Work is set to begin later this year on the construction of 540 market rate apartments about 20 miles southeast of Denver in the growing city of Lone Tree.
The project will belong to the Greenwood Village-based Regency Residential and will go up inside the 3,500-acre master-planned community of Ridge Gate.
That community, on the east side of Interstate 25, features a village-like variety of residential and open space, as well as parks and trails.
The new apartments will be built in two phases of 270 units each, with up to 10,000 square feet of commercial space.
To be located on two blocks between I-25 and Havana Street, the new apartments will also vary in size.
The larger master community is anchored by a Regional Transit District light rail station which was inaugurated in the spring of 2019.
The Regency Residential project in Lone Tree is only the latest residential development in a city that has seen its population jump from less than 4,900 two decades ago to nearly 15,000 today.
With construction set to begin by this fall, the new apartments are expected to be completed sometime in 2022.
By Garry Boulard
