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Redevelopment of a portion of the former St. Anthony Central Hospital site to include renovation of an existing office building and a new retail building.

Approval Date

2015

Developer

LCPW Sloans 1525 LLC

Total Project Cost

$11 million

DURA Participation

$1.65 million in developer reimbursement through TIF

Tax Increment Source

Property and Sales Taxes

Term

Earlier of developer reimbursement or the year 2040

Project Highlights

  • Block 7 East brings new vitality and reinvestment to the area through added retail and professional office space.
  • Redevelopment of vacant land and reactivation of an existing office building with parking.

The Urban Redevelopment Area is comprised of approximately 32 acres and is located 2.5 miles west of Downtown Denver’s Central Business District primarily on the former campus of the St. Anthony Central Hospital in the West Colfax neighborhood. The Urban Redevelopment Area is generally bounded by Stuart Street on the west, West Colfax Avenue on the south, Perry Street on the east, and West 17th Avenue on the north.

The majority of the Urban Redevelopment Area was occupied by the St. Anthony Central Hospital campus for more than 100 years prior to its closure. The first medical facility of the St. Anthony Central Hospital opened in May 1892 after successful fundraising by seventeen Sisters of St. Francis of Perpetual Adoration. The original facility was a four-story brick building trimmed with granite and had wards with 120 beds and private rooms with 60 beds. Almost 70 years later, hospital leaders saw the importance of establishing a new, more modern facility to better serve Denver’s north metro area. The new St. Anthony North Hospital building opened in 1971 and enjoyed a successful 40-year partnership with its communities, offering state-of-the-art health care services and countless community education and support programs.

In the early 2000’s, hospital leaders again saw the need for a newer facility but in a location that could more easily serve their large patient network and accommodate future growth. These leaders identified a site at West 2nd Place and Routt Street near the Denver Federal Center in the City of Lakewood. In June 2011, St. Anthony Central Hospital officially closed and moved to the new St. Anthony Medical Campus approximately six miles southwest of the original St. Anthony Central Hospital site.

The remaining portion of the Urban Redevelopment Area located between Raleigh Street on the west, West Colfax Avenue on the south, Perry Street on the east, and West Conejos Place on the north is occupied by market-rate rental apartments, an affordable rental high-rise building for seniors, condominiums, and commercial buildings fronting West Colfax Avenue. The surrounding community of the Urban Redevelopment Area to the south, east, and west is primarily comprised of single family home residences. To the north is Sloan’s Lake Park, a 177 acre lake and city park.

In 2013 the master developer, EFG Brownfield Partners (EFG), purchased the 19-acre site of the former St. Anthony Central Hospital in northwest Denver and began demolition and remediation of the property. In early 2015, EFG sold the eastern half of the block facing Colfax Avenue to LCPW Sloans 1525 LLC (LCP). LCP began reconstruction and abatement of an existing office building, with plans to convert the building into approximately 57,000 rentable square-feet of professional office and ground floor retail space. A new 6,000-square-foot retail building was built along Colfax Avenue with space for three tenants.