FORMATIV CO has officially broken ground on a new 310-unit multifamily development at 3850 Blake Street, right across from the 38th & Blake A-Line Station in RiNo.
The Denver-based firm, known for transformative urban projects, is calling this the first phase of a broader vision for the area.
It also includes over 600 residential units, 15,000+ square feet of curated retail, and a nationally flagged hotel along Blake and Walnut. Their goal is to create a true anchor on RiNo’s north end.
At full buildout the development will offer compact, design-focused homes averaging 563 square feet, nearly 40% priced for those making 70% of the area median income (AMI), and over 70% affordable to those earning under 100% AMI.
Amenities include coworking spaces, a resident lounge, a private event/game room, indoor-outdoor fitness center, and a 6,000 SF rooftop deck with pool and mountain views. In-unit laundry, full kitchens, and ample storage come standard.
FORMATIV’s team includes Davis Partnership Architects (design), The Weitz Company (GC), and JLL Capital Markets (financing), with funding from CIBC USA.
Construction is expected to take 24 months, with residents moving in by summer 2027.
This project cements FORMATIV’s long-standing bet on RiNo.