A busy and historic block in downtown Denver may soon be seeing the construction of two new mixed-use structures.
The development company Larimer Associates, along with real estate firm Urban Villages, has announced plans to build the structures in two alleyways that run parallel with Larimer Street, on both sides of that street.
One of the most popular and well-used blocks in all of Denver, Larimer Street is graced with two and three-story brick buildings dating to the 19th century which today house restaurants, taverns, and coffee shops.
One of the proposed new structures would be built to house up to 300 apartment units, a portion of which would be dedicated to affordable housing.
The second structure will house condominiums.
Both buildings will also feature retail space on their ground floors.
In a statement, Jeff Hermanson, the chief executive officer of Larimer Associates, noting the neighborhood’s historic roots, said, “Our intention is to invest heavily in the block so that it continues to stand the test of time.”
Continued Hermanson: “We want to preserve all that is special and historic, while ensuring this iconic block remains vibrant for generations to come.”
The project is currently awaiting city approval.
By Garry Boulard
