Century Communities, Inc., a top national homebuilder, announced that Century Living, the company’s multifamily arm, has acquired a shovel-ready development site at 33rd Avenue and Mariposa Street in Denver’s sought-after LoHi neighborhood from Denver-based development firm Elevation Development Group.
Going forward, Century Living will serve as the developer and general contractor on the project—named The Stevie—with a groundbreaking this week and units expected to deliver for leasing in 2028.
The Stevie is a five-story, 116-unit luxury boutique apartment community (including select loft units). Amenities will include a pool, sun deck, fitness center, and resident lounges. The property will feature a first-level and underground parking and is within walking distance to notable restaurants, shops, and parks.
Elevation began the permitting process for the luxury apartment community in 2021, which enabled the deal with Century Living to come complete with land, architectural and engineering plans, and all entitlements and permits.
“This is a unique opportunity to deliver brand-new, high-quality housing to one of Denver’s most valued neighborhoods,” said Jim Francescon, an executive at Century Communities. “With premium amenities and luxury units, The Stevie will provide an elevated quality of living with immediate access to everything LoHi and surrounding neighborhoods have to offer.”
Century Communities, Inc. is one of the nation’s largest homebuilders, operating in 16 states and over 45 markets across the U.S.
