Mixed-Use Project Planned in Highpointe Neighborhood
- Feb 03, 2012
A new mixed-use project is planned in Denver and construction could begin as soon as the second quarter, according to The Denver Business Journal. The plan envisions a retail center, luxury apartment complex and retirement community on the highest elevation point in Denver: the Highpointe Neighborhood.
The retail segment of the project located on the corner of I-25 and East Hampden will be handled by D.H. Friedman Properties LLC of Denver. The site is northeast of the high-traffic intersection where the Mariott and then Four Points by Sheraton was located.
The development’s owner David Friedman spoke at a meeting, organized by Denver City Councilwoman Peggy Lehmann, about the project’s three distinct segments and three owners.
On the retail front he said plans call for a full-service restaurant with a rooftop patio so that customers can enjoy the mountain view to the west. Attendees expressed their preference for a local restaurant rather than a chain.
Mike Longfellow, senior vice president at Denver-based Spectrum Retirement Communities LLC, presented the plans for a 90-unit assisted living retirement community for the northern part of the property.
Kevin Foltz, development director of Forum Real Estate Group LLC, said the Veranda Highpointe apartments would feature 362 units in a five-story high complex. Using a 360-degree architecture design, the apartments would wrap around a 520-stall parking garage and two courtyards.
The apartment units are expected to be available by the end of 2013 and the Spectrum facility by mid-2013.
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