“Construction continues on the $50 million Lydian, an eight-story mixed-use development at 26th Avenue and Welton Street, in downtown Denver’s historic Five Points neighborhood at 2590 Welton St. It is being developed by Confluence Cos. and Palisade Partners.
The Lydian will include 129 apartment residences (with 22 of the units being affordable at 80 percent area median income).
“The intent of the Lydian’s design was to enhance and reaffirm the genuine urban fabric of the Five Points historic cultural district,” said Lydian architect Dan Craine of Craine Architecture. “Patterning, scale, materials and transparency techniques were used to accomplish this intent. Most importantly, the active uses planned for the spaces will bring the building to life and will add to the terrific energy found on the Welton corridor.”
The Lydian is scheduled for completion in June, when the first residents will begin moving in. In addition to apartments, it will include 15,000 square feet of office space and 9,000 sf of ground-floor retail space. Colorado-based Confluence Cos., which has completed 21 multifamily projects in metro Denver since 2010 with over 2,100 total units, has five other projects planned or under development.”
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Oppermann, Kris. Colorado Real Estate Journal 12 April 2018.