Comment on Site of planned apartments in Denver’s Lincoln Park neighborhood fetches $12.5M

Site of planned apartments in Denver’s Lincoln Park neighborhood fetches $12.5M

A development site in Lincoln Park has traded for double what it fetched two years ago. Jeff Shanahan, a local income-restricted housing developer, sold his 1530 W. 13th Ave. property earlier this month for $12.5 million to Atel Street LLC, according to public records. He had planned to build nearly 200 apartments on the 1.4-acre site. The deal works out to $205 a square foot for the land.

 

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