Downtown Denver condo and loft residents have been tracking the progress of the new Union Station renovation and things have been happening quickly. The Denver Post offered us a year end update on the status of this downtown Denver project. Here's a quick summary...
RTD is uncertain how some elements of its $6.5 billion FasTracks transit expansion will be paid for, but redevelopment of the project's heart — Denver's Union Station — is proceeding rapidly. About 20 acres around the historic rail terminal are being transformed into a new light-rail station, a 1,100-foot-long underground bus depot and an eight-track commuter-rail station, all at a cost of about $484 million.
The Denver Union Station Project Authority plans to renovate the historic station, portions of which are more than 120 years old. The Regional Transportation District is exploring new uses for the rehabilitated station, which could house retail and other commercial tenants.
The authority, which goes by DUSPA, must complete the entire Union Station redevelopment by April 2014.
Read more: Denver Union Station renovation moving along right on track - The Denver Post http://www.denverpost.com/news/ci_16969965#ixzz1A5oTWTpl
2014 is closer than you think... For residents of Riverfront Park and Lodo this means easy access to transportation and all of the great new businesses, restaurants, shops, and other amenities that will fill the Union Station Neighborhood. And it will also mean some great downtown Denver residential condominium projects from the same developer who built Riverfront Park. While it is unlikely that we will have any new residential projects popping up in Union Station anytime soon the great opportunities surrounding this project such as Glass House, Riverfront Tower, Creekside Lofts, ONE Riverfront, Promenade Lofts, Flourmill, The Ice House and more have incredible availability and price points.
Learn more about the great downtown Denver condos and lofts in this exciting area by contacting any of us at New Era Realty. We will keep you updated on new developments in the Union Station Neighborhood, Riverfront Park, and all of Downtown Denver.
Cheers and we hope your New Year has been great so far!