Another project has made it out of the ground since our Summer 2013 Hole-in-the-Ground census! Today, we are going to head over to the Prospect neighborhood and take a look at the 2100 Delgany project.
As of right now, the concrete podium has been poured and the first elevator core is nearly topped out. Since this will be a 6-story building, we will most likely see timber framing for the other five floors. 2100 Delgany sits on a very uniquely shaped parcel of land and will only occupy the square portion of the lot, leaving a little triangle dirt lot. Even with the open space directly to the north of this project, 2100 Delgany will have a significant impact along Delgany Street.
Here is a little bonus picture I took as I was walking towards 2100 Delgany. Last weekend was crystal clear, before the snow and cold moved in, giving us a spectacular mountain backdrop! (Click for high-resolution greatness!)
There is still a lot of work to be done given its completion isn’t until late 2014. We will check back again in a couple months to see what progress has been made!
It was only two months ago when we first posted about 2100 Delgany, a new six story, 187-unit apartment project being developed by Mill Creek Residential in Downtown Denver’s Prospect district. Here’s the site and a rendering to refresh your memory:
Today we’re happy to report that 2100 Delgany just started construction!
I’m not going to let Ryan have all the fun taking construction photos, so today I walked over to the site and took a few shots. Here’s the view from 21st Street…
…and the view from Wewatta Street:
2100 Delgany should be finished by next summer/fall.
Planning is underway to develop one of the last remaining parcels in Downtown Denver’s Prospect district. A development application for a project known as 2100 Delgany was submitted in late December 2012 to the Denver planning office and is currently working its way through the development review process.
2100 Delgany is a 187-unit, six-story apartment project with underground parking planned by Mill Creek Residential. Mill Creek is the same firm currently under construction with the 2300 Walnut project that Ryan provided an update on in January. As you may have guessed, 2100 Delgany will be located at the corner of 21st and Delgany behind Coors Field. Here’s a Google Earth aerial image where I’ve outlined the site in question. Click/zoom to embiggen:
The architectural firm designing 2100 Delgany is Denver-based Shears Adkins Rockmore. Here are a few renderings of the project courtesy of SA+R.
On the left, a view of the project from the corner of 21st and Delgany looking east towards Coors Field. On the right, the view from near Delgany and W. 29th Avenue looking back towards 21st and Delgany:
On the left, the southeastern side of the project from the elevated portion of Wewatta near Park Avenue West. On the right, a view from roughly Union Station looking northeast:
Assuming the project gets underway later this summer, 2100 Delgany will likely be completed in late 2014.
Back in December, Ryan gave us an introduction to the newest infill project in Downtown Denver’s Prospect district: the Residences at Prospect Park, a 5-story, 296-unit apartment community being developed along Huron Street just north of W. 29th Avenue. The Residences at Prospect Park project will occupy one of the last major infill sites still available in Prospect.
This is a brief update. Thanks to Jamie at KEPHART community::planning::architecture, here are two new images showing more detail of the development’s main entry area:
The Residences at Prospect Park project is scheduled to begin construction in March.
Over in the Prospect neighborhood, one of the final vacant lots is undergoing some much needed development. Edwards Companies is developing a 5-story 296-unit apartment building. This will fill a huge gap in the Prospect neighborhood and contribute greatly to its urban fabric.
The Residences at Prospect Park will sit about mid block north of West 29th Street facing Huron Street. Across the alley are the WaterTower Lofts. The building currently to the south will be renovated and used for approximately 20,000 square feet of retail.
At the public meeting, one of the major concerns from current residences is the parking situation this will bring to the neighborhood. These apartments will be taking up a lot that was used for parking and as well as possibly congesting street parking given the increase in residences. Well, Edwards Companies has this taken care of. The City of Denver granted them lower parking requirements but they denied it and are building parking that exceed code (approximately 1.25:1). Given every residence in this neighborhood has dedicated parking, this shouldn’t be a problem. Remember, the largest multi-modal transit hub under construction, Union Station, right across the way. Also, as soon as the 20th and Chestnut project gets built there will be a full service grocery store within walking distance.
Here are some ground level shots of the site.
This dirt lot is a huge eyesore and this development is the perfect size, and design to fit in the Prospect neighborhood. This will help the area become a more tightly knit urban community. Construction is expected to be completed in 2014.
For my first fancy post on the new DenverInfill, I thought I’d point out this press release I came across last month noting that the multi-housing wing of CB Richard Ellis Investors purchased The Metro apartment complex at 2121 Delgany for $55 million. The property located just a baseball’s throw from Coors Field, has won numerous urbanism awards for its development and site planning, including a ULI’s Pillars of the Industry award in 2004. View a Google map here.
The purchase was the largest multifamily investment sale in Denver in 2009 and had a significant impact on how the value of the overall multifamily market in Denver is determined, according to the Colorado Real Estate Journal. “Because there are so few sales, every sale is so important to determining value. The Metro’s sale represents where market value is today,” Cary Bruteig of Apartment Appraisers & Consultants told the publication.
It could also be an indicator of another trend: as investors begin emerging from the trenches in 2010, they’re going to be taking aim at Denver’s quality urban developments first.