A Colorado Neighborhood On The Rapid Monitor

The tale of Denver’s Union Station neighborhood has often been indivisible from its namesake — the landmark railroad terminal that has confronted a honest share of trials and triumphs in its journey to the current.

Opened in 1881, Union Station has been a veritable phoenix, soaring time and time once more from the ashes — rather pretty much. In 1894, the building was partly destroyed in a fireplace. In the subsequent many years, with the rising domination of air journey, Union Station and its bordering space endured but continued to chug alongside.

Factors started to adjust in 2010 when the Union Station Revitalization Undertaking was introduced. In just four decades, the station reopened, fitted with eating places and an upscale lodge, and 122 of new commuter rail strains and 18 miles of immediate bus transit spanning out from its central, downtown place.

Now, regional serious estate brokers say the neighborhood is thriving. New eating places, bars, and retail have transformed this as soon as rail property into a vibrant downtown and a single of Denver’s most sought-right after dwelling destinations.

“Union Station is genuinely the first accurate city option in Denver wherever you can stay without having a car or truck,” mentioned Brad Arnold, executive vice president and running broker for Slifer Smith & Frampton Serious Estate. “You can find the citywide transit, but right in the community, you can find also places to eat, bars, Full Food items, the Centre for Carrying out Arts — all a five-10 minute walk.”

The Properties

Options for establishing the neighborhood included constructing in excess of 2,000 new residential units, which includes developing model-new condominium properties — these kinds of as the Coloradan and the Glass Property — fitted with contemporary facilities.

Finished in 2019, the Coloradan offers a club-lounge and pool-deck on the 18th flooring, a group library, a backyard garden and 24-hour concierge services. Like housing in the rest of the community, maybe the finest amenity is the proximity to Union Station — a mere four-moment walk away.

Architecture seen in the course of the neighborhood is often modern and indicative of Union Station’s downtown site. Tall, minimalistic glass and steel properties now determine the place. Industrial flourishes these kinds of as concrete supports, black metals and exposed brickwork are usually integrated and provide as a nod to Union Station’s heritage.

The Pricing

Denver is in one thing of an enigmatic actual estate boom. As of September, the typical home selling price in Denver was at an all-time high—$606,300, in accordance to the Metro Affiliation of Realtors.

As one of Denver’s leading neighborhoods, Union Station is earlier mentioned that average—the median price being $702,499 in 2020. For that cost, prospective buyers can discover a single or two-bed room residences in condominium superior-rises or lesser loft-fashion condos in more historic properties.

Studios and smaller sized 1-bedroom models (commonly 500-800 square ft) make up the decrease price details, which hover all-around $300,000.  

Better price tag factors get you luxurious penthouses in the newest structures in Union Station. Those people ready to shell out top rated greenback are rewarded with enviable views of the Denver cityscape and the iconic peaks of the Front Array of the Rocky Mountains.

The Vibe

“When the station reopened, the neighborhood became additional hustling and bustling with people today,” said Arnold. “It feels really European with all the travelers, functioning folks, youthful people today hanging out, buyers, people going to bars and places to eat.”

Situated inside of Union Station are some of Denver’s most legendary landmarks like the Museum of Present-day Artwork or Larimer Sq., a historic browsing district with eclectic shop picks that assortment from pet dog boutiques to hat artisans.

Then there is, of training course, Union Station alone, which is household to some of the area’s greatest bars and dining places, like Terminal Bar, an upscale gastropub that provides 30 Colorado crafted draught beers.

The Educational institutions

Even though no schools are situated immediately in Union Station, students are still served by Denver Community Schools specifically to the south of the space — Greenlee Elementary University, Grant Middle School, and West Superior University.

At Grant Middle University, 46% of learners achieved or exceeded specifications for the Colorado Steps of Educational Achievements (CMAS). The statewide common was also 46%. 33% of students had been proficients in science for CMAS compared to the point out regular of 31%.

Personal university selections are also available to Union Station people, such as close by St. Elizabeth’s or Annunciation Catholic University.

The Surroundings

Having Denver’s central transportation hub inside its borders indicates people of the Union Station community can obtain access to just about any corner of the town and over and above by means of the RTD Bus & Rail program.

Denver Worldwide airport is a fast 40-minute educate ride east. To the west, in fewer than an hour, the FF1 line puts you in Boulder. Even further west (about 70 miles from Union Station) are Colorado’s greatest resort cities, these as Breckenridge and Vail.

If trains usually are not your point and you’re seeking for a little something walkable, the Denver Central Market is only a mile absent, and continuing northeast will get you to the River North Art District.

Slifer, Smith & Frampton is an unique member of Forbes World Qualities, a shopper marketplace and membership network of elite brokerages promoting the world’s most deluxe homes.