386 Units Proposed for $100M Office-to-Residential Conversion in Downtown Denver
DENVER, CO – Following the recent $5.25 million acquisition of the Denver Energy Center, plans are now moving forward to convert one of the complex’s two high-rise office towers into housing.
Photo Sourced from Denver Energy Center Website
Developer Asher Luzzatto, through Denver Energy Center LLC, an affiliate of The Luzzatto Company, purchased the 28- and 29-story towers at 1625 and 1675 N. Broadway earlier this year. The 770,000-square-foot complex, which is currently just 18% leased, was previously known as World Trade Center Denver and was sold out of foreclosure.
Concept plans submitted to the City of Denver on February 13, 2026 outline the proposed conversion of Tower 2 at 1625 Broadway into 386 multi-family residential units. The $100 million adaptive reuse project would repurpose approximately 420,000 square feet of existing office space without expanding the building’s height or footprint.
Under the proposal, Levels 3 through 29 would be converted to residential units, while Levels 1 and 2 would be reprogrammed to include leasing offices, resident amenities, and approximately 3,900 square feet of retail or commercial shell space designed to activate the street level. The existing three-level subterranean garage would continue to provide 120 parking spaces, despite zero parking being required under the Downtown Core zoning district.
According to Luzzatto, the residential tower is expected to include amenities such as a rooftop deck and an internal movie theater, while the adjacent tower at 1675 Broadway would remain office space. Luzzatto has stated that he intends to lean into the property’s energy-industry history, incorporating light and sound elements while targeting tenants in climate and clean energy sectors for the remaining office space.
Infrastructure studies submitted with the concept plans include updated sanitary sewer and water quality calculations to support the change in occupancy from office to residential. The existing steel-framed structure and curtain wall system would remain in place, with life safety, fire protection, and mechanical systems upgraded to meet current high-rise residential code requirements.
Construction is currently estimated to begin in December 2026, with completion targeted for mid-2028.
The Denver Energy Center conversion represents one of the more significant high-rise office repositioning efforts underway in Downtown Denver, as developers continue to explore large-scale adaptive reuse strategies in response to elevated office vacancy rates.
Development Team
Owner: Denver Energy Center LLC, an affiliate of The Luzzatto Company
Developer: Asher Luzzatto
Architect: Beck Architecture, LLC
Civil and Structural Engineer: S.A. Miro, Inc.
Landscape Architect: Superbloom
Design and General Contractor: Beck Group
All project information was sourced from publicly available site plans, renderings, and permitting documents.
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All project information was sourced from publicly available site plans, renderings, and permitting documents.
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