Thursday, October 28, 2021

30-storey residential buildings planned after Golden Triangle zoning change

A Denver-based development firm is looking to take advantage of recent zoning changes that have paved the way for tall buildings in the Golden Triangle.

Urban Villages submitted concept plans to the city earlier this month, proposing two structures — one at 1149-1199 Bannock St. and one at 1115 Acoma St. — that would be 30 stories and 325 feet tall.

The 325-foot mark is the new maximum for “Point Towers” under updated zoning and building design standards approved by the Denver City Council in July. The changes were generally to diversify the neighborhood’s mix of real estate, which is currently heavily residential, and increase the amount of income-restricted housing.

“As far as we know, these will be the first two projects that will be executed under this,” John Burj, chief development officer at Urban Village, told BusinessDay.

The 30-story building along Bannock Street will house 275 apartments, as well as 4,680 square feet of retail space and 15,980 square feet of “indoor art” space. There will be 200 parking spaces.

The 30-story building at 1115 Acoma, meanwhile, houses hotel rooms and condominiums — the latter likely to be on top, Burj said. 99 condos and 164 hotel rooms, as well as approximately 4,500 square feet of retail/restaurant space and 175 parking space are planned.

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