Brinkman Construction Breaks Ground on Townhome-Style Apartments in Colorado Springs
Brinkman Construction broke ground on their latest Colorado Springs project last week, a 12-building townhome-style apartment community. Springs at Foothill Farms, owned, developed and operated by Continental Properties, will include 264 two-story loft-style units. The 354,000-square-foot luxury community offers amenities such as a resort-style swimming pool, community clubhouse and a state-of-the-art fitness center.
Located at 1203 Affirmed View, Springs at Foothill Farms is the second apartment community developed by Continental Properties in this market and sixth in Colorado. The first community, Springs at Allison Valley, is within a mile of the new complex and was developed in 2016.
The project was designed by Phillips Partnership and is in line with Continental Properties’ Springs brand of communities. The Wisconsin-based developer specializes in apartment homes, retail and hospitality products across the United States from Arizona to South Carolina and has been in business for more than 40 years. This will be their fifth property in Colorado and second in the Colorado Springs market.
“We continue to see Colorado as a great market for our Springs brand and our growth trajectory,” said Ryan Folger, vice president of design & construction for Continental Properties at the groundbreaking ceremony. “We are excited to see the Springs at Foothill Farms off to a great start and look forward to pre-leasing the units as soon as next summer.”
The construction of Springs at Foothills Farms began in September 2019 and will complete in the summer of 2021.
Brinkman Construction also completed a four-story, 166,000-square-foot affordable senior community, Traditions, in Colorado Springs last December. The complex includes 180 units consisting of studio, one- and two-bedrooms. The apartments serve seniors age 55 and older who earn less than 60 percent of the area median income adjusted for household size.
Images courtesy of Brinkman Construction