Another vacant lot at Union Station is getting an eight-figure development.
Holland Partner Group plans to break ground in May on 161 apartments at Little Raven and 19th streets. It’s a smaller deal than Holland’s previous Union Station work, but Development Director Peter Petricca said zoning and the character of Little Raven made the development appealing.
“Little Raven is such a unique address; although it has easy access to the highway and you’re a couple blocks from Union Station, it almost feels like a park-like street,” Petricca said. “Given the location and the size of the site, we felt doing a high-end, boutique project was the best fit.”
Plans for the Parkside project call for four stories of apartments fronting Little Raven across from Commons Park. The building will rise to seven stories on the back side of the lot.
The unit mix includes three studios, 125 one-bedrooms and 33 two-bedrooms. Rents will start at about $1,400 a month, Petricca said. Holland is designing the building to put its ritziest units along the Little Raven side with views looking out over Commons Park.
The project will also include a rooftop pool and lounge on four-story section. As Union Station explodes with new apartments, Petricca said he hopes the relatively small size of the 161-unit complex and its rooftop amenities will set Parkside apart.
“You can live in the city and get all the hustle and bustle and the amenities that come with living in an urban area,” he said. “But you can also retreat to the roof and sit by the pool or the fire pit in the fall and get beautiful views of the Rockies or the park.”
Washington-based Holland Partner Group also developed the 21-story Platform at Union Station tower at 1650 Wewatta St. Holland has another 579 apartments under construction at Pivot, another Wewatta Street project that will have a Whole Foods on its ground floor.
Renters at Platform have ranged from their early 20s up to tenants in their mid-60s. Petricca said he expects a similar mix at Parkside.
“We’re anticipating getting Gen Y and their parents,” he said. “We’re providing some smaller studio, price-point units and more luxury, larger units that empty nesters will want to live in that have the best views.”
Holland pounced on the 1-acre site where it will build Parkside back in May, buying the dirt from East West Partners for $7.5 million. Construction should take about two years, Petricca said.
Studio PBA is Parkside’s architect, and studioInsite is the landscape architect. Holland’s own Holland Construction will be the general contractor. Holland got a loan from PNC Bank for the land buy that Petricca said they hope to convert into a construction loan.
Union Station is roaring with development as Holland embarks on its next Denver project.
East West Partners along with Amstar is planning about 350 condos at 1700 Wewatta St. Shorenstein is working on two towers and 500 apartments at 1709 Chestnut. And Continuum Partners is building a new office building at 16th and Wynkoop streets.
Another vacant lot at Union Station is getting an eight-figure development.
Holland Partner Group plans to break ground in May on 161 apartments at Little Raven and 19th streets. It’s a smaller deal than Holland’s previous Union Station work, but Development Director Peter Petricca said zoning and the character of Little Raven made the development appealing.
“Little Raven is such a unique address; although it has easy access to the highway and you’re a couple blocks from Union Station, it almost feels like a park-like street,” Petricca said. “Given the location and the size of the site, we felt doing a high-end, boutique project was the best fit.”
Plans for the Parkside project call for four stories of apartments fronting Little Raven across from Commons Park. The building will rise to seven stories on the back side of the lot.
The unit mix includes three studios, 125 one-bedrooms and 33 two-bedrooms. Rents will start at about $1,400 a month, Petricca said. Holland is designing the building to put its ritziest units along the Little Raven side with views looking out over Commons Park.
The project will also include a rooftop pool and lounge on four-story section. As Union Station explodes with new apartments, Petricca said he hopes the relatively small size of the 161-unit complex and its rooftop amenities will set Parkside apart.
“You can live in the city and get all the hustle and bustle and the amenities that come with living in an urban area,” he said. “But you can also retreat to the roof and sit by the pool or the fire pit in the fall and get beautiful views of the Rockies or the park.”
Washington-based Holland Partner Group also developed the 21-story Platform at Union Station tower at 1650 Wewatta St. Holland has another 579 apartments under construction at Pivot, another Wewatta Street project that will have a Whole Foods on its ground floor.
Renters at Platform have ranged from their early 20s up to tenants in their mid-60s. Petricca said he expects a similar mix at Parkside.
“We’re anticipating getting Gen Y and their parents,” he said. “We’re providing some smaller studio, price-point units and more luxury, larger units that empty nesters will want to live in that have the best views.”
Holland pounced on the 1-acre site where it will build Parkside back in May, buying the dirt from East West Partners for $7.5 million. Construction should take about two years, Petricca said.
Studio PBA is Parkside’s architect, and studioInsite is the landscape architect. Holland’s own Holland Construction will be the general contractor. Holland got a loan from PNC Bank for the land buy that Petricca said they hope to convert into a construction loan.
Union Station is roaring with development as Holland embarks on its next Denver project.
East West Partners along with Amstar is planning about 350 condos at 1700 Wewatta St. Shorenstein is working on two towers and 500 apartments at 1709 Chestnut. And Continuum Partners is building a new office building at 16th and Wynkoop streets.
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