Before its first Denver development comes out of the ground, a Seattle-based real estate firm is designing at least one more.
Unico has proposed a new eight-story mixed-use building for a parking lot at 1420 Wynkoop St., according to plans being considered by the Lower Downtown Design Review Board. The project would also add a rooftop deck to an existing building next door at 1430 Wynkoop St.
The new building would have about 15,000 square feet of retail space on the ground level, 73,000 square feet of office space on the next three stories and 40 residential units between the fifth and seventh floors.
Plans also show a pair of penthouse units on the building’s eighth floor. Residents, shoppers and office workers would park in a three-story, below-ground lot with 142 new spaces and on an existing, 30-space surface lot.
OZ Architecture is the architect listed on Unico’s plans.
Unico did not return a calling seeking comment.
The project is on the agenda for the Lower Downtown Design Review Board’s August 4 meeting, though staff recommended a denial of the project’s current design.
The development will take shape on a lot Unico bought last year for $21 million, which included the office building at 1430 Wynkoop St. and the parking lot Unico now looks to develop.
After notching several seven-figure office buys in the Denver market, Unico launched a Denver development arm this year. The Seattle-based firm is also planning a Platte Street project with 80,000 square feet of office space and ground floor retail.
Unico’s other recent acquisitions include the Denver Club Building, the Elephant Corral Building and a cluster of Cherry Creek office buildings at Second Avenue and Josephine Street. The firm also recently renovated an office building at 1660 Lincoln St.