Transit Spurs All-Around Suburban Growth
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Other Denver suburbs are benefiting from the expansion of the regional transit system as well. Recently Wood Partners sold the 297-unit Alta Harvest Station apartments in Broomfield, which it developed and opened for leasing last winter. Wood development associate David Jaudes, snapped at a Bisnow event, tells us that the property is adjacent to the US 36 Bus Rapid Transit, “an important component of FasTrack often overlooked.”
The 13.75-acre gated community, which is now 93% leased, is modeled after Wood Partners’ Alta Aspen Grove (now Berkshire Aspen Grove), a 280-unit, garden-style TOD in Littleton. Job growth in the nearby Interlocken/Broomfield business hub is strong, David tells us, and Alta Harvest Station residents have access to a new pedestrian bridge over the Boulder Turnpike that links to the 1STBANK Center and a variety of retail stores, offices and transit options.