DENVER (CBS4) – The historic Tammen Hall in Denver is being redeveloped for low-income seniors.

(credit: CBS)

The eight-story building sits on the St. Joseph Hospital Campus at 19th Avenue and Ogden Street. It will hold 49 apartments for people ages 62 and older.

READ MORE: Pit Maneuver By Police Brings Short Westminster Chase To An End

Denver City Council President Albus Brooks joined crews on Tuesday for a ceremonial groundbreaking.

(credit: CBS)

The contractor says the project will breathe new life into the building which has sat abandoned for nearly a decade.

READ MORE: VIDEO: Contractor Destroys Renovated Bathroom With Sledgehammer, Claims Nonpayment For Work

(credit: CBS)

“to replace something of this nature and of this construction type would be extremely expensive in today’s market, so to retain such good bones and good structure of the building is really the ideal win win for this building and for others like it,” said Michelle Forrest, a spokeswoman with Neenan Archistruction.

SHARE YOUR STORY: Share A Together 4 Colorado Story Idea With CBS4

MORE NEWS: 1 Dead, 1 Hurt In Disturbance, Fire At Home On Mount Vernon Road

The building will also come with a workout center and a rooftop patio.