Pre-leasing has begun at Tempo Nine Mile Station, a new 255-unit multifamily property at the northeast corner of Parker Road and Peoria Street in Aurora. The building is part of the 22-acre “The Point” master-planned development, a vibrant new town center that includes walkable grocery, retail, restaurants, a future park and a planned pedestrian bridge across Parker Road providing access to Regional Transportation District (RTD)’s Nine Mile Station light rail.
Tempo Nine Mile Station by a joint venture of Draper and Kramer, Incorporated, Koelbel and Company, Mile High Development and Urban Roots Development, Inc. KTGY Architects is the project architect and Brinkmann Constructors is the general contractor. The project was financed by a HUD 221 d4 insured loan originated by PGIM Real Estate.
“Demand is strong for high-quality housing in the Denver metro area overall, and that’s especially true in the area neighboring RTD’s Nine Mile Station thanks to the amenities and convenient transit access this location offers,” said Todd Bancroft, president and CEO of Chicago-based Draper and Kramer. “With the launch of our pre-leasing program at Tempo Nine Mile Station, we look forward to welcoming our first residents in the months ahead. We are proud to be adding to this already-thriving live-work-play district, helping it to reach its full potential.”
A five-story luxury rental property, Tempo Nine Mile Station offers one-, two- and three-bedroom units, ranging in size from 542 to 1,321 square feet. The mixed-use building also features 3,000 square feet of ground floor retail. The property is highly amenitized, featuring an outdoor pool and landscaped courtyard, community room, coworking spaces, high-speed Wi-Fi, bike-ski-kayak room, yoga studio, rooftop fitness center and party deck.
With its transit-adjacent location, Tempo Nine Mile Station caters to individuals and families working at Fitzsimons Medical Campus, Denver Technological Center, Buckley Space Force Base, Cherry Creek and downtown Denver. The property’s proximity to the 4,000-acre Cherry Creek State Park, Cherry Creek bike trail and reservoir, and Denver’s JFK Golf Course, which will all be directly accessible via the planned pedestrian bridge, will appeal to future residents seeking an active lifestyle.
“The Point offers so much to those living in the area, with options for shopping and dining and a variety of conveniences just steps from their front door along with entertainment venues, parks and other recreational opportunities,” added Bancroft. “The new property is perfectly situated for anyone desiring a lifestyle where they have an abundance of lifestyle-enhancing amenities in such easy reach.”
Currently in its second phase, The Point is a redevelopment of the former Regatta Plaza site. To date, the project has seen the opening of a new King Soopers store and gas station, and retail including tenants such as Key Bank, Pacific Dental and an IHOP restaurant. Additionally, the city of Aurora will soon begin construction on the pedestrian bridge, connecting The Point to RTD’s Nine Mile Station, that is slated to open in 2026.
In addition to Tempo Nine Mile Station, Draper and Kramer is active in the Denver market as the owner of The Wright, a 203-unit new-construction multifamily property at 6465 S. Xanadu Way in Centennial that the firm acquired last year. Draper and Kramer’s diversified multifamily portfolio includes 20 properties across Chicago, Dallas, Denver, Phoenix and St. Louis.
