Transit Spurs All-Around Suburban Growth

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.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Denver Newsletters
Related Stories

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

FBI Drops Investigation Into Financially Troubled StoryBuilt

Mountain Developers Look To Mobile Homes, Deed Restrictions For Affordability Solutions

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Dublin BTR Had A €1B Summer

Sales Of Lower-End Apartments Surge In Philly As Landlords Face Financial Issues

Wu Proposes Tax Breaks To Jump-Start Stalled Housing Projects

Developer Seeks Permit For Denver Energy Center Conversion Project

Airbnb Launches $250M Fund To Invest In Affordable Housing

Fertility Provider Opens Clinic At 1900 Lawrence Office Tower: The Denver Deal Sheet

DFW Multifamily Distress Creates Opening For Investors As Development Slows

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet