06/03/2026
In 2007, the masterplan created by Continuum and East West Development for the Union Station transit redevelopment included a Metropolitan District for the benefit of the neighborhood. Last week, the City of Denver, Downtown Denver Partnership, Biennial of the Americas, and other partners celebrated a groundbreaking to add a secure bicycle hub in the space along with permanent art installations and community gathering spaces that are a result of that original investment.
The owners of three buildings that make up the bulk of the district — the Triangle Building, the Limelight Denver hotel and Continuum Partners' headquarters at 1881 16th St. — agreed to continue being taxed at a higher rate even after the Union Station bonds had been paid off for improvements to the neighborhood, Continuum's Falcone said.
"It just goes to show that people that reinvest in their neighborhoods are going to benefit in the long run," Falcone said. "We always say, as owners, that we benefit from the rising tide. No individual building can create value on its own. It's the entire neighborhood that has to do that."
