WOW! This is just a few blocks to the north of Epic on the Park Condos...just confirms how Colfax is changing and how AMAZING this area is...read on....
By John Rebchook
Wednesday, February 6, 2008
The St. Charles Town Co. is planning an $80 million apartment community with ground-floor retail near its Lowenstein Theatre development along East Colfax Avenue.
The new development would be built on a site bordered by Colfax, East 16th Avenue, York Street and the East High School teachers' parking lot.
The development marks the first new apartment building along East Colfax in Denver in memory, said Larry Nelson, chief development officer for St. Charles.
It's "more or less" across the street from the $16 million Lowenstein, anchored by a Tattered Cover Book Store and the Twist & Shout music store.
Lowenstein, after being vacant for about two decades, began opening in phases in 2006. It is now mostly occupied, with the most recent addition being the Encore bar-restaurant.
Construction likely will start in December and take 18 to 24 months to complete, Nelson said.
Plans call for 260 apartment units, with four stories on one side and five on the other, and 17,000 to 18,000 square feet of retail.
"We're calling them market-rate units, but you could say they are luxury units," Nelson said. "It will have a swimming pool and nice amenities."
Semple Brown Design is the architect.
Part of the current site houses the Church in the City, which has occupied a former Safeway building on the property for the past 16 years.
The church hopes to move into the former Beth haMedrosh Hagodol synagogue at East 16th Avenue and Gaylord Street, which St. Charles purchased in the fall.
rebchookj@RockyMountainNews.com or 303-954-5207
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