DENVER-Alliance Residential Co. begins construction this week on its second luxury multifamily development in downtown’s ballpark district, bordering the Lodo District. Broadstone Blake Street will be located on Alliance’s recently purchased .79-acre site in the heart of downtown, adjacent to Coors Field amid a mix of employment, transportation, arts, culture, recreation and entertainment. Andy Clay, Alliance’s managing director of development for Denver, tells GlobeSt.com that projected construction costs for the 164-unit, six-story luxury apartment community are approximately $40 million.

This will be Alliance’s second community to break ground in Colorado this year. In February, the company began construction on Broadstone Gardens at Cherry Creek, off south Jackson Street southwest of Alameda Ave. and Colorado Blvd., which is across from the first-base entry to Coors Field.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.