Balfour breaks ground on $74 million senior living project

Balfour Senior Living plans to build a $74 million senior living community in downtown Denver. 

The company broke ground last month on the Balfour at Riverfront Park at 15th and Little Raven streets adjacent to the Moffat Train Depot, a 1,200-square-foot historic building that will be incorporated into the project as a great room.

The age-restricted community will offer a full range of independent, assisted and memory-care living choices. 

"Colorado has a new generation of seniors who want to enjoy downtown Denver’s dynamic urban lifestyle," says Michael Schonbrun, CEO and founder of Balfour Senior Living. "Until now, seniors have had few options for upscale downtown living, and few anywhere in the state will offer what Balfour at Riverfront Park will provide: an urban lifestyle in a park-like setting where residents have easy access to the city’s leading restaurants, cultural events, entertainment and sports venues."

The 275,000-square-foot, five-story project will include 112 independent apartments; 65 assisted-living apartments; and 27 memory-care units managed by Balfour’s memory care executive director and Alzheimer’s expert.

The project also will feature three dining rooms, a rooftop bar and art studio and several private dining rooms. Residents also will enjoy a fitness center and spa with an indoor swimming pool, hydrotherapy pool and yoga studio.

Balfour also will provide full transportation services, including a private limousine fleet to take residents to and from events, shopping and medical appointments.

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Margaret is a veteran Denver real estate reporter and can be contacted here.
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