Last week we talked about all the exciting developments with the new terminal at Denver International Airport including our favorite part... a train that connects the new Union Station project and DIA. While not scheduled for completion until 2016 this project is already sending ripples through the world of real estate. Commercial developers and large business tenants are looking at the new Union Station Neighborhood site for their office buildings and retail spaces. For them its an opportunity to locate close to the hub of public transportation and allow their employees easy access through the many lines of the RTD light rail system. It's also an opportunity to be at the gateway to Denver with easy access to the rest of the world via one train pass and one airline ticket.
These commercial developers and their tenants are also attracted to the great residential options that already exist right next door and the new ones that will be created. Union Station Neighborhood is a new pulsating heart of the city of Denver and both in and around it it will be many exciting Denver loft and condo projects. Walk one way and you are right in the heart of Downtown Denver with options like the Ice House, Sugar 3, SPIRE and many converted historic loft and condos. Go the other way over the Millennium Bridge and you have all of Riverfront Park and the entrance to LOHI.
It's Riverfront Park we wanted to focus in on today. Being just on the other side of the Millennium Bridge and being on next to Commons Park this neighborhood may experience the biggest boost from the benefits of the new Union Station Neighborhood and the extension train to DIA. Convenient access to plane travel is important, more so for some. If you fly out for work once a week, to visit family once a month, or like to jump on those last minute bargains to put you on a beach across the world on a regular basis the benefit of walking out your front door and doing a commute without driving or parking can be very attractive. Almost every major city has a public transit train system from their airport into their downtown. This is one of the few areas where Denver has been behind the pack. But not anymore. And the possible implications for property values and the urban development around these transit hubs can be seen in other cities. Riverfront Park may be the most well positioned neighborhood to reap these rewards.
So we ask those of you who know Riverfront Park to tell us which condominium building in their neighborhood is your favorite. The poll is below and we look forward to hearing what you think. Those of us at New Era Realty have our own favorites and each building is unique in it's own way and for it's own reasons. If you aren't familiar with Riverfront Park or want to learn more please contact us at 303.991.9878 or 800.392.1950. We would be happy to take you on a tour of the exciting neighborhood and detail all the different buildings here.