Colorado developer pays $15.14 million for 12.6 acres near Park Meadows Mall
The Garrett Companies a Colorado-based real estate developer has purchased a -acre plot in Englewood for million and plans to turn it into a -unit apartment region Named Garrett Park Meadows the project at S Valley Highway will consist of a clubhouse with full amenities and six four-story residential buildings Construction on the project is already underway and the buildings will include a mix of one- two- and three-bedroom units CBRE Executive Vice Presidents Eric Roth and Martin Roth along with Vice Chairman Chris Cowan represented the seller Grace Chapel in the transaction This site represents one of the strongest locations along the front range and allows for true walkability to restaurants shopping and inhabitants transit which is rare for a suburban location revealed CBRE s Eric Roth At the corner of Interstate and E- the land offers access to the County Line Light Rail Station and Park Meadows Mall through a pedestrian footbridge LONE TREE CO - June Park Meadows shopping mall June Photo by Hyoung Chang The Denver Post Related Articles Lakewood residents try to rebuild after fire damages destroys apartments RiNo apartment building asks judge to evict rooftop cocktail lounge New -unit apartment group coming to Denver s Golden Triangle Apartment area near Sloan s Lake sells for million Sponsored Colorado housing field stabilizes in October as new listings and sales dip Its adjacent location to the Denver Tech Center is also likely to attract tenants who work in the immediate area according to CBRE Founded in The Garrett Companies develops builds and manages multifamily projects in states according to its website A sparse of its in recent days completed projects include The Pendant Southlands Ara Townhomes Flats and Rewind at Crest Additionally the company is advancing two apartment communities in Longmont and Colorado Springs with a combined project value of million Get more business news by signing up for our On The Block newsletter
