Cadence at Union Station will be extremely energy efficient.
Zocalo Community Development on Wednesday will celebrate the ground breaking of the Cadence Union Station, a luxury, energy efficient apartment community next to the historic train station.
Cadence is a 220-unit, LEED Gold certified community at 17th and Chestnut streets.
Denver Mayor Michael Hancock is scheduled to speak. Other speakers will be David Zucker, principal of Zocalo and RTD General Manager Phil Washington.
“We are proud to be the first developer to build a rental community at this key transit hub,” Zucker said. “Cadence will offer a unique blend of sustainability and upscale amenities at a competitive price.”
Cadence will feature a rooftop pool and lounge area, rooftop fitness center, a secure parking garage and a variety of community gathering areas, including a lobby-level lounge complete with a piano and bar. The project will include studios as well as one-bedroom and two-bedroom apartments. Units will average 808 square feet and will rent for an average of $1,600 per month.
Green features at Cadence will include:
- A recycling program on every floor.
- Energy Star appliances.
- High-performance water fixtures.
- High-efficiency lighting.
- Low VOC paints, adhesives, sealants and carpets to improve indoor air quality.
Overall, it is anticipated that Cadence residents will spend 50 percent less on their utility bills than they would living in a similar non-LEED certified building.
The following businesses were instrumental in bringing Cadence to market:
- Principal Real Estate Investors.
- Bank of the West Commercial Bankin.
- Guaranty Bank and Trust Co.
- JG Architects.
- KL&A Inc.
- GE Johnson.
Cadence is the fourth LEED certified multi-family housing project developed by Zocalo in Denver. The company’s other high-rise apartments in downtown include 2020 Lawrence, a 231-unit development under construction in Denver’s Arapahoe Square neighborhood and Solera, a 120-unit luxury project sold for a record $37 million in 2011.
Have a story idea or real estate tip? Contact John Rebchook at JRCHOOK@gmail.com. InsideRealEstateNews.com is sponsored by Universal Lending, Land Title Guarantee and 8z Real Estate.
As if this “High-performance water fixtures” will really make a dent in COLORADO water consumption.
Until we stop the farm subsidies that support wasteful water use for sugar beets, your toilet don’t mean shit in overall water consumption.
That’s weird, the actual groundbreaking was months ago. Usually the ceremonies happen before any dirt is moved; they’ve already finished all of the underground levels as moved past street level.