levels of structured parking offering 240 parking spaces, for a 1.2 spaces/unit ratio. Also included in the project is 4,420-square feet of street-level retail, plus a rooftop deck and a 3,373-square foot clubhouse for residents.
Here are two renderings of the 8th and Broadway development, thanks to KEPHART the project’s architect. The first rendering shows the Broadway side of the project, with the Compass Bank on the right side of the image. The second rendering shows the Lincoln Street side of the complex:
The development’s building permit application has been under review with the city since July and is nearing approval. The Pauls Corporation hopes to break ground before the end of 2013.