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Larimer Square owner buys new mixed-use building as it grows Denver portfolio
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Developer scraps Golden Triangle office project and plans apartments instead
BusinessDen file)
A local developer’s plans for a lot in the Golden Triangle have changed from office to residential.
Denver-based Alpine Investments, led by Churchill Bunn, last week submitted plans to the city proposing a 12-story, 109-unit apartment project at 955 Bannock St.
The company had previously proposed a 10-story office building on the 0.36-acre lot, which currently has a two-story office and retail building on it.
“Given the uncertainty in the office leasing market, and for financing new office projects, we saw switching gears as a prudent decision given the location will support a variety of uses,” Bunn said in an email Monday. “Pending city feedback, we’re targeting groundbreaking Q1 2022.”