Directly across from Sloan Lake lies a two block development site beginning from the corner of Sheridan Blvd and W 17th Avenue to the corner of Sheridan Blvd and Annie Place.
Grays Development is a Colorado based real estate and investment firm specializing in land and multifamily investments with projects in Littleton, Denver and Colorado springs.
Edgewater Flats will consist of 67 units with a mix of 27 studio, 28 1-bedroom and 12 2-bedroom units. Each unit will consist of luxury finishes, in-unit laundry, hvac, on-site storage and outdoor community space.
"Grays Development Company is excited to contribute to the immense redevelopment taking place in the Sloan’s Lake and West Colfax neighborhoods. With strong macroeconomic trends in the Denver CBD, and large redevelopment projects planned for Fox Park, River Mile, and Ball Arena, we are confident that Denver will continue to see growth and strong demand trends," says Christopher Musselman, Senior Financial Analyst at Grays Development.
"As one of the prominent entryways from Lakewood into Denver, we are proud to work with Galloway to design a “gateway” into the city, as well as work with our neighbors to connect Sloan’s Lake to Colfax, and improve commuter safety, with a new sidewalk and tree lawn."
Construction on Edgewater Flats is expected to begin the Q1 of 2023, with an anticipated completion taking place 16-19 months after project commencement.
With the addition of 67 luxury units, we expect the delivery of Edgewater Flats to positively effect the booming market around Sloan Lake and compliment the recently developed Alta Sloan's Lake directly across the street.
We'll be sure to check back at ground breaking with any updates!