1245 Elati Street - Rare Denver Development Opportunity
1245 Elati Street, Denver, CO, 80204, US
0.17 ha
JLL Capital Markets has been retained as the exclusive investment advisor for the sale of 1215 Elati Street and 1224 N Speer Blvd. These two sites encompass approximately 18,000sf of prime development land, with over 130 feet of Speer Blvd frontage. The site currently has two single story structures, providing potential opportunities for longer term investment in a covered land play. The sites are located in Denver’s D-GT zoning area. The Downtown Golden Triangle District (D-GT) zoning is designed to encourage a vibrant urban environment that prioritizes pedestrians, promotes a mix of uses, and supports architectural creativity and variety. Key elements include active pedestrian-oriented streets, mixed-use development, and a focus on arts and culture.
The development sites are situated in the city and county of Denver. The two sites sit on the western boundary of the Golden Triangle neighborhood, one of Denver’s most active and prolific neighborhoods. The properties are located between two of Denver’s largest employment centers, Downtown Denver and Cherry Creek North. Combined, they employ over 145,000 people. The opportunity affords a developer or investor an opportunity to acquire two of the last remaining Speer-fronting sites.