Observatory Park, named for the historic Chamberlain Observatory which resides in the park, is one of Denver’s most prominent neighborhoods. The observatory boasts a prized 1894 Alvan Clark-Saegmuller 20-inch refracting telescope, and hosts both weekly and monthly events including the Denver Astronomical Society’s Star Party nights. It’s listed on the National Register of Historic Places and in 2008 underwent a complete renovation with support from a Historic Colorado grand, the Denver Astronomical Society, and the Observatory Park Community (1).
Also home to the beautiful, tree-lined campus of Denver University, this neighborhood enjoys the cultural diversity of a college town with its abundance of lectures, concerts, and theater productions. The students, professors, and locals in the area provide an area that emphasizes intellect and the thirst for knowledge. It’s located near both the light rail line as well as the I-25 corridor, making it convenient as well as an excellent location for commuters traveling to the Denver Technological Center (DTC), downtown, or virtually any other area in the front range. The park itself of the same name is spacious with massive trees and is great for families (it has a large playground area) or to find some solitude amongst the trees.
This neighborhood is a quiet and picturesque area. There are many quaint shopping districts nearby, catering to anyone from college students to the casual shopper, to the informed buyer. There are a number of boutiques, galleries, bookshops, coffee bars, and cafes all located in and around the area. One of the local favorite restaurants is Jerusalem’s, a middle eastern joint with highly affordable prices, delicious hummus and gyros, and a wide array of customers from all walks of life. Jerusalem Restaurant has been open like clockwork since its inception close to twenty years ago, and has never closed for more than half a day; the one time it did close it was not by choice, but because of an issue outside of their control. They have loyal customers because they have been so earnest and consistent in their trade.
Observatory Park – Real Estate Snapshot
Observatory Park real estate typically starts in the high $400,000 range and moves to north of a million. Lots that have been scrapped and rebuilt hold newer construction while beautiful older homes still exist within the lovely tree lined streets. Furthermore, it has recently been reported that Mill Creek Residential Trust, a Dallas-based residential real estate company, plans to build 275 luxury apartment units in Observatory park near the campus of DU. Their rationale for choosing Observatory Park is “the easy commute to Denver employment centers” from the neighborhood, and its close proximity to “some of Denver’s best amenities and transit” (2). The expected completion of this complex is in the first quarter of 2017.
2) Dallas firm to build 275 apartments near University of Denver