Units are priced from the $150,000s to the low $300,000s.
''The property originally intrigued us for its retail potential," says Bob Johnston, chief financial officer of Denver-based Kahn Construction. ''But with the success of the (nearby) Saint Luke's redevelopment (by Post Properties) and many smaller projects in Uptown, Curtis Park and Five Points, we saw the potential of including residential units to the project.''
The 16th Street Mall, a free shuttle that serves as the transportation spine of Downtown, is only a six-minute drive away. However, there are no parking problems, he adds.
Veteran Denver developer Wally Hultin is principal of Buyers Street Properties.
''We knew this location would be a winner the minute we saw it,'' Hultin says. He notes the light rail gives access to everything from the Auraria higher education campus at the edge of Downtown to Littleton in the southwest suburbs.
Ohlson Lavoie architects designed the building. Pueblo Bank & Trust provided the financing.
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