Building a Better Baker
Wood Partners is putting the finishing touches on its latest in a string of apartment developments in Denver: the 338-unit Alta Alameda Station, which will open next month at least 60% leased. It's yet another sign of the sector's hotness here, which i why we're holding our second annual Denver Multifamily Summit on July 22.
Wood Partners director for the Rocky Mountain region Tim McEntee, who'll be speaking at the event, explains that the property's going to be a neighborhood-changer for Baker. The area hasn’t seen new housing in about a decade, he says, and it’s going to bring new residents to a heavily retail-oriented area. One of the main attractions of the location at 275 Cherokee St is walkability—it gets a Walk Score of 89 (Very Walkable), but it really knocks it out of the park with a Bike Score of 92: Biker’s Paradise. (Being in the Rockies though, it has a terrible Surf Score.)
The site has a long and colorful history. During WWII, a canning facility churned out rations for the troops; later, the site was home to a Coors bottling plant and the Denver Studio complex, where 22 Perry Mason movies-of-the-week were filmed (and where 22 witnesses confessed to being the real killer on the stand). These days, Alta Alameda Station is a LEED Gold TOD that includes a set-aside route for a bicycle-pedestrian path that connects to the Alameda Light Rail station and the Platte River Greenway.
Join multifamily leaders like Tim, Greystone's Jef Elm (snapped at a recent Bisnow event in San Antonio), East West Partners' Amy Cara, Holland Development's Erik Hagevik, D4 Urban's Chris Waggett, and Urban Neighborhoods' Dana Crawford to hear about the hottest areas and submarkets, how sustainability and innovation are impacting the market, and other top trends at our Denver Multifamily Summit on July 22. Register today!