Feb 21 2014
Construction has begun on the first apartment community ever to be built in Denver, Colorado’s prestigious Ken Caryl Ranch neighborhood. It’s the first such development in the submarket in the past 13 years. Designed and built by San Antonio-based Embrey Partners, the first units are scheduled for occupancy in early 2015.
Construction has begun on the first apartment community ever to be built in Denver, Colorado's prestigious Ken Caryl Ranch neighborhood. It's the first such development in the submarket in the past 13 years. Designed and built by San Antonio-based Embrey Partners, the first units are scheduled for occupancy in early 2015. (Graphic: Business Wire)
Plans for the luxury, 250-unit, Class-A community include three-story buildings and carriage houses with a mountain theme designed by Denver architect Kephart. Special amenities include a bike repair shop for residents with an open-air feel created by glass garage doors, bike storage lockers, a pool with hot tub and shallow tanning deck area, built in grilling stations and several outdoor living areas. Interiors will be available in two distinct finishes packages, both including granite countertops and tile backsplashes in the kitchens. Select units will also include stainless steel appliances, garden tubs, designer lighting and plumbing packages.
“It’s an honor to be working with Ken Caryl developers to find the highest and best use for this amazing piece of property as part of their master plan,” said Jeff Booth, Embrey’s senior managing partner on the project. “We’re taking great care in designing this community with scrupulous attention to detail and a real focus on creating a unique sense of place closely tied to these beautiful surroundings,” he added. “This ability to connect locally is a key element of the Embrey brand that continues to separate our developments from the crowd.”
A highly desirable area, Ken Caryl is close to the mountains, with beautiful views of the front-range and easy access to world class trail systems. It’s just a three-minute walk to the grocery store and within close proximity to more than 70 employers, including Martin Marietta. There’s easy access to C470 at the Ken Caryl interchange and highly-rated Jefferson County schools. “Ken Caryl offers an exceptional lifestyle environment that is difficult – if not impossible – to duplicate anywhere else,” said Booth.
About Embrey Partners
Now celebrating its 40th year, San Antonio-based Embrey Partners, Ltd., is a developer, builder and manager of market rate and affordable multifamily and commercial assets in select markets across the United States. Since 1974, Embrey has developed more than 31,000 apartments and six million square feet of commercial space. Partnering with major financial institutions, pension funds, individual investors and Fortune 500 companies, Embrey as the general partner has completed these developments for individual investment purposes and through joint venture transactions.