DENVER—Construction has been started on a multifamily apartment community in the Denver Tech Center that will offer residents luxury housing with easy access to employment, restaurants, retail, and is set within the Cherry Creek School District, The Picerne Group announced Tuesday.

Slated to open in spring 2014, the 248-unit, high-quality community is set on 8.7 acres and just a quarter mile walk to the Orchard Station light rail stop and a 15-minute ride to downtown Denver.

“The community will appeal to a variety of individuals, from the young employees who work in the Denver Tech Center to the young families who want to live within the Cherry Creek School District and to those who are looking to downsize and move out of their single family homes,” said Christopher Davis, managing director in Denver for The Picerne Group, a real estate investment firm based in Southern California. “This is a high-end neighborhood and our new community will contribute to the overall quality and desirability of the area.”

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.