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City to Acquire Condominium Unit for New Denver Public Library at 4965 N Washington Street for $9.1 Million

  • When: 2025/09/08
  • Address: 4965 N Washington Street
  • City: Denver
  • State: CO
  • Category: City Properties
  • Subcategory: Property Purchase
  • Asset Class: Commercial
  • Size (SF): 10000 SF
  • Size (Dollars): $9,100,000.00

The City and County of Denver is approving a Purchase and Sale Agreement with 4965 Washington Street LLLP to acquire a condominium unit for $9,100,000.00. This unit will be part of a planned community at 4965 N. Washington Street that includes 170 affordable housing units, a commercial community serving space, and the new Globeville Library. The seller is responsible for developing an approximate 10,000 SF condominium unit on a turnkey basis for the Denver Public Library, including all improvements, building systems, and millwork. The completion deadline for the Library Unit is September 30, 2027, with a possible extension to November 30, 2027. The city will pay the purchase price at closing, which is expected 30 days after the completion of improvements. The agreement outlines various conditions, warranties, and obligations for both parties, including environmental reviews and title commitments.

Source

Ownership - 4965 Washington Street LLLP


David Block

Developer - 4965 Washington Street LLLP


David Block

Architect - EJ Architecture, PLLC


Elizabeth Johnson

City Representative - Carolina Flores