The implementation of Revival on Platte, a new multifamily project in Denver has begun. The project is being developed by a joint venture between Mortenson and Pinnacle Partners.
The apartment complex is located on an 0.9-acre site in an area known as an Opportunity Zone. This location is close to the South Platte River in Denver’s Sun Valley neighborhood. Revival on Platte will be 234,156 square feet when finished with 200 units including studio, one, and two-bedroom options spread across eight storeys.
It will also feature amenities such as two levels of parking, a gym, a business center, and a rooftop terrace.
In addition to being close to downtown attractions like Meow Wolf, Empower Field, and institutions at the Auraria campus, the new multifamily complex is also close to public transportation. It has easy access to almost 90 miles of bike trails.
Eight electric cars will also be available to residents via a third-party app, significantly enhancing their transit options. Mortenson’s cold-formed metal stud, a steel-framed structural system with prefabricated interior and external walls, will be used to build the complete project.
The undertaking is a portion of a portfolio of four projects totaling $120 million that Pinnacle Partners has put together. These projects include ones in Nashville, Tennessee; Austin, Texas; and Avondale, Arizona.
Commentary on Revival on Platte
“We’re excited to collaborate with the Pinnacle team on this fantastic opportunity. Both companies are dedicated to development that meets fundamental community needs. For our project partners, we have a long history of combining our development, design, and construction skills in Denver.
The final part of this puzzle is a fabrication, and we are eager to demonstrate to the market our BLUVera team’s abilities on this project, according to Brian Fitzpatrick, vice president and general manager of Mortenson Denver.