Denver-based Confluent Development wants to redevelop the Diamond Hill office complex in Jefferson Park for both office and residential use.
The company submitted a concept plan to the city at the end of last week, proposing to build the following new structures on the 7.4-acre parcel at 2420-2490 W. 26th Ave.:
• A 451-unit multifamily building with 10,866 square feet of retail space and 413 parking spaces.
• A second 569-unit multifamily building with 44,674 square feet of retail space and 499 parking spaces.
• A pair of connected office buildings with a combined 411,187 square feet of office space, along with 3,600 retail square feet and 707 parking spaces.
The office buildings would be on the southern portion of the lot, and the multifamily buildings on the northern portion. The plans show a new road extending into the site.
The parcel, which Confluent’s proposal refers to as “Diamond Hill East,” is currently home to four office buildings, which according to city records date to 1972. The property is zoned for up to 12 stories.
Earlier this month, Confluent submitted a development proposal for “Diamond Hill West,” the complex’s 3.1-acre parking lot located across Alcott Street. The company proposed two multifamily buildings with a combined 351 units and 264 parking spaces.
The plans don’t reference whether the multifamily buildings would be apartments or condominiums.
Los Angeles-based Gemini Rosemont put the entire 10.5-acre site on the market earlier this year, saying the site had redevelopment potential. Gemini Rosemont paid $13.5 million for the entire site in 1994, records show.
A spokesperson for Confluent acknowledged the submission to the city and said the company plans to release more information in the near future.
In Lowry, Confluent and Englewood-based Kelmore Development are developing the Exchange at Boulevard One retail complex, which has lured Target and Clark’s Market as tenants. The company is also overseeing the development of Vectra Bank’s new headquarters building in the Denver Tech Center.