In a city in need of new apartment units, plans are in the works for the construction of up to 300 upper-end apartments.
The project would go up on the north side of Fort Collins on currently vacant land between Spaulding Lane and East Wilcox Lane in the city’s Pheasant Ridge neighborhood.
To be developed by the Indianapolis-based Watermark Residential, what is being called the Watermark at Fort Collins would see the construction of half a dozen 3-story buildings, and five 2-story buildings.
The project would also include fifty attached garages, additional parking space for more than five hundred vehicles, and a clubhouse.
Watermark Residential has become known for building upscale apartment complexes in primarily newer and wealthier suburban locations throughout Indiana, Colorado, and Texas, among other states.
Those projects are typically built near modern shopping complexes and major thoroughfares.
In order to make the Fort Collins project reality, Watermark wants to see the extension of the current north to south Redwood Street, which at present ends just short of East Wilcox.
More details regarding the Fort Collins project are expected to be released by Watermark shortly.
By Garry Boulard
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