Consolidated Investment Group (CIG), a leading-edge real estate investment company managing a large, international portfolio, has proudly announced that wood framing is underway for Route 40, a multifamily property located at 1040 E. Colfax Avenue in Denver. Three levels of above-ground structural concrete were recently completed, allowing wood framing to begin.
The architect for Route 40 is Boka Powell, and the general contractor is Symmetry Builders.
The new seven-story building will include 210 apartment units, 6,900 square feet of retail, and robust amenities including an elevated pool deck and club room with views of the Colorado State Capitol building, private co-working spaces and a state-of-the-art fitness center.
“We’re excited to begin the next major phase of construction on Route 40 and provide more residential options in an area nestled between Capitol Hill and City Park West,” said Kevin House, head of development/construction for CIG. “We’ll begin delivering units in 2027 and will have more information to share regarding leasing efforts in the months ahead.”
CIG, a long-term holder, currently has ownership interests in over 7,500 apartment units throughout the United States. CIG is actively expanding its multifamily portfolio via development and acquisitions.
