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Denver's Vault Building Sits 100% Empty After $22.4M Renovation

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Denver's historic Vault building, a 119-year-old former bank property, is completely vacant despite a $22.4 million renovation. The 107,630-square-foot structure was purchased for $17.6 million in 2017 and later became a WeWork location. The co-working giant vacated the premises in 2021, leaving the building without any tenants. High office vacancy rates in downtown Denver have made it difficult to attract occupants. The property is now being marketed for multiple potential uses, including office space, residential conversion, and hospitality.

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