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DENVER | The Confluence | 371 FT / 113 M | 35 Floors
So, this is a project that has been simmering offstage for the last few years in Denver. The parcel was rezoned for a highrise before the Great Recession and nothing has been heard about it publicly for the last few years. Then, today, boom:
Image captured from the DBJ:
Denver developer teams with PM Realty Group on 34-story apartments
By Dennis Huspeni
The Denver Business Journal
August 30, 2013
Quote:
A high-end apartment complex that will tower over Denver’s Central Platte Valley moved significantly closer to reality after almost a decade of planning with PM Realty Group’s announcement Friday that the project has been funded with joint venture equity.
The Houston-based real estate company plans a 288-apartment, 34-story building, as of yet unnamed, in close proximity to the Cherry Creek and South Platte rivers on 15th Street and Little Raven. PM Realty Group inked the deal for the 50,000-square-foot parcel at 2166 15th St. in July for $10 million, Denver assessor records show, using the company name Confluence Apartments LLC. The seller was Paul J. Stann & Associates LLC.
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Last edited by wong21fr; Sep 1, 2013 at 5:33 PM.
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