Atlanta-based Gables Residential is moving forward with an apartment project in Denver’s Cherry Creek neighborhood. This residential project has been named Gables Jackson and will be located between at 351 South Jackson Street. At its tallest point this project will reach 12 floors.
Rendering courtesy Gables Residential.
ARA, a Newmark Company provided brokerage services on the sale of the 1.28-acre site where this project will take shape.
Denver-based Executive Managing Directors for ARA Colorado’s Land Services Team, Chris Cowan and Steve O’Dell, served as lead brokers for the seller in marketing the development site.
“The new Cherry Creek District Zoning that was approved and implemented in 2014, created tremendous development opportunities for the high-profile site,” stated Steve O’Dell. “While many qualified groups had the vision to build on the site, Gables Residential was the best fit considering their adjacent project.”
This project will contain 242 apartment units and represents the 3rd phase of Gables Cherry Creek. The other two phases are the project between 3rd and 4th Avenue at Monroe, and construction on the first development near Alameda and Monroe Street is nearing completion where units slated to be ready for residents this fall.
Gables Residential is also developing the apartment project at Speer Boulevard and Sherman Street that is currently under construction. This project recently reached its full height at six floors.
Rendering courtesy Gables Residential.
Area Vice President of Investments, Josh Landry represented Gables Residential, the buyer, in this transaction.
“We selected Denver as an emerging apartment market where we believe our product type is in high demand. The city has welcomed us and has been a pleasure to work with over the past several years,” said Landry. “Gables Cherry Creek has been built to cater to multiple demographics seeking an enhanced lifestyle with concierge services and first-class amenities. The response to our first phase of Gables Cherry Creek has been overwhelming. Closing on our third phase allows us to continue delivering a highly desirable product to the Denver market.”
Houston-based Ziegler Cooper is the architecture firm that designed this project.
Construction is expected to be completed on Gables Jackson in 2018.
Rendering courtesy Gables Residential
There are 2 comments
I believe this is actually 351 S Jackson Street.
[…] Below is a photo of the Speer Boulevard Apartments at Speer and Grant Street. This project is being developed by Gables Residential who recently announced plans for a 12-story project in Cherry Creek. […]