Up to 325 multi-family apartment units could see construction later this year in a growing master planned community in Broomfield.
The project has now won the approval of the Broomfield City Council, after earlier securing the support of the city’s Planning and Zoning Commission.
The project will go up on a currently vacant 11.3-acre site between Wadsworth Parkway and Destination Drive inside the Arista planned community. According to city records, at least 25 percent of that site will be set aside for green space.
As planned, the complex will be spread out over four separate multi-story buildings, with apartments ranging in size from one to three bedrooms and measuring from 727 to 1,345 square feet.
Also included: a clubhouse, swimming pool, some five hundred surface parking spaces, and garage parking for up to 83 vehicles.
The project belongs to the Irvine, California-based Steadfast Asset Holdings, a real estate development and property management firm with more than 2,000 residential units throughout Colorado, as well as properties in Arizona, California, Idaho, and Oregon, among other states.
Located about 4 miles to the southeast of downtown Broomfield, the 200-acre transit-oriented Arista district first saw construction in 2005, but was negatively impacted by the Great Recession.
Construction in the district began to pick up again beginning in the summer of 2012 with the opening of the $4.2 million Children’s Hospital Colorado.
Arista today features restaurants, entertainment venues, offices, and a two-block pedestrian mall.
By Garry Boulard
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