MGL Partners to Develop Attainable Housing Near Anshutz Medical Campus
MGL Partners (MGL), a Denver-based multifamily, senior, workforce and affordable housing developer, is set to develop a new multifamily community with its equity partner Hartford Investment Management Company (HIMCO) on the southwest corner of E. 13th Ave. and Peoria St. in Aurora.
Designed by Santulan Architecture, the new community will offer studio, 1-, 2- and 3-bedroom apartment homes along with Class A amenities, including a community fitness center with a spinning and yoga room, an outdoor pool, a clubroom, and a co-working lounge with private workstations. The project is set to break ground in mid-March with estimated completion in 2024. B.C. Builders is the general contractor and Denver design firm TRIO has been engaged in the interior design and activation of the common areas. Pacific Western Bank provided construction financing.
The 355-unit, seven-building apartment community will provide much-needed workforce housing options for the 19,000 employees and 4,000 students connected to the University of Colorado Anschutz Medical Campus and Fitzsimons Innovation Community just a few blocks away.
“The Fitzsimons Innovation Community and the University of Colorado Anschutz Medical Campus are set to become one of the largest employment centers in the Rocky Mountain region,” said Mike Gerber, co-founder of MGL Partners. “We’re proud to be involved in yet another project in this area that will ultimately deliver quality housing for healthcare providers, innovators and researchers for years to come.”
MGL has previously developed two other projects in the area, Lumien at Fitzsimons and Edge Point Apartments – both affordable housing projects.
Renderings courtesy of MGL