The historic 2100 Larimer St. building has been purchased by Matt Van Sistine, a neighboring businessman, real estate investor and board chair of the Ballpark Collective RNO, according to an announcement from Monfort Companies and Magnetic Capital.
Van Sistine, a key figure in developing the Ballpark District and owner of other area real estate, acquired the property through 2100 Larimer LLC.
“For me, this project is personal,” Van Sistine said.
“I’ve lived and worked in this neighborhood for years, and I see this building every day from my window. I believe this building represents both the challenges and the opportunity here in Ballpark, and I’m committed to developing something that reflects the character of the neighborhood while serving the community in a meaningful way.”
The vacant building was sold for $1.6 million, as told to BusinessDen. The sale included the complete design and schematic plans developed for it, which was originally envisioned as a street-level restaurant bar with two floors of office space.
Although the property has been listed among the city’s neglected and derelict buildings, Van Sistine’s team aims to stabilize and repurpose it as a community asset and future commercial hub.
They plan to turn the property into a three-story multi-bar restaurant . It will feature a music hall, a street-level patio and a rooftop lounge.
Two blocks from the Coors Field stadium, the 11,600-square-foot building has been owned in partnership by Monfort Companies and Magnetic Capital since 2019. Denver property records reveal they acquired it for $2.9 million.
“From Day 1, our approach with 2100 Larimer has been about setting the stage for something lasting,” said Kenneth Monfort, executive vice president of Monfort Companies.
“Matt’s long-term investment in Ballpark, both financially and personally, makes him the ideal next steward. We’re proud to pass the torch to someone who shares our belief in the district’s future.”
The transaction is the latest example of the growing collaboration between Van Sistine and Monfort, who were key contributors to formalizing the Ballpark General Improvement District (GID).
In November 2024, voters overwhelmingly approved the Ballpark GID to enhance cleaning, improve safety and manage special projects in the area. Services began this year.
Monfort Companies is also moving forward with plans for a new mixed-use development at 1962 Market St. and 1320 20th St., which recently received approval from the Lower Downtown Design Review Commission (LDDRC).
The company’s other notable projects include bringing in Dierks Bentley’s Whiskey Row and Riot House to the area.
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