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About Denver's Union Station

Federal loan opens development door at Union Station

Jude Sandvall, ABR, CNE, SFR 720-255-1021: Real Estate Agent in Aurora, CO

Federal loan opens development door at Union Station - The $304 million federal loan to fund the redevelopment of Denver's Union Station clears a major obstacle blocking new construction in the surrounding area, private developers said. But the loan, announced Friday, won't set off a land rush in what remains a difficult market for commercial-real-estate projects. The final confirmation of the loan was a pre-condition of IMA Financial Group locating its new headquarters, a $32 million, five-story building, just north of the station at 18th and Wynkoop streets.
http://www.denverpost.com/businessheadlines/ci_14345339

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City of Denver aids Union Station project

Jude Sandvall, ABR, CNE, SFR 720-255-1021: Real Estate Agent in Aurora, CO
An article from The Denver Post, reports that the city will buy Market Street Station next year to help fund the redevelopment of Union Station. The deal is subject to RTD agreeing to the lease the space until Union Station is done - RTD currently owns Market Street Station. While the city will be funneling $11.4 million into the project, it will later recoup that money when it sells the property to Union Station Neighborhood Co.
http://www.denverpost.com/business/ci_10740534

www.judesandvall.com