303.320.1556 info@rmcherrycreek.com

Notable development projects underway in RiNo

by | Mar 13, 2017 | Blog

As Denver continues to grow, new and exciting development is happening all over the city. One of the most active areas is RiNo. Once an industrial area that in recent years began attracting artists seeking inexpensive studio space, RiNo is now a neighborhood dotted with craft breweries, music clubs, galleries and other contemporary spaces that is quickly transitioning to a more upscale environment.

Among the high-profile projects underway:

The Source Hotel: The Source, an artisan food market housed in a former 1880‘s brick foundry building, has become a popular gathering place since its inception in 2013. Soon, a 100-room hotel will be attached to the space, featuring an eighth-story rooftop deck and a courtyard, all operated by the same group that runs the upscale St. Julien Hotel & Spa in Boulder.

Industry RiNo Station: This immense office project—145,945 square feet—“will showcase an innovative approach to multi-tenanted office space,” notes a press release. Tenants will enjoy shared amenities such as kitchen areas, conference spaces, training and meeting rooms, event space, reception facilities, and an on-site café.

RiNo Promenade & Park: Stretching from 29th St. to 38th St., this park project, still in its early phases, would narrow the existing road, allowing for a pedestrian path alongside the road where people could stroll, gather, and play above the banks of the South Platte River. Planners are still searching for funding and note that the project will take around two years to complete once funds are secured.

Modera River North: Located at 29th Street and Brighton Boulevard, this project will offer 182 apartment units that include views of the mountains and Coors Field as well as a second-floor pool courtyard and a rooftop clubroom.

Redacted: As prices rise in this area, this affordable housing project will be a welcome addition for many. Nearly 300 units are planned for the four-story building, with one-bedroom apartments averaging 420 square feet and two-bedroom apartments around 550 square feet. The apartments will be made available to renters making 60% or less of the area median income ($33,660 for one-person households; $38,460 for two person households). Rents are planned at between $901 and $1,081.

Categories