Apartment building planned for last undeveloped lot behind Union Station

Apartment building planned near Union Station in Denver

The 1901 Chestnut Place lot is currently used for parking. (Matthew Geiger photo)

Plans have been submitted for the last undeveloped lot behind Union Station.

Denver-based Focus Property Group proposes a 12-story, 204-unit apartment building at 1901 Chestnut Place in a concept plan filed with the city last month.

The structure on the corner of 19th and Chestnut would have about 13,000 square feet of retail space, and 172 parking spaces on floors one through three, plans show. Residential units would begin on the fourth floor. JNS Architecture + Interior Design is the architect listed on the plans.

A Focus executive did not respond to a request for comment. The company has owned the property for more than a decade, records show. Next door at 1999 Chestnut Place, the company developed a 12-story, 233-room Hilton Garden Inn, which opened in early 2019.

Focus has developed a number of Denver-area projects in the office, retail, hotel and self-storage sectors. Focus President Josh Fine told BusinessDen in early 2021 that the company planned to start developing apartments.

Focus also previously owned the adjacent property at 2059 19th St. It sold that lot to Denver-based Pando Holdings in 2019. Two years later, once development plans for a 12-story apartment building were approved, Pando sold the property to South Carolina-based Greystar, which is currently constructing the project.

The city saw a surge of concept plan submissions leading up to June 30, as developers sought to be grandfathered in from new income-restricted housing regulations that went into effect this month.

Apartment building planned near Union Station in Denver

Apartment building planned near Union Station in Denver

The 1901 Chestnut Place lot is currently used for parking. (Matthew Geiger photo)

Denver-based Focus Property Group, which developed an adjacent hotel, has owned the property for more than a decade.

You must be a member to access BusinessDen's exclusive reporting.

Your subscription has expired. Renew now by choosing a subscription below!

For more information, head over to your profile.

Profile


SUBSCRIBE NOW

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING AARON@BUSINESSDEN.COM.

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.




Return to Homepage

111608