Camden Hits 10 Denver Projects
Want to get a jump-start on upcoming deals? Meet the major Denver players at one of our upcoming events!
Fast on the heels of Camden Flatiron, apartment developer Camden Property Trustis planning its 10thDenver complex.(With this many, the company could field a pretty lively softball league.)
The REIT revealed in SEC filings that it plans to develop Camden Lincoln Station, a $48M, 275-unit apartment project at the Lincoln light rail station in Lone Tree--developed at the same time as construction on its Flatiron apartment project (above). Camdens Kim Callahan tells us the Class-A project wont break ground until mid 2014. (That gives you time to get in shape for the groundbreaking.)
The $78M, 424-unit Camden Flatiron delivers its first units by Q4 2014. Camden has been in the metro Denver market since 1998 and has done both ground-up development and acquisitions (like Belleview Station above last year). "We definitely like the market, and its been one ofour top performers, Kim says.