The groundbreaking is scheduled for 9:45 a.m. August 8, 2012 at 2851 W 52nd Ave, Denver, Colo. Mayor Michael B. Hancock, Dist. 1 City Council Member Susan Shepherd, Rick Garcia, Regional Administrator of HUD, Urban Ventures principal Susan Powers, Chuck Perry and Jonathan Rose, Principals of Perry Rose will be in attendance.
Aria Denver is designed for residents who want to live green and be engaged with their neighborhood. The project will be an inter-generational community consisting of families, single person households, young couples just starting their careers or attending college, and empty nesters who want to live in a neighborhood that reflects sustainable values and creates a strong sense of community. A significant part of the 17.5 acre site will be set aside for community gardens, providing residents and commercial tenants an opportunity to grow much of their own produce. Residents will have tools, resources and programs that facilitate an active simplified lifestyle, and ability to interconnect and to live green.
“Aria Denver will be a positive addition to the city as we work to create a smart, more livable Denver,” said Mayor Hancock. “The City is proud to invest Neighborhood Stabilization Funds (NSP) in this project not only because of the jobs it will create both during and after construction, but because we recognize the importance of strong neighborhoods to the continued vitality of our city.”
Located in the Regis-Berkeley neighborhood just eight minutes from downtown Denver and a block from Regis University and its opportunities for lifelong learning, Aria Denver is ideally situated for urban living. Aria Denver, an $80m project at buildout, will include green compact townhomes and apartments with shared outdoor amenities, close to jobs services and culture, at prices affordable to working singles and families.
Residents will enjoy a wide range of housing alternatives, including for-sale townhomes; affordable and market rate apartments, live/work lofts, co-housing living units, and condominiums.
In addition to the residential uses, the redevelopment will include neighborhood serving retail near the corner of 52nd Ave. and Federal Boulevard. The new retail will be an amenity to Aria Denver residents and to the existing community.
A network of gardens, pocket parks and pathways, combined with community programming in the public spaces, will serve the residential uses, promote pedestrian activity and connect the diverse community both physically and socially.
“We see Aria Denver as a community with intention,” said Susan Powers of Urban Ventures, LLC. “We’ve spent the last five years working with the Sisters of St. Francis to plan for a neighborhood that respects the historical importance of this property. We believe that Aria Denver will be a unique neighborhood that will attract people who are seeking a lifestyle that embraces the building of community spirit. We are very grateful for the support of the Mayor, the Denver City Council and DURA in helping us make this vision a reality.”
About Urban Ventures, LLC
Urban Ventures, LLC is a Denver-based real estate development company whose mission is to create socially and environmentally responsible communities. Susan Powers, and four partners, formed Urban Ventures in 1998. Over the past 14 years, Urban Ventures has developed five award winning residential and mixed use developments in a variety of neighborhoods close to downtown Denver. These include Fire Clay Lofts, Highland Bridge Lofts, Monarch Mills Lofts, Highland Terrace and the first student housing project on the Auraria Campus-Campus Village Apartments.
About Perry Rose, LLC
Perry Rose, LLC is the Denver Office of Jonathan Rose Companies is an award-winning green real estate firm providing investment, development and planning services. Its mission is to strengthen the fabric of communities. The firm works with cities, not-for-profit organizations and private clients to develop creative solutions to real estate challenges.