156-unit apartment complex proposed for Green Valley Ranch

A -unit apartment complex has been proposed for a vacant site in Green Valley Ranch by Craft Civil Design a Denver-based civil engineering firm Based on the concept plan submitted by the firm to the city in late September the progress at N Tower Road will be named Green Valley Vistas It will feature five three-story residential buildings parking spaces and an on-site Early Childhood Training Center with an adjacent park area of approximately square feet that will include a playground Green Valley Vistas concept site plan Image from Denver populace records Catholic Charities of Denver has provided a letter of interest and design consultation to serve approximately children across four to five classrooms The expansion is a joint venture partnership between Denver-based real estate company Brikwell and the Denver Housing Authority according to a letter submitted by Craft Civil Design Project Manager Connor Culligan Green Valley Ranch home prices have increased in the past decade as this neighborhood has experienced immense advance and gentrification with the continued economic expansion of Denver International Airport DIA and the surrounding area Culligan commented Green Valley Vistas will serve this growing and largely unmet need by prioritizing low-to-moderate income residents with a newly constructed locality in an ideal neighborhood location The complex will offer large family units specifically units as three and four-bedroom units Related Articles Denver CEO announces M fund to purchase apartments in key U S markets Denver developer plans apartments on Santa Fe near NWSL stadium site Former Arrow Electronics office in Centennial demolished for apartment growth Cap Hill Lutheran church exploring apartments on its property Green Valley Vistas will serve residents earning between and of the Area Median Income with the group s average AMI at The -acre site is owned by the Denver Strength and Hospital Authority and was purchased in for million according to city property records Representatives from Brikwell and Craft Civil Design did not respond to requests for comment Brikwell s principals have over years of combined experience having overseen more than billion of real estate resources This experience includes billion in asset acquisitions and billion in ground-up evolution Get more business news by signing up for our On The Block newsletter