Continuum Partners has acquired Market Street Station in downtown Denver.
Continuum purchased the property, through an affiliate, from the city of Denver for $14.5 million and will develop Market Station. Current plans call for 90,000 square feet of creative office space, 85,000 sf of retail and approximately 225 apartment units.
The $150 million project will break ground next fall, with completion slated for late 2018.
“We are thrilled to be moving forward with the development of the Market Station property,” said Roger Pecsok, Continuum Partners development director. “To have nearly a full city block for development in the heart of Lower Downtown is a unique opportunity.”
Watch CREJ for more information on Market Station.