(To read more on the multifamily market, click here.)

DENVER-Local developer’s Don MacKenzie’s company, MacKenzie House LLC, will start construction on a $16-million, 29-unit townhome development in the Ballpark neighborhood, only two blocks from Coors Field. The development at 2400 Walnut St, called 24 Walnut, will open in 2007.

Units will range form 1,600 sf to 2,400 sf and will be priced from $425,000 to $725,000. That is about $70 to $150 per sf less expensive than comparable projects in other locations in Downtown, MacKenzie House partner Mike Lotte tells GlobeSt.com.

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