One of the last remaining Union Station lots might bite the dust soon. In a recent transaction, Pando Holdings, the original developer of 19th and Chestnut, sold the parcel on 2059 19th Street to Greystar who intend to develop the 13-story project as originally proposed. According to the construction permit filed with the city, the 198 units in the building will breakdown as follows: 177 studios, 4 one-bedroom units, and 17 co-living units ranging between three and four-bedroom floor plans. The average unit size will be 446 square feet and only 13 parking spaces will be provided onsite.
As you can see in the above photo, core sampling is taking place and a fence has started to go up around the back of the lot. Word on the street says this project should be breaking ground within the next week or two. With increased utility work on the street and preliminary construction activities taking place on the site, we hope this one gets underway soon.
For a refresher, here are a couple of renderings from the submittal documents. The architect on record is Shears Adkins Rockmore.
On the permit side of things, everything needed to start construction has been filed with the city with a few miscellaneous documents filed just last week. We will keep you posted as this project moves forward. Luckily, I have front-row seats to the show and can continuously monitor the project site.
This area should be zoned for buildings 2x in height.
One thing I want to work on when I get the time is to try to push the last Union Station lot to get re-zoned to 30 stories. Save the best for last. This 13-story building will be SO good for the corner of 19th Street though.
I agree! That is such a prime corner that could really be the capstone parcel for the neighborhood. Can the re-zoning process be initiated outside of the ownership of the land? Or would the current property owner need to initiate the re-zone process?
I would have preferred that the commercial core of Denver was 17th and Wewatta rather than 17th and California. However, I imagine that the lower building heights in Union Station allowed for a much quicker build out of the area. Also, people don’t seem to be building tall in Denver like they did in the 80s and 70s. Not entirely familiar with the economics behind that