A new multifamily development is under construction at the corner of 16th and Humboldt in the City Park West neighborhood. Consisting of side-by-side five-story buildings at 1570 and 1578 Humboldt, the 16th & Humboldt Apartments is being developed by Pando Holdings and features a total of 100 rental apartments. Below is a Google Earth aerial image with the project location outlined, and a Google Street View image showing the site prior to the start of construction.
The 100 homes within the project are high-efficiency units, sometimes known as micro-units, designed to maximize living within a small unit footprint. This housing type provides a cost-effective option for young people, seniors, and others seeking a more affordable and efficient lifestyle. The units will average approximately 325 square feet in size and feature uniquely tall ceilings, providing for plenty of natural light and storage opportunities within.
Here are two renderings courtesy of OZ Architecture, which extensively studied the micro-unit trend nationally and internationally to create effective unit designs for this project.
No on-site automobile storage is included in the development, providing people who don’t own a vehicle the opportunity to live in a place where the high cost of structured or underground automobile parking is not part of their rent. The project is located in a transit-rich neighborhood (one block from Colfax, the region’s busiest high-frequency bus corridor) and along the popular East 16th Avenue bike route.
In addition to the residences, 16th & Humboldt Apartments will also include 2,400 square feet of ground-floor commercial retail/restaurant space along 16th Avenue. A rooftop deck will provide residents with excellent views of downtown and the mountains.
Construction of the 16th & Humboldt Apartments will take approximately 12 months, with completion expected in the summer of 2018.