Work is slated to begin early next year on a project that will see the building of 64 micro studios in a popular Denver neighborhood known as the Art District on Santa Fe. The project belongs to the New York-based Madelon Group, which envisions each studio apartment measuring around 400 square feet, with kitchenette and bathroom space, along with storage room. The apartments, as with previous Madelon projects, will be built as prefabricated units. The building, which will also include ground floor retail space, will go up at 801 W. 8th Avenue, in a formerly industrial section of Denver populated with one and two-story commercial structures. The prefabricated units represent a move on the part of Madelon to respond to the Mile High City’s ongoing demand for new apartments. In an interview with the Denver Business Journal, Alfonso Medina, the company’s chief executive officer, remarked that Denver is “a city where you can still build, but it’s also a city that’s in desperate need of housing.” It is thought that the construction of the new micro studios complex will be completed sometime in 2024. The Art District on Santa Fe is home to dozens of galleries, studios, and restaurants. Rents in the area range from roughly $1,500 to just under $3,000 a month. By Garry Boulard
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