Recent News
Carmel Partners Breaks Ground on ‘Forge,’ Modern Apartment Complex in Denver, CO

The 408-unit community to find inspiration in Denver’s vibrant RiNo neighborhood

Since the founding of Carmel Partners almost twenty-six years ago, the firm has demonstrated a keen ability for identifying opportunities in the nation’s most desirable and competitive markets. Carmel Partners’ roots started in Colorado, and deep knowledge of the Denver market is fundamental to its successful history of translating neighborhood appeal into distinctive multifamily projects.

North of downtown Denver is one of the metropolitan area’s fastest growing neighborhoods, a uniquely artistic destination known as the River North Arts District (RiNo). Repurposing its historical factories and warehouses are trendy restaurants, jazz bars, art galleries and office spaces–a handful of dynamic destinations to attract a diverse crowd of both residents and tourists. Establishing a footprint in this flourishing neighborhood, Carmel Partners announces the groundbreaking of luxury apartment complex, ‘Forge,’ located on 3900 Brighton Boulevard. 

As Carmel Partners prepares to introduce Forge within RiNo’s streets, the firm feels confident in the property’s future appeal due to the neighborhood’s steady growth, particularly among a millennial crowd. Known as a competitive employment hub, RiNo connects residents to opportunities in downtown Denver and the Uptown Medical District, along with an abundance of technology employers and local startups within the neighborhood itself. Housing over 1.5 million square-feet of office and retail space in the area, RiNo remains an ideal location for urban professionals.

The property also sits just one mile from Larimer Street, a destination known for its upscale restaurants, night-life scene and retail options, and adjacent to both Natural Grocers and Whole Foods. Also nearby is North Wynkoop, an additional entertainment destination spanning 14-acres and including the Mission Ballroom and a 4,000 seat event center. Bringing energy to RiNo’s streets are colorful murals on buildings and alleys, creating an eye-catching experience to complement the vast array of entertainment opportunities. Knowing the importance of a work/life balance to the millennial resident, Carmel Partners sees added value in Forge’s surrounding neighborhood amenities.

Providing connectivity to these attractions is the 38th and Blake Street light rail station, located adjacent to the property. A new station with access to the A line, the light rail’s 22-mile route spans between Union Station and the Denver International Airport. As an activity-oriented alternative to public transportation, Carmel Partners positions Forge in an area rich with walking and biking-friendly streets, with newly added bike lanes.

Within this bustling neighborhood, Carmel Partners will introduce a seven-story building containing five floors of residential units above two-stories of parking and ground floor retail. Atop a 3.77-acre site, Forge will look to its vibrant surroundings for exterior and interior inspiration. 

Carmel Partners embraced a mixed-use approach in the design of Forge, opting for numerous intimate amenity spaces to fit a variety of resident needs, each space with a distinctive aesthetic. In its dynamic design, Forge will become an embodiment of RiNo’s eclectic people and places, inviting new residents to immerse in the neighborhood’s irresistible atmosphere. Thoughtfully designed amenities will include a 7th floor sky lounge, a fitness center and yoga studio and a coworking space. 

Inviting residents to enjoy Colorado’s nearly year-round sun, Carmel Partners will add two interior courtyards, enhanced with barbeques, a firepit, pool and spa. Providing additional opportunity to immerse outdoors will be the nearby River North Park and Promenade, and the South Platte River Greenway, a 28-mile trail used for walking, running and biking. 

Upon Carmel Partners’ completion planned for early 2024, Forge will offer a high quality finish that extends into the property’s 408 apartment units. Beginning in the kitchen, solid surface quartz countertops will meet full-height tile backsplash, along with modern cabinetry and stainless steel appliances. Walk-in closets and private balconies in a portion of units will add a spacious element to the contemporary homes, ranging in size from studio to two-bedrooms.

As the vision of Forge is brought to life, Carmel Partners prepares to welcome apartment-seekers to a neighborhood showing continuous signs of growth and popularity. In a space as energetic as its surroundings, residents will revel in the RiNo lifestyle.

Carmel Partners celebrates the Forge groundbreaking as part of an extensive development pipeline.  Notable recent launches include Drivetrain, another exciting multifamily project in Denver’s RiNo neighborhood and VOX at Cumulus District in Los Angeles. Carmel Partners’ vision with Cumulus District is to create a mixed-use destination and vibrant new community at the intersection of Culver City and West Adams, two up-and-coming Los Angeles neighborhoods. Building upon this L.A. area rich with history and appeal, VOX offers 900 modern apartments adjacent to the new Expo rail line with easy access to all Los Angeles has to offer. 

About Carmel Partners

Carmel Partners is one of the leading specialists in real estate investment management with a focus on U.S. multifamily acquisition and renovation, and development and construction. The company also specializes in debt and lending opportunities. Carmel Partners, LLC was founded in 1996 and has offices across the country, including San Francisco, Los Angeles, Irvine, New York City, Seattle, Washington D.C., and Denver. For more information, please visit www.carmelpartners.com.

 

News Reporter