'Top off' set for Pinnacle high-rise
The Denver Business Journal - 5:22 PM MDT Wednesday, May 2, 2007
The $175 million Pinnacle at City Park South condo project being built near downtown Denver has reached a major milestone -- the "topping off" of its first tower which is 27 stories tall. The Pinnacle's developer, Opus Northwest LLC of Denver, will hold a topping-off ceremony at 4 p.m. Thursday, May 3.
Buildings under construction top off when they reach the highest point of construction, when a final component is placed at the structure's highest elevation.
Located at 1650 Fillmore St., off 17th Avenue and across from City Park, The Pinnacle's 27-story Tower One will have 142 units. The developer expects to complete it in September 2008.
A planned second, 22-story tower will include 111 units. Marketing of those units recently started.
The project also includes 18 houses, called Park Homes, which are now under construction.
Prices at The Pinnacle range from $279,500 to $1.7 million. Seventy-five percent of Tower One has been sold, according to Opus Northwest.