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MULTIFAMILY NEWS
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Construction Started on High-End Res Tower in Denver

12/02/14

Construction has begun on The Confluence, an ultra-luxury, multifamily tower in Denver. The 288-unit, 34-story high-rise is being developed by a joint venture of PM Realty Group and National Real Estate Advisors.

The project is situated on a 1.21-acre site at 2166 15th St, in the historical origin of the City of Denver. Named after its unique location at the confluence of the South Platte River and Cherry Creek, the building will feature studio, one-, two-, and three-bedroom units with pricing ranging from $1,500 to $12k per month.

“There is a growing demand for luxury multifamily living in urban areas throughout Denver,” said Bryant Nail, Executive Vice President of PMRG. “Access to the Riverfront Park area is in high demand due to its prime infill location. The high rise tower is located adjacent to the South Platte River and possesses views over Confluence and River Front Park. Positioned within the LoDo submarket, the site provides an ideal balance between the serenity of the River Front Park area while maintaining convenient access to the energized core of the LoDo entertainment district and the employment center in the CBD of Denver.”

The project, designed by GDA architects, will be the tallest building in Riverfront Park. The glass apartment tower will feature state-of-the-art amenities such as a large terrace with a saltwater infinity-edge pool, underwater sound system, heated Jacuzzi, outdoor cabanas and fire pit, Skyline Lounge with catering kitchen, all-inclusive fitness center with top of the line equipment, concierge, dog washing station and 24-hour coffee bar.

Interior amenities include: floor to ceiling windows in select homes; hardwood floors; solar shades; and gourmet kitchens with granite countertops with full-height backsplashes and Frigidaire Professional Gallery/Electrolux appliances. Select homes, including all Penthouse residences, feature direct elevator access. The Penthouse residences come complete with an Icon appliance package and private terraces in excess of 800 sf.

All homes have stunning views of downtown Denver and/or the Rocky Mountains. The ground floor is intergraded into Confluence Park with over 8k sf of high-end ground floor retail and restaurant space with access to the trails along Cherry Creek and the South Platte River.






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