There is exciting news coming to the Welton corridor in the Five Points neighborhood! Recently, Palisade Partners announced a new project going up at the intersection of Welton and 25th Street. Welton Street, east of Park Avenue West, has always been a patchwork of historic buildings and empty lots, creating huge holes in the urban fabric of this neighborhood.
Here is an aerial view of the neighborhood with the project site outlined. 2460 Welton will take up most of the lot, leaving the historic houses intact. One great feature about this location is its proximity to the 25th and Welton light rail station which will provide residents quick access to Downtown Denver.
Looking at the project site on Google Street View, you can clearly see that this is a site that has been longing for development. This parcel currently has no use, including parking, and has become a huge eyesore along the Welton corridor.
Last but not least, here is a rendering of the project, courtesy of Palisade Partners. 2460 Welton will feature 82 market-rate apartments in a five-story building and 14 three-story townhomes. Amenities will include a rooftop deck, community room and a fitness center. The design of the building is intended to capture elements from the historic Rossonian Hotel.
Last year, Mayor Hancock announced the Welton design / development challenge to advance the economic revitalization of the Five Points neighborhood. The development team for 2460 Welton accepted the challenge and was awarded a $100,000 grant! Palisade Partners is expecting to break ground this summer with completion around fall 2015.
Wonderful project in an area that is starved for infill projects!!
Great momentum on Five Points to fill some of those empty lots. I also noticed on Larimer St in the Upper 30’s, a sign advertising a new development between 34th and 35th streets for townhomes (28 of them if I recall correctly) to be developed in 2 phases
Awesomesauce! This is a wonderful move toward the future of Welton! I am heavily enthused and can’t wait for Palisade to ground break this fantastic project.
Cheers!
“Awesomesauce!” I like it.
Side Topic: I just happen to catch this RTD recent blog post about Five Points/Welton Street. http://www3.rtd-denver.com/elbert/news/archive/index.cfm?id=5810
So is the ground-level of the apartment building retail?
Jeffrey,
There is some retail on the street level. 5000sqft or so if I remember correctly.
Oddly, many of the neighbors were clamoring for a grocery store which I find strange as Safeway is four blocks away (and the space is too small as well)
Perhaps a small food market/grocery store? We don’t have enough of these in Denver.
Would love a small market as well!!
Ok, maybe it’s me that’s odd!
If it was my choice I’d be going with a hardware store.
Its because they haven’t done particularly well. How long was that market open on Blake and Park Ave.? 8 months? Its still so easy to drive around downtown that it doesn’t dissuade downtown residents from driving to King Soopers on Spear or the Safeway in five points for groceries.
I don’t think it’s odd at all. Would love to see a sprouts, trader joes, Tonys or any other market. Maybe a fresh produce market, something more unique than Safeway.
Ken,
Off topic but do you have any idea what’s going up at 19th & Platte St.? That looks like 3 story elevator core to me.
Thanks,
Dave
Hi. It’s a small office building called the Boathouse or something like that.
Time for a Trader Joe’s on North Broadway.
As a new home owner in 5 Points just a couple blocks from the Welton St. corridor, I am so excited about this great development on the Welton St. corridor. This is giant step forward.
Also, Rosenberg’s NYC Bagels opening on 26th and Welton is another extremely encouraging sign that long-overdue progress is finally beginning to be made on the Welton corridor.
Keep it up, great work!