Union Station redevelopment starts in December

Share

The RTD has approved the lease of the historic Union Station building to the veteran development team of team of Sage Hospitality, Larimer Associates, REGen LLC and Urban Neighborhoods.

The team plan to transform the historic building into a mixed-use, transit-oriented hub with a planned opening in mid-2014. The building will close to the public on Dec. 1 and construction will begin Dec. 3.

“It’s been a long journey, but our dream to see this historic landmark come back to life is one step closer,” said Dana Crawford, president of Urban Neighborhood and a prominent historic preservationist.

Denver’s Larimer Associates is handling the retail leasing of the remodeled urban transit center, which will feature more than 22,000 square feet of ground floor space divided into approximately 10 independent retail and restaurant outlets, complemented by a 12,000-sf public common area, the “Great Hall,” and 40,000 sf of outdoor plaza space.  In addition, the redeveloped Union Station will house Amtrak and RTD as well as feature a 110-room independent hotel on the upper levels to be managed by Denver’s Sage Hospitality.

“It is great to see this project move to the next stage,” said Phil Washington, general manager of RTD.

“We look forward to working with a great team of accomplished developers who will transform the historical Denver Union Station into a transportation hub and tourist destination for generations to come,”  he said.

Larimer Associates held a series of focus groups in early 2012 with downtown residents, businesses and transit riders to gain insight into what the community’s ideal vendors for the historic neighborhood center

“Interest in the space has been very strong and we are now actively working with several prominent Denver chefs and retailers,” said Joe Vostrejs, the CEO of Larimer Associates. “We understand the people want a strong local presence here as this will be a major new focal point for downtown Denver. And we’re also focused on offering services and goods that are important to transit riders and visitors.”

Interested in buying a home in downtown? Check out  COhomefinder.com to see what is available.

Have a story idea or real estate tip? Contact John Rebchook at JRCHOOK@gmail.com. InsideRealEstateNews.com is sponsored by Universal LendingLand Title Guarantee and 8z Real Estate. To read more articles by John Rebchook, subscribe to the Colorado Real Estate Journal.


 

 

Share Button

John Rebchook

John Rebchook has more than 30 years of experience in writing and communications. As the Real Estate Editor for the Rocky Mountain News, he wrote about residential and commercial real estate for 26 years. He has won numerous awards for business stories and columns that he wrote, both as an individual and part of teams. In addition to real estate, he also covered economic development, banking and financing, the airlines, and cable TV for the Rocky. In addition, he was one of the original freelance writers for GlobeSt.com, covering commercial real estate for the Internet publication.

More Posts - Website

Thank you to our sponsor

Our sponsor has made it possible to bring you this real estate resource for free. Please drop them a note and say thank you, and keep them in mind for your real estate needs.

Copy Protected by Tech Tips's CopyProtect Wordpress Blogs.