Construction may launch next year on the building of a residential tower topping out at 37 stories in downtown Denver.
The San Antonio-based Kairoi Residential has announced plans to build the structure on a less than 1-acre triangular-shaped site between the Cherry Creek Trail on the east and Speer Boulevard on the west in a part of the city lined with new office and residential structures.
Plans call for a 270,000 square foot building that will house 139 individual apartment units. The site itself is currently owned by Paradise Investment Properties, which has offices in Denver.
To be called the Bell Tower, the building will also include three levels of parking below surface.
Kairoi has now submitted plans for the project to the City of Denver. The company had proposed a similar project for the site some three years ago, but never acted on those plans.
A vertically integrated, multi-family developer, Kairoi has taken on large projects throughout Texas and Illinois and is currently spearheading the building of a 66-story mixed use tower in downtown Austin.
By Garry Boulard
