In yesterday’s Rocky Mountain News, John Rebchook reported that Cypress Real Estate Advisors of Austin, TX has acquired the 29-acre Denargo Market site north of Downtown Denver, with plans to redevelop the site into as many as 2,200 residential units in buildings as tall as 22 stories. The Denargo Market area is an industrial enclave in the River North district with a land-that-time-forgot feel to it, yet it is only three-quarters of a mile from Union Station. The Denargo Market area represents the last significant area on the perimeter of Downtown Denver that hasn’t yet undergone a revitalization or transformation of some kind. Its redevelopment will essentially give Downtown a 360-degree ring of renovated, reinvented, or reenergized urban districts. Here’s the article from the News: Redevelopment Taking Shape. Here are a couple of preliminary renderings from the CB Richard Ellis website:

Site Plan:

Massing Image:

Another Massing Image (with what appears to be taller buildings than the image above):

What’s interesting about the middle image is that it shows in the background the massing of the full buildout of the Prospect district across the Park Avenue West viaduct and the Central Platte Valley/Riverfront Park/Union Station developments beyond that.

Finally, do you know where the word Denargo comes from? North of Downtown near the I-25/I-70 interchange of today was the little industrial neighborhood of Argo. The market’s founders took the first half of Denver and combined it with Argo—Denargo—in an effort to describe the market’s location half way between the two locations.