Equity Ventures Commercial Development and project partner Wall Development Group have begun construction on multiple residential developments — including affordable housing — at the 34-acre Gateway Landing mixed-used development in Green Valley Ranch. In addition to the residential offerings, the development partners will also introduce a regional park for residents, local employees and visitors to enjoy and recreate. The introduction of several new residential anchors and a regional park represents the initial phase of the larger 112-acre development.
Through partnerships with Overland Property Group (OPG) and The Dinerstein Companies (TDC), the development will deliver approximately 525 residential units of multifamily, affordable and market rate apartments, respectively, to accommodate a wide variety of incomes and offer a mix of uses in the community.
“Gateway Landing is the way of the future in development, and in this new era, mixed-use environments must be intentionally designed from a synergistic point of view. These community centers won’t just be a place for retail, but a community hub of medical, business, retail, restaurant and residential offerings where community members can fulfill their everyday needs,” said Mark McPherson, president and founder of Equity Ventures Commercial Development. “We are proud to introduce these new massive residential anchors, one of which will offer affordable housing options in the region, and look forward to welcoming new, extraordinary residents to this area. The various residential products offer unique designs, convenience and affordability, which will further establish Gateway Landing as a ‘one-stop-shop’ for this emerging community.”
Amid a surge in demand for affordable housing, The Reserves at Green Valley Ranch by OPG will address this highly sought-after residential need for the City and County of Denver. Providing high-quality, affordable housing for various income levels, these two residential projects will include 216 units of one, two and three-bedroom apartments, a 7,500 square-foot clubhouse with amenities such as a 24/7 fitness center, movie theater, game room, indoor and outdoor fireside rooms and a business center.
The Reserves at Green Valley Ranch will be complemented by new quality retail and restaurants on Green Valley Ranch, local schools, medical services and recreation, as well as Millennium Green Valley Ranch, a seven building, three-story market rate apartment complex delivered by TDC, one of the leading “green” developers in the country. Developed intentionally to accommodate the regional workforce, this 312-unit complex will offer contemporary apartments. Based on its quality and attainable rates, the project will set a new standard in residential for Green Valley Ranch.
To enhance a greater sense of community within the Gateway Landing development, the development partners will also introduce a regional park for residents, local employees and visitors to enjoy and recreate.
Tony Pierangeli and Erik Christopher, managing principals of SRS Real Estate Partners, will manage the leasing transactions as the brokers for the Gateway Landing commercial properties.
