Transit-Oriented Apartment Community Breaks Ground in Aurora
Legacy Partners and joint venture partner Griffin Capital Company, LLC announced that Legacy Metro 525, a 380-residence, transit-oriented apartment community coming to Aurora, has broken ground. The project will feature a mix of 380 studios and one-, two-, and three-bedroom apartment homes with an average unit size of 846 square feet.
KTGY is the architect for Legacy Metro 525. The development team also includes Catamount Constructors, Jordan & Skala Engineers (MEP), Studio 10 Interior Design (interiors), S. A. Miro (structural engineer), Ninyo & Moore (geotechnical), Kimley-Horn (civil engineer), Norris Design (landscape and planning), and NINE Dot ARTS (exterior art consultant).
Legacy Metro 525 is the latest community Legacy has built and managed in the Denver Metropolitan Area. Adding more than 1,600 homes to the market in the past five years, Legacy’s developments also include TriVista on Speer in Denver, Legacy on the Promenade in Westminster, Legacy at Fitz in Aurora, and Araceli, which recently broke ground near Denver’s Tech Center in September 2022.
“Legacy Metro 525 will be a market-leading multifamily project in Aurora, offering our residents large state-of-the-art homes, the latest in modern amenities, and excellent access to major employers and outdoor recreation,” said Lane Cutter, senior managing director at Legacy Partners. “As an added community benefit, we will be engaging with Denver’s noted exterior art consulates NINE Dot ARTS to curate incredible art experiences, as well as with local artists to give Metro 525 a unique character befitting its excellent design.”
Legacy and Griffin Capital closed on the construction financing with a loan from Poppy Bank of Santa Rosa, California. The site, located at 525 S. Dawson St. in southern Aurora, was purchased in September 2022. Cushman & Wakefield’s team of Wade Fletcher, Jim Capecelatro, and Mike Kboudi brokered the transaction.
Planned as a mid-rise, transit-oriented community, Legacy Metro 525 will be adjacent to the Sable light rail station and near I-225 and Highway 83, just minutes from Anschutz Medical Campus and Fitzsimons Army Medical Center, as well as major employers such as AIMCO, Microsoft, Zoom Video Communications, and Progressive Insurance. Numerous outdoor recreation destinations, including Cherry Creek State Park and Meadow Hills Golf Course, are nearby.
The community will offer extensive amenities including a sky lounge and sky deck with unobstructed views of downtown Denver and the Front Range; large clubroom with catering kitchen, pool table, seating, and dining areas; fitness center; pool and spa; bike and resident storage rooms; dog wash and park; two courtyards with a community garden; and electric car charging stations. Additional features include bulk internet that provides private property-wide Wi-Fi coverage and a co-working area with two private conference rooms.
“Legacy Metro 525 represents our sixth collaboration with Legacy Partners,” said Eric Kaplan, president, Griffin Capital. “Together, we have successfully developed exceptional and sought-after living experiences, and we anticipate providing yet another outstanding residential asset in the high-growth market of Aurora upon its completion.”