Demolition is underway of the old Bank of Denver building on Downtown Denver’s Block 162. The former bank building, the Republic Hotel building, and all the surface parking lots on that block have recently been acquired by veteran developer Evan Makovsky, general partner of Shames-Makovsky Realty Company.
Right now, there’s a fence around the former Bank of Denver building and some of its facade has been removed. I’ll post a few photos once structural demolition begins. The building will take approximately one month to demolish, according to Mr. Makovsky. Soon after the bank building has been razed, demolition of the Republic Hotel building will begin.
Here’s a photo of the Bank of Denver building (left) and Republic Hotel (right). These were taken a couple of months ago.
Over the next year or so, Mr. Makovsky will be working with the Downtown Denver Parternship on refining the development plans for the 75,000 SF site. Eventually, the property will be developed into a mixed-use building, likely 1,000,000 SF or more, with potentially hotel, office, retail, and office uses.
