SoCal-based Picerne Group broke ground recently on Venue on 16th, a 180-unit rental property in the City Park neighborhood. Picerne Group’s managing director Christopher Davis tells us that the neighborhood is experiencing growth and redevelopment, and now’s the right time for an infill development such as this, because the demand is there. The five-story apartment building, designed by Denver-based JG Johnson Architects, will include 14 studios, 99 one-bedrooms, 63 two-bedrooms and four three-bedrooms, wrapped around a 243-space garage on the first level and a podium courtyard and pool on the second level. Construction will be completed by late 2015.
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