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December 4, 2020
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MULTIFAMILY NEWS
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Transwestern Development Company Buys Dev Site in Denver’s River North Arts District

11/02/20

Transwestern Development Company (TDC) acquired 0.8 acres at 3712 – 3740 N. Downing St in Denver's popular River North Arts District (RiNo) with plans to develop a Class A multifamily midrise project. The site was a four-parcel assemblage at the intersection of Downing and Walnut Streets. It sits just two blocks from the 38th and Blake light rail station, providing one-stop access to Union Station and a direct line to the airport.

TDC will construct a nine-story building with 200 units. The firm is advancing design with a groundbreaking targeted for mid-2021.

"As one of the nation's most sought-after submarkets, RiNo represents an ideal neighborhood for Class A multifamily development," said Brendan O'Leary, Partner at TDC. "This site is in the midst of a cluster of new mixed-use development, and RiNo has emerged as the most dynamic neighborhood in Denver due to its authentic character and unique bar and restaurant scene."




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