{"id":1004050196,"date":"2012-10-03T06:14:41","date_gmt":"2012-10-03T14:14:41","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=72549"},"modified":"2020-04-13T11:45:12","modified_gmt":"2020-04-13T19:45:12","slug":"zocalo-breaks-ground-on-first-apartment-building-at-denver-union-station","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/zocalo-breaks-ground-on-first-apartment-building-at-denver-union-station\/","title":{"rendered":"Zocalo Breaks Ground on First Apartment Building at Denver Union Station"},"content":{"rendered":"<p>By Gabriel Circiog, Associate Editor<\/p>\n<p>Zocalo Community Development Inc. has broken ground on the first apartment building to be built in the Denver Union Station redevelopment area, the <em>Denver Business Journal<\/em> reports. Mayor Michael Hancock, Regional Transportation District General Manager Phil Washington and other Denver City and transportation officials attended the groundbreaking ceremony. <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/10\/Cadence.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-72550\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/10\/Cadence.jpg\" alt=\"\" width=\"300\" height=\"225\" \/><\/a><\/p>\n<p>Located at 17th and Chestnut Streets to the west of the historic station, the 13-story apartment building\u2014dubbed Cadence\u2014will include 219 apartments and ground-level retail. The average apartment size will be 810 square feet and the average rent will be $1,600 per month.<\/p>\n<p>Designed by New York-based JG Architects PLLC, the complex is targeting LEED Gold certification. Cadence aims to achieve energy savings close to 70 percent compared to EPA apartment averages. The complex will also feature bicycle storage and a \u201cVelo Room,&#8221; as well as a rooftop pool.<\/p>\n<p>Situated 100 feet from two commuter rail lines, including the new line to Denver International Airport, Cadence is the company\u2019s third high-rise apartment development in the metro. Zocalo completed the construction of Solera Apartments, located at 1956 Lawrence St., in 2010. The LEED Gold-certified development features 120 apartments with two commercial units in a 11-story high-rise building. The company is also halfway through the construction of 2020 Lawrence Apartments\u2014a 231-unit, 10-story development that will include 9,100 square feet of commercial space.<\/p>\n<p>Denver-based Zocalo has appointed G.E. Johnson Construction Company as general contractor for the Cadence project. The Colorado Springs-based company has already laid much of the building\u2019s foundation, and the development is expected to begin pre-leasing in the fall of 2013. The equity partners of Zocalo include Principal Real Estate Investors, Bank of the West and Guaranty Bank and Trust.<\/p>\n<p>For more market data from Denver, please <a href=\"https:\/\/www.multihousingnews.com\/news\/market-snapshot-strong-employment-boosts-demand-in-denver-sending-construction-to-nine-year-high\/1004059123.html\" target=\"_blank\" rel=\"nofollow\"><strong>click here<\/strong><\/a>.<\/p>\n<p><em>Rendering Courtesy of: www.zocalodevelopment.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zocalo Community Development Inc. has broken ground on the first apartment building to be built in the Denver Union Station redevelopment area,<\/p>\n","protected":false},"author":1269,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1587,21742],"tags":[],"class_list":["post-1004050196","post","type-post","status-publish","format-standard","hentry","category-denver","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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