Mill Creek Breaks Ground on Denver-based River North Apartments

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359 Luxury Apartment Homes to Add to Booming River North Art District

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Denver is one of the most rapidly growing markets in the nation, becoming a popular destination for a number of young, creative professionals who are clamoring for homes that fit their fast-paced, multifaceted lifestyles.

Mill Creek Residential, a leading multifamily developer, investor and operator specializing in premier apartment communities across the U.S., today announced it has broken ground on River North Apartments, its newest luxury apartment community in the city’s burgeoning River North Art District.

The mixed-use community, to feature 359 luxury apartment homes, will be situated just north of downtown Denver in a neighborhood that is home to a number of creative offices, art galleries and an array of cultural amenities. Located on the corner of 29th Street and East Brighton Boulevard, River North Apartments will feature five stories of upscale apartment homes surrounding a courtyard and parking garage.

“Denver is one of the most rapidly growing markets in the nation, becoming a popular destination for a number of young, creative professionals who are clamoring for homes that fit their fast-paced, multifaceted lifestyles,” said Brian Wynne, Mill Creek Residential’s managing director for the Mountain States. “We believe River North Apartments will cater to that ever-increasing demand and be a key addition to a River North Art District that is gaining traction in the market.”

The River North Art District is one of the city’s most emerging locales, featuring a vibrant, transit-friendly atmosphere consisting of creative offices, art galleries and nearly immediate access to downtown via bike, bus and two forthcoming light rail stops to be completed in 2016. The soon-to-come East Rail Line will also serve as a link to Denver International Airport. The community also is within minutes of Interstates 25 and 70, the key thoroughfares of the metro area.

River North Apartments, part of the Denargo Market Development Plan, will be located across the street from Industry Denver, a recently unveiled commercial development featuring 120,000 square feet of office space and several restaurants. The site is three blocks south of The Source, another new development consisting of several high-end restaurants, specialty grocers, a brewery and other retail outlets.

In addition to the nearby retailers, residents will have convenient access to many of the city’s prominent attractions. Included are Union Station, Coors Field, Denver Center for the Performing Arts, Colorado Convention Center, Denver Museum of Nature and Science, Denver Arts Museum and Sports Authority Field at Mile High. Downtown Denver also is known to have one of the country’s liveliest nightlife scenes with an array of bars, restaurants and nightclubs.

River North Apartments will consist of studio, 1-, and 2-bedroom apartment homes and offer panoramic views of downtown Denver and the picturesque Rocky Mountains. The five levels of wood-framed apartments will wrap around a courtyard with a resort-style pool, cabana and barbecue area. The ground floor will include a fitness center, clubhouse and leasing center. The building will grow to six stories on the south side to enhance the panoramic views.

Interiors of the pet-friendly apartment homes will be equipped with modern features such as energy-efficient stainless steel appliances, solid-surface counters, tile backsplashes and laminate wood flooring. Included in the apartment homes, the community will feature one guest suite.

Including River North Apartments, Mill Creek owns and has developed more than 1,150 apartment homes, and has begun construction on more than 450 additional apartments, in the Denver metropolitan area.

About Mill Creek Residential
Mill Creek Residential Trust LLC is a national multifamily company focused on the development, acquisition and operation of apartment communities in targeted markets nationwide. The company proactively pursues development, acquisition and construction opportunities through its seasoned team of real estate professionals in 14 offices across the United States. Mill Creek is building its portfolio in many of the nation’s most desirable apartment markets in Seattle, Portland, the San Francisco Bay area, Southern California, Denver, Dallas, Austin, Houston, South Florida, Tampa, Orlando, Atlanta, Washington, D.C., New Jersey, New York, and Boston. As of September 30, 2015, the company’s portfolio comprises 47 communities representing nearly 14,162 apartment homes that are operating and under construction. For more information, please visit http://www.MillCreekPlaces.com.

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Peter Jakel
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