The Cherry Creek residential boom continues with yet another apartment project on the boards. Located a block away from the 297-unit 360 South Monroe project, Gables Residential, the same developer of 360 South Monroe, purchased a 1.3 acre parcel at 351 South Jackson Street to develop another 242-unit apartment project.
351 South Jackson is located in a district named the Alameda Triangle, which is densifying rapidly. Here is an aerial with the project site outlined. There is a small building on the corner of South Jackson Street and East Dakota Avenue, belonging to the Colorado Private Reserve, which will be demolished to make way for this project.
Gables Residential will build both an 8-story and 12-story tower on this site. Here are two renderings of the project courtesy of the Denver Business Journal.
This is the third phase of Gables Cherry Creek, with 360 South Monroe being the first. The second phase, consisting of 127-units, is currently working its way though the city to get all of the necessary approvals. Gables Residential is anticipating a January ground breaking for 351 South Jackson Street with completion in late 2018.
