Real Estate Update in Arapahoe Square
At Hexagon, we are committed to supporting and improving the communities in which we live, work and invest. Through development equity for new projects and acquisition capital for existing properties, Hexagon invests in real estate ventures throughout the country.
With that, it is our role to help redevelop and rejuvenate historic neighborhoods through commercial, hospitality and residential use.
Just last week, Hexagon entity affiliate, DC Retreat LLC, sold a 0.65-acre site inclusive of three parcels in Arapahoe Square, one of Denver’s most underutilized neighborhoods according to the city’s 2007 Downtown Area Plan.
Listed as a redevelopment opportunity, the 2165 Curtis corner parcel is a large one-story warehouse with a mezzanine level. Constructed in 1947, the building retains fading auto shop signs from its previous owner, Soneff’s Master Garage.
The 2139 Curtis parcel is a small two-story office building constructed in 1904. The third parcel included in the deal is a parking lot.
Thermo Cos., acting as Venture Development LLC, purchased the site as an investment but doesn’t have immediate plans to redevelop.