Capitol Square Apartments, a six-story infill development designed by KTGY is set to bring 103 income-restricted units for a range of low- and moderate-income households near the Central Business District of Downtown Denver.
The development will take its design cues from the surrounding neighborhood. Its clean lines relate to the adjacent civic buildings and intentionally contrast to the highly detailed and ornate historic capitol building. The project’s amenities will include a leasing office, community space, and a fitness room at ground level as well as a landscaped outdoor terrace at the second-floor courtyard. Parking for 68 vehicles will be included at the ground and basement levels.
Of the 103 units, 73 will be one-bedroom units and 30 will be two-bedroom units. All apartments will be income-restricted exclusively for households earning between 40% and 80% of the area median income. The project’s U-shaped design opens up the interior units and courtyard to views of the Denver Art Museum and the mountains beyond.
The rental community is expected to be completed in 2022.
Related Stories
Coronavirus | May 26, 2020
Multifamily developers report mounting delays in permitting and starts due to coronavirus pandemic
More than half (53%) of multifamily developer respondents reported construction delays in the jurisdictions where they operate, according to the third edition of the National Multifamily Housing Council (NMHC) COVID-19 Construction Survey.
Multifamily Housing | May 8, 2020
Nashville's newest residential tower will rise 416 feet
Goettsch Partners is designing the project.
Multifamily Housing | May 8, 2020
'Lakehouse' is the first multifamily project in Colorado to receive WELL Precertification
Stantec and Muñoz + Albin are the project's architects.
Senior Living Design | May 5, 2020
5 memory care communities with a strong sense of mission
Communities in California, Colorado, Florida, Maryland, and Virginia display excellence in memory care facility development, design, and construction.
Multifamily Housing | Apr 23, 2020
Tankless water heaters: 12 things to know about these energy savers for multifamily housing
Twelve factors to consider in using tankless water heaters in multifamily housing.
Multifamily Housing | Apr 20, 2020
Multifamily market flattens as construction proposal activity sinks
Multifamily has consistently been one of the strongest performers among 58 submarkets measured in PSMJ Resources’ quarterly survey.
Coronavirus | Apr 15, 2020
COVID-19 alert: 93% of renters in professionally managed multifamily housing paid some or all of their rent, says NMHC
In its second survey of 11.5 million units of professionally managed apartment units across the country, the National Multifamily Housing Council (NMHC) found that 84% of apartment households made a full or partial rent payment by April 12, up 15 percentage points from April 5.
Multifamily Housing | Apr 15, 2020
Related Group picks Stantec to design and engineer Manor Miramar residences in Florida
Related Group picks Stantec to design and engineer Manor Miramar residences in Florida.
Coronavirus | Apr 5, 2020
COVID-19: Most multifamily contractors experiencing delays in projects due to coronavirus pandemic
The NMHC Construction Survey is intended to gauge the magnitude of the disruption caused by the COVID-19 outbreak on multifamily construction.
