Apartment Trends Magazine September 2015 | Page 28

MOVING IN

Westend

3500 Rockmont Drive, Denver
Carmel Partners took a different approach to developing
in the Denver central business
district – provide a low density walk-up product in an
urban environment. A benefit of this approach is achieving a lower building cost by
avoiding an expensive parking structure. The trade-off is
paying a higher price per unit
for the land. Another benefit
of the low density is the large
number of individual garages, both direct access and
detached, a rare commodity
in the CBD. The property is
highly visible from I-25 and
borders the City of Cuernavaca Park, with its bike trails
along the South Platte River.
www.westenddenver.com

26 | TRENDS • SEPTEMBER 2015

by the numbers

390
11.75
16
3-4
880
1,891
33.2
1.58

number of
units
acres
floorplans
stories
average size
of unit (SF)
average
rent ($)
density
(units/acre)

parking
(per unit)

www.aamdhq.org