A new 12-story, 233-room hotel will be built around the historic Denver Hose Company No. 1 building. Perhaps you know this area better as that place with that oddly derelict building in the otherwise redeveloped Union Station. 

You know, this spot?

The building was unanimously rejected for demolition by the Denver Landmark Commission back in 2011, says Historic Denver. The act preserved what may be Denver’s oldest standing fire station. More on the building from Historic Denver:

“Denver’s Hose Company No.1, just west of Coors Field, is one of the city’s oldest and most unique landmarks. Constructed in 1883 for Denver’s Volunteer Fire Department it served the neighborhood known as the ‘Bottoms,’ today part of the Central Platte Valley. By 1922 it was no longer serving its original purpose and was instead converted into a print shop and later a welding shop, a purpose it continued to serve until at least the 1980s.”

Now the plan is to restore the building and incorporate it into the hotel. The whole project is expected to cost at least $69 million and CBRE Hotels secured the loan on behalf of Focus Property Group.

Focus Property Group will develop the hotel and its meeting rooms, fitness center and other amenities as its first hotel project. Davidson Hotels will be the operator.