156-unit apartment complex proposed for Green Valley Ranch
A 156-unit apartment complex in Green Valley Ranch proposed by Craft Civil Design
A Denver-based civil engineering firm, Craft Civil Design, has proposed a 156-unit apartment complex for a vacant site in Green Valley Ranch. The development, named Green Valley Vistas, will feature five three-story residential buildings, 166 parking spaces, and an on-site Early Childhood Education Center with an adjacent park area of approximately 3,000 square feet that includes a playground.
Catholic Charities of Denver will provide a letter of interest and design consultation to serve approximately 60 children across four to five classrooms in the development. The joint venture partnership for the project is between Brikwell, a Denver-based real estate company, and the Denver Housing Authority.
Connor Culligan, the Project Manager at Craft Civil Design, stated that, “Green Valley Vistas will serve this growing and largely unmet need by prioritizing low-to-moderate income residents with a newly constructed community in an ideal neighborhood location.”
The complex will offer 48 large family units, specifically as three and four-bedroom units, to residents earning between 30% and 80% of the Area Median Income, with the community’s average AMI at 54%.
The 3.59-acre site, owned by the Denver Health and Hospital Authority, was purchased in 2017 for $1.7 million according to city property records. Brikwell and Craft Civil Design representatives did not respond to requests for comment.
Brikwell’s principals have over 45 years of combined experience in real estate investment, overseeing more than $3.8 billion in transactions, including $1.8 billion in asset acquisitions and $2 billion in ground-up development.
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