On March 17, 2025, the Denver City Council approved a resolution authorizing the City to enter into a Letter of Understanding with Union Pacific Railroad Company for the purchase of property located at 1430 14th Street in Denver’s Auraria Neighborhood. The agreement secures the 0.43-acre parcel for a purchase price of $5,284,125, with the transaction scheduled to close by May 11, 2025. The site, situated in Council District 3, is strategically located near major infrastructure, cultural institutions, and downtown activity centers. This acquisition is a key component in broader city planning and redevelopment initiatives focused on placemaking and connectivity in the South Platte River corridor. The parcel will enhance Denver’s ability to support future urban revitalization and public-serving projects.
This property acquisition positions the City of Denver to lead strategic redevelopment and community investment in the Auraria neighborhood. It marks a significant step toward shaping future land use and public infrastructure along the South Platte River corridor.