The Bonnie Brae Tavern, which was in business in that iconic Denver neighborhood for 88 years and seen in the photograph on the left, was sold to real estate developers back in June of 2022. It opened in 1934 in the middle of the Great Depression. Explaining the reason for selling, Ricky Dire, one of the two owners, both of whom are grandsons of the couple that founded the place, said that the 88-year-old building had 88-year-old plumbing and electrical, and the City of Denver would soon be requiring that it be brought up to code. Plus, Dire added that the restaurant business is "hell." They had to put money into the business to keep it going during Covid, and staffing during that time was a nightmare. And they couldn't afford the $20-per-hour wage it now takes to obtain staff.
And so, last year the building was torn down, as seen in the photograph on the right, to make way for a luxury apartment complex called akin Bonnie Brae. This is actually a pretty large piece of property, which consisted of the Bonnie Brae Tavern, a dry cleaners next door, a free-standing gift store on the corner, and a very large parking lot.
And now the project is taking shape, as seen in the photograph on the left. Akin Bonnie Brae will bring a new, 3-story, 46-unit luxury apartment building to the Bonnie Brae neighborhood, with 15 different floor plans to choose from. In addition to those luxury apartments, there will be 7,500 square-feet of ground-floor retail. The Bonnie Brae and neighboring Belcaro neighborhoods, in close proximity to Washington Park, have always been upscale, and so this building will fit right in. The Phipps Mansion, a gigantic home with over 70 rooms and once owned by the University of Denver and used as a conference center, is right down the street. Back in the day, the annual University of Denver Christmas Party was held in that mansion's Tennis House, and after dinner people were welcome to walk up to the mansion for a self-guided tour. Dinner, drinks, dancing, and hanging out in a mansion. Those were the good old days for sure. In any case, akin Bonnie Brae is preleasing in Fall 2026 for early 2027 move-ins. Prices to be determined. Be sure to get your application in soon! And bring your retirement savings with you.


















