Construction begins on 17Walnut lofts
Last Updated: 17:06 February 11, 2014
The $6.2 million project, called 17Walnut, is being developed by a group of investors led by Boulder-based Element Properties, and includes 26 modern lofts ranging in size from 600 to 1,400 square feet.
17Walnut will encompass 41,943 square feet spanning three stories. The complex will include underground parking and one-, two- and three-bedroom units.
The site is the former location of a 7-Eleven and Buffalo Exchange thrift store.
Element Properties will handle the leasing and property management of the building and Boulder-based Studio Morgan Creek is the architect for the project.
"17Walnut will provide residents a highly walkable location and the first rental apartments built in downtown Boulder in over two decades," Kevin Knapp, Element's director of development, said in the release. "Downtown apartments are pretty hard to come by right now, and it is an extremely tight market."
17Walnut is scheduled for completion in the first quarter of 2015.
More breaking news...
Boulder Chamber announces 2014 honorees
The acquisition is the 29th for
Dot Hill Systems records profitable 2013
Martens will receive the award at the Chamber's Celebration
RGS re-ups for 2nd round of Solarize Mass
The Longmont-based company's profit of nearly $5.1 million for the fiscal year ended Dec. 31 came
Louisville-based RSG Energy (Nasdaq: RSGE) will team with the Massachusetts Clean