Just over 330 apartment units are slated for construction as part of an already existing master planned community in the town of Littleton, Colorado.
The project will belong to Alliance Residential Realty of Scottsdale, Arizona, which to date has built more than 100,000 residential units nationally.
The apartment complex will go up inside the Sterling Ranch’s Prospect Village community. According to reports, the larger Sterling Ranch, at 3,400 acres, is expected to eventually see the construction of more than 12,000 residential units.
Plans calls for the new apartments, comprising ten 3-story buildings, to be built on currently vacant land at the intersection of North Rampart Range Road and West Waterton Road on a nearly 12.5-acre site.
With an estimated $100.6 million price tag, the project, to be called the Broadstone Sterling Ranch, will additionally include a single 4-story structure housing a rooftop deck and clubhouse.
Project designer is the Denver-based Santulan Architecture, which specializes in modern, multi-story apartment complexes and has a strong presence in the metro Denver market.
Altogether, Prospect Village is made up of around 160 acres, with up to 40% of that site dedicated to an open space park.
Littleton, with a current population of nearly 46,000, is just over 11 miles to the south of Denver and has enjoyed double digit growth in the last several decades, largely from people moving out of the Mile High City.
By Garry Boulard
