Amacon
Upton Residences is the identify that Canadian developer Amacon has assigned to its 461-condo venture in downtown Denver. It is a rendering of what the two-tower venture on the previous website of the Shelby’s Bar & Grill will appear like. (Supplied by Amacon)
Canadian developer Amacon has given its mixed-use condominium venture alongside Broadway at 18th Road and Glenarm Place in downtown Denver a reputation — Upton Residences.
Beforehand known as Block 176 for metropolis planning functions, two towers are rising on the positioning of a former parking zone and constructing that housed the Shelby’s Bar & Grill restaurant near Holy Ghost Catholic Church.
Upton Residences, with 461 condos, will likely be Denver’s second-largest condominium venture as soon as accomplished, trailing solely the 42-story, 496-unit Spire constructing at 891 14th St. that hit the market in late 2009.
Builders have largely averted constructing condos in Colorado, citing persistent development defects lawsuits they are saying have left development insurance coverage both unavailable or at such excessive premiums that protection is untenable. Condos, which as soon as accounted for one in 5 new properties inbuilt Colorado, are right down to fewer than one in 20, relying on the 12 months.
Amacon has constructed hundreds of condos over the previous 55 years and stays assured it will probably keep away from the authorized complications different builders have confronted. The developer, primarily based in Vancouver, B.C., additionally expects sturdy demand from these seeking to personal somewhat than lease in central Denver.
“Whereas downtown Denver has no scarcity of rental models, Upton Residences is opening up new doorways for homeownership within the coronary heart of town,” Stephanie Babineau, vp of promoting and gross sales at Amacon, stated in a launch.
The venture will encompass a 38-story tower and a 32-story tower, together with 12,000 sq. ft of ground-floor retail and greater than 500 parking areas.
Residences will vary from suites to “opulent” Penthouse collections. All of the models could have premium finishes and floor-to-ceiling home windows and most suites could have a non-public exterior balcony or patio, Amacon stated.
Building on the 2 towers began within the spring of 2022 and will wrap up in the course of 2025. The corporate bought the lot again in 2018.
Davis Partnership Architects designed the outside of huge glass partitions with polar white facade that Amacon promised can be distinctive sufficient to function an “architectural anchor inside Denver’s city panorama.”
“Upton will likely be a game-changing landmark that can redefine the Denver skyline,” Steve Featherston, vp of development and improvement at Amacon stated within the launch. “It is going to stand as a tribute to town and set a brand new commonplace for luxurious dwelling.”
West + Foremost Houses, primarily based in Lakewood, is advertising and marketing the condos.
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