Denver Business Journal reporter Molly Armbrister reports on East West Partners and Amstar Advisers plans to build a $200 million, 342-unit condominium project.
The 342-unit project, dubbed the Coloradan, will be built near Union Station and construction is expected to begin next summer. The units will price from $250,000 to $3 million, and is one of just a few condo developments under way in Denver's metro area. The Coloradan is expected to be finished in 2018.
"For over 25 years, Amstar and East West have witnessed the growth of this impressive city; that continued growth, coupled with supply-side factors create an excellent opportunity for condo development."
"Since opening in 2014, Union Station has quickly become the new heart of downtown Denver, and The Coloradan will be at the heart of Union Station, making it the most exciting downtown living opportunity in the city," said Chris Frampton, managing partner of East West.