Posts tagged with first avenue hotel

Last Updated: Jun. 12, 2018 · 7:40 p.m.

First Avenue Hotel is set to become affordable micro-apartments on Broadway — with millions in city help

The city of Denver is nearly ready to help a developer restore and expand the historic hotel property at 101 Broadway.

Altogether, the historic building and a new addition could bring more than 100 apartments to the corner near Punch Bowl Social.

An eight-story mixed use development with both retail and office space should open next spring at 2560 Welton Street, developers announced Friday.

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Palisade Partners purchased the 105-year-old hotel at the tip of Welton and Washington streets earlier this month for $6 million.

Zocalo Community Development is asking the city for an affordable housing loan and the Denver Urban Renewal Authority for additional investments.

Developers up and down Denver's South Broadway want to enhance the corridor without changing the feel of the area.