The Lydian, an eight-story mixed-use apartment building, was completed by Palisade Partners in partnership with Confluence Companies in 2018. The building boasts 129 apartment units, a portion dedicated to the affordable housing program, and 10,000 square feet of ground-floor retail space housing River Yoga Studio, Fitness in the City, and The Welton Room, serving carefully curated cocktails and coffee. The second floor of the building holds 15,000 square feet of coworking space owned and operated by Venture X.
The Lydian gets its name from one of the major jazz scales known as the Lydian Scale, distinguished for its unique musical color and sound. One of the oldest neighborhoods in Denver, the Five Points district is known for its rich history of a booming jazz and arts scene. The Lydian displays a jazz-themed sculpture with vignettes of Five Points’ history on the exterior of the building so pedestrians can get a glimpse into the neighborhood’s past and celebrate its roots.
The building flaunts a multitude of community and apartment amenities to impress. Residents can enjoy a state-of-the-art fitness center featuring Peloton Bikes, free weights, and even exclusive yoga classes on the rooftop deck. The deck offers sweeping city and mountain views, fully equipped with a spa-inspired wading pool, luxury lounge chairs, gas grills, and a firepit. The structure also includes a resident clubroom, garage parking, bike storage, a secure package system, plus it’s pet-friendly! Individual units include in-unit laundry, quartz countertops, Energy Star eco-friendly appliances, electric temperature controls, walk-in closets, and private balconies in select units.
If residents find themselves wanting to get out and about, the 25th and Welton Light Rail Station is just steps outside the front door to take them into downtown and beyond. There is also easy access West to the mountains via I-70, just a few blocks away. Otherwise, tenants can throw on their walking shoes and walk to explore local eats and drinks that Five Points has to offer; some highlights include Rosenberg’s Bagels, Coffee at the Point, Birdcall, Goed Zuur, and Curtis Park Delicatessen.
The goal in building the Lydian was to meet the values and wishes of both key neighborhood groups and the Landmark Preservation Commission process. The presence of more retail offerings delivered by The Lydian has increased daytime activity in the area, a significant focus of Palisade Partners and neighborhood advocates alike. The Lydian was designed to meet LEED Silver standards, and 25% of the development budget was awarded to Small Business Enterprises. Partnering with CHFA and DURA on this project, the Lydian claimed the NAIOP’s 2016 Capital Markets Transaction of the Year award.