Completion Of Latest Downtown Denver Condo Project Delayed By A Year
The scheduled opening of the largest condominium development in Denver since 2009 has been delayed by a year.
Construction of the project in downtown Denver, recently named Upton Residences, began in early 2022. A Denver Business Journal report at that time noted that the project, at 18th Street and Glenarm Place with more than 461 for-sale residences, was expected to be finished by mid-2024.
This week, however, DBJ quoted a statement by Amacon, the project’s Canadian developer and construction firm, stating that completion is now expected by mid-2025.
Amacon purchased local watering hole Shelby's Bar & Grill in 2018 and razed the structure to make way for the condo project, removing one of the last true dive bars in downtown Denver.
Once ready, Upton Residences will feature residences with prices starting at more than $400K. According to The Denver Post, the project will have two towers, one 38 stories and the other 32 stories tall, with 12K SF of ground-floor retail and more than 500 parking spaces.
“While downtown Denver has no shortage of rental units, Upton Residences is opening up new doors for homeownership in the heart of the city,” Amacon Vice President of Marketing and Sales Stephanie Babineau said in a press statement.
Designed by Davis Partnership Architects, Upton Residences will be one of the tallest structures in downtown Denver. The building’s residences, ranging from studios to one, two and three bedrooms, will also feature floor-to-ceiling windows and a private exterior balcony or patio.
“The addition of the Upton Residences to Upper Downtown is impactful on many levels, not least of which is the addition of much-needed for-sale housing in our center city,” said Kourtny Garrett, president & CEO of the Downtown Denver Partnership, in the company’s press statement.
Condo development in Denver has been gratingly slow in the last 15 years, with just a handful of large-scale projects going up in the city despite a stubborn housing shortage.
