Generation Development, a leader in residential development in Denver, and its broker, Slifer Smith & Frampton Real Estate, announced on August 14 that construction has been completed on The Arbory condominiums and the new owners have begun moving in. Located at 1601 Park Ave in City Park West, The Arbory offers 41 for-sale condominiums ranging from urban one-bedrooms to two-bedroom penthouses. To date, 60 percent of the residences have been sold and only 17 units remain.
“We could not be more excited to welcome owners to their new home at The Arbory,” said Chris Lonigro, president of Generation Development. “As one of the only new construction condominium projects in Denver, The Arbory presents a truly unique opportunity – at our price point there are fewer than 35 active condo listings on the market.”
Designed by Studio PBA, the five-story Arbory offers units ranging in size from approximately 550 square feet to 1,360 square feet and a mix of urban one-bedroom; one-bedroom; one-bedroom plus den; two-bedroom; two-story, two-bedroom that lives like a townhome; and two-bedroom penthouse. Each option has a one-of-a-kind floor plan that provides generous amounts of natural light and stylish modern finishes, while certain homes will have a private balcony and views of Denver’s downtown skyline. Community amenities include a shared 2nd-floor interior courtyard; 5th-floor communal rooftop terrace; and a 48-space parking garage with car lift system. There is currently inventory remaining in all residence types with prices ranging from $399k to $1.095 million.
Perfectly situated in one of Denver’s most sought-after neighborhoods, City Park West, The Arbory is located directly between City Park and Uptown, equidistant from downtown and Cherry Creek and near both Cheesman Park and Denver Botanic Gardens, making it perfect for those who want proximity to downtown and Uptown as well as easy accessibility to the diverse local business and restaurants of this well-established neighborhood.
As the exclusive listing broker for The Arbory, Slifer Smith & Frampton Real Estate is eager to show off the finished product – and its value proposition. Owners have begun moving into their new homes already. A new model home will showcase the unique two-story, two-bedroom residence option as well.
“The majority of condos available on the market are more expensive and have higher HOA dues making The Arbory a much better value for buyers,” said Brad Arnold, listing broker for Slifer Smith & Frampton. “Now that we have completed construction and potential buyers can walk the finished community and available homes, I doubt our remaining residences will last long.”
