DENVER - One of the few remaining parcels in LoDo has been acquired by a West Coast developer.
A 15,655-square-foot parcel called Block 47 at the corner of 16th and Market streets was owned by Integrated Properties Inc., which built 16M, a mixed-use property that sold earlier this year.
The property sold to an undisclosed buyer for an undisclosed price. The sale has not yet been recorded in the public record.
"Block 47 is one of the last prime lots in LoDo and is the ideal location for a quality new development," said Bruce Deifik, president and CEO of Integrated Properties. "The purchaser, a visionary developer, was able to see the value in the land."
(© 2015 American City Business Journals. All rights reserved.)