The surface parking lot located at 2000 Blake Street directly across from Coors Field will be rezoned to allow for an 8-story mixed-use apartment building.
The site was purchased by Filmore Capital Partners in Feb 2019 for $17,750,000 as part of a package deal with 1937 Market St and 1949 Market St.
Fillmore Capital Partners, based out of California is a private investment company with principal focus on healthcare, retail, multifamily, affordable housing, entertainment and hospitality.
According to the Denver Planning Board, Fillmore Capital is working with the Denver Department of Housing Stability on a voluntary commitment to reserve 12.5% of units for households earning up to 80% of the area median income, which is approximately a little over $60,000.
Exact building plans have not been revealed, however the required ground floor commercial zoning will bring even more commercial horsepower into the already booming Five Points neighborhood which has been growing above the Denver annual average of 1.46%.
We anticipate this development will be well received similar to The Ball Park Lofts and other modern housing complexes that feature commercial utility with well-located residential units.
We'll be sure to check back at ground breaking and once building plans and renderings are revealed.