New plan for RiNo apartment building calls for seven stories

Seven-story apartment building planned in RiNo

The 3405 Walnut St. lot is currently home to an industrial building. (Thomas Gounley photo)

A seven-story apartment building has been proposed for a corner lot in RiNo.

A concept plan submitted to the city last week calls for the 152-unit project to be constructed on the 0.43-acre lot at 3405 Walnut St.

The plans bear the logo of Denver-based Highland Development. The firm didn’t respond to a request for comment.

The property is currently home to an industrial building. It’s adjacent to the Edit at River North apartment complex recently completed by Denver-based Zocalo Development, and across the street from a full city block recently purchased by San Francisco-based Carmel Partners.

In addition to the residential units, the 3405 Walnut building would have about 5,400 square feet of leasing and amenity space on the ground floor facing Walnut Street. There would be about 75 parking spaces on the remainder of the first floor, as well as one underground level, the plans indicate.

The property is owned by 3405 Walnut Development LLC, which paid $2.15 million in 2015, records show. That entity is affiliated with Denver-based Invent Development Partners, which previously proposed a 12-story project at the site; renderings can still be seen on the company’s website. An Invent executive didn’t respond to a request for comment.

Seven-story apartment building planned in RiNo

Seven-story apartment building planned in RiNo

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