A small slice of vacant property in a part of Denver populated with multi-level apartment complexes may soon see the construction of yet one more apartment building, this one housing 76 units.
Real estate developer Revesco Properties wants to build the project at 2099 Chestnut Place, on the west side of downtown Denver.
As proposed, the project, on land that is owned by the city, will see construction of lobby and retail space on the ground floor, and seven upper stories of apartment units.
The project site will also include some green space, as well as an outdoor café.
Denver-based Revesco is also the developer behind the sprawling River Mile project, an effort transforming over 60 acres that were once a part of the Elitch Gardens into a neighborhood with housing, offices, and retail space.
The project at 2099 Chestnut Place would see construction on a triangle-shaped piece of land measuring less than one acre.
The corner of the site was formerly the home of a public bike station.
An earlier effort by another developer to build a 192-room hotel at the site failed when members of the city council voted in opposition to turning the property over for that purpose.
The Chestnut Place project is currently being reviewed by the City of Denver.
By Garry Boulard
