As the housing shortage continues to be a headache in Denver, it’s great to see projects breaking the mold and going up as for-sale condos. The Arbory, located at East 16th Avenue, Park Avenue, and Lafayette Street, has started to go vertical, with topped-out elevator cores and framing going up on the first three levels.
The Arbory will rise five stories and provide 41 for-sale condo homes. Below are a few renderings of the project. Studio PBA is the architect on record for the project.
Here are some present-day photos of the project site. Due to the shape of the lot, this building will have some great viewing angles and corners. Currently, work has progressed to floors two and three, with the elevator cores topped out.
It’s great to see more condos coming to Central Denver, and we hope the momentum can pick up as the decade treks on. Head on over to the project’s website for pricing, additional information, and interior renderings of The Arbory.
| Project Description | Developer | Architect | Contractor |
|---|---|---|---|
| 5 Stories | 41 condo homes | 48 (v) parking |
Generation Development | Studio PBA | Generation Constructors |
I’m glad I bought my house back in 2008.
650 sf 1 bedroom for $450,000 is ludicrous.
I’ve seen ads for those condos as I’ve conducted my own search for a place. They’re extremely expensive.
Trying to find a place that isn’t hundreds of thousands more than what it should be, or 100k more than it would have been even a mere year ago, is difficult enough to stomach. So then when I come across an ad for one of these obnoxiously priced units, the greed of this developer makes my blood boil.
Ahhh Freddie, hate to break it to you…. But people have been saying the exact same thing for the better part of a decade. Those that bought are surely happy with their choice… Yet to be seen what the pandemic buyers will think in a decade, but I’m not quite yet willing to bet against them.
Greed gets units built, don’t forsake thy neighbor for their willingness to pay the price!
Not sure what you’re getting at with your condescending response. This bizarro-market just started less than two years ago. This isn’t a normal market; it’s a crisis.
Denver – the city where I grew up and spent most of my life – doesn’t exist anymore. It was abruptly replaced by something I don’t recognize: an exclusive enclave for the very wealthy. We should all be greatly concerned about this.
It was nice, at first, to see for-sale inventory being added to the market for once. But then I saw the obnoxious pricing and it was like a stick in the eye.
I am right there with you, GREAT COMMENT
I live in a Generation Development building and I would recommend anyone who is considering purchasing in this or any of their projects to do their homework!
Buyer Beware!!!
To be honest it is quite depressing. As I said I bought back in 2008 but I have teenagers now and I see no way they will be able to live in Denver short of a high 6 figure salary or sharing a place with 3 or 4 people. They are fourth generation Coloradoans and have lived within walking distance to their Great Grandmother who has lived in Denver for sixty plus years. I know things change but the pricing has just gone bananas in the last decade with no end in sight.