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Market Street Station sold to Continuum Partners

market street station

Market Street Station sold to Continuum Partners for $14.5 million. Continuum Partners is planning to build a $150 million mixed-use development on the two-acre site. The 370,000 square foot development will include 90,000 square feet of office space, 85,000 square feet of retail space and approximately 225 rental units. The project also includes two levels of underground parking, totaling 350 parking spaces for both tenant and public use. The two-acre parcel is located between 16th and 17th Streets and Market and Blake Streets, however, the Regional Transportation District headquarters building which is located at 1600 Blake St. was excluded from the sale. Some of the rental units will be micro apartments which is an emerging trend in multifamily developments. Continuum Partners plans to break ground on Market Street Station in fall 2016 and expects completion by late 2018.