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
Multifamily Housing | Dec 12, 2016
BIG’s first residential condominium in the U.S. completed in Miami
Two 20-story twisting towers comprise 98 units on a three-acre site near Biscayne Bay.
Multifamily Housing | Dec 1, 2016
One of Canada’s largest media companies dives into real estate development
Rogers moves forward on M City, a multi-building, multi-year project in a Toronto suburb.
Multifamily Housing | Nov 28, 2016
Axiometrics predicts apartment deliveries will peak by mid 2017
New York is projected to lead the nation next year, thanks to construction delays in 2016
Sponsored | Multifamily Housing | Nov 11, 2016
Value engineering brings Santa Barbara apartments back on track
When framing estimates for a new apartment complex in Rialto, California, came in too high, a savvy developer decided to have the project value engineered. A switch to glulam and wood-framed shear walls got the project back in the black.
Adaptive Reuse | Nov 9, 2016
Middle school transformed into affordable housing for seniors
The project received $3.8 million in public financing in exchange for constructing units for residents earning less than 60 percent of the area’s median income.
Multifamily Housing | Oct 28, 2016
Aston Martin is making a foray into real estate in Miami
The British automaker will partner with G and G Business Developments on the waterfront project.
Multifamily Housing | Oct 25, 2016
The Beacon will become the most sustainable residential tower in the world
Lumiere Developments says the building will generate enough energy to offer residents ‘Free Energy For Life.’
High-rise Construction | Sep 8, 2016
Construction on the tallest residential tower in western Europe could start early next year
China’s Greenland Group is the developer of four of the world’s 10 largest skyscrapers
High-rise Construction | Sep 6, 2016
Peddle Thorp Architects' solar-powered Melbourne high-rise looks to go off the grid
The skyscraper would be the first in Australia to incorporate solar cells in its façade.
Multifamily Housing | Aug 17, 2016
A new research platform launches for a data-deprived multifamily sector
The list of leading developers, owners, and property managers that are funding the NMHC Research Foundation speaks to the information gap it hopes to fill.
