A sturdy two-story building in a commercially vibrant section of Denver is on the verge of gaining two new floors as part of a plan to turn it into a mixed retail and office space.
Located at 2100 Larimer Street, the structure has through the decades housed a number of commercial enterprises, including a hotel, and more recently a comedy club and bar.
But now a new development team wants to build two new floors to the top of the 11,600 square-foot building, creating only the latest mixed-use project in what is known as the Lo Do District.
That district is comprised of some of the oldest and most historic commercial structures in Denver.
The team is made up of the Denver-based development firms of Magnetic Capital and the Monfort Companies.
As announced, the project is being presented as a development that will have a positive impact on the surrounding neighborhood.
In a statement, Daniel Huml, managing principal with Magnetic Capital, said, “by creating new opportunities for retail and office space at 2100 Larimer Street, we’re confident we can further define the character and influence of the future of one of Denver’s most important entertainment districts.”
Design work for the project is being handled by 4240 Architecture and Chord Design Studio, both based in Denver.
If all goes as planned, work could begin on the redevelopment of the structure later this year, with a general completion date of late 2020.
By Garry Boulard
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