The soon-to-be tallest building in Denargo Market is now under construction. Back in May, various sites in Denargo Market, including the one at 2600 Wewatta Way, were rezoned by the city to allow for taller residential buildings. As soon as the rezoning was approved, Cypress Real Estate pulled the trigger and started the development of Denargo Market Phase 4, a 16-story project that is over double the height of anything in the area. When complete, this project will add 336 apartment homes, costing a total of $88.7 million. 417 parking spaces are included in the development with an under and above-ground garage.

A luffing jib tower crane was recently erected on-site, with excavation and shoring currently underway. Here are a few photos of the project site.

Since we love tower cranes here on DenverInfill, below are a few photos of the new luffing jib crane and its contribution to the River North crane cluster. There are now eight tower cranes in River North, as seen in the last photo.

Finally, here is a rendering of the project pulled from the construction permit. Gff Architects is the architect on record, with CFC Construction building the project.

A 16-story building is a great start to getting the density River North needs.