Denargo Market, a new four-acre park area that is the first phase of Denver’s largest infill development project, is seen from above on Thursday, Sept. 28, 2023. The development will cover 17 acres and add 3 million square feet of commercial and residential space in the River North Art District.
Although Brighton Boulevard and the RiNo neighborhood have plentiful retail and restaurant options with more coming, earlier developments at Denagro Market, near Arkins Court and Denargo Street, didn’t include ground-floor retail. The development further opens up the South Platte River, long hidden in many places, to the larger community. Among the public amenities are a new sports court, a revamped dog park, a pedestrian plaza, a half-acre great lawn and splash pad, a community garden and what is expected to be one of the city’s largest public art installations. Denver Parks & Recreation is working on improving the parcels directly along the river.
For starters, the land is on a former landfill and needs extensive environmental remediation, said Laura Newman, vice president of investment and development at Golub, which is based out of Chicago. Of the total of 3 million square feet Denver approved, campus-like office opportunities ranging from 200,000 square feet to 1.5 million square feet are being marketed.
Golub and Formativ donated land for a building with 56 units of affordable housing designated for teenagers who age out of the state’s foster care system and find themselves homeless. Pennrose will develop the community and Boulder-based TGTHR will provide services to help homeless youth aged 18 to 24.
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