Denver, CO—The Lowry Redevelopment Authority (LRA) has selected Embrey, an award-winning San Antonio-based multifamily developer, to build and manage a 350-unit luxury apartment community at Boulevard One at Lowry.
Boulevard One is the last neighborhood at the former Lowry Air Force Base to be built by the LRA. The 70-acre, mixed-use development is well underway, with new roads, parks and homes under construction.
Embrey, a 41 year-old, family-owned company, will build the Boulevard One Apartments on Lowry Boulevard and Quebec Street
“Embrey is aligned with our vision,” said Monty Force, Executive Director of the LRA. “They take a long-term approach to building high quality places in the midst of urban, mixed-use communities.“
“It’s an honor to be working with the Lowry Redevelopment Authority on this last key piece of Lowry’s master plan,” said Jeff Booth, Executive Vice President of Development. “Embrey is excited to bring its award-winning brand and talent for designing an experience with a “sense of place” to this exceptionally conceived development.”
Boulevard One Apartments will be adjacent to a community park and a mixed-use town center with a variety of gathering places, adding a social vibe to the area. A juice and coffee bar will serve apartment residents and the greater community.
The studio, one, two and three-bedroom apartments will feature high quality finishes consumers expect in quality single family homes, such as stainless Energy Star appliances, designer cabinetry, tiled backsplashes and coordinating hard surface countertops in kitchens and baths. Sixty-five percent of the apartments will be studios and one bedrooms. The average apartment will be approximately 940 square feet, with average monthly rents ranging from $1,650 – $3,300.
Residents will also enjoy a resort -style pool with a lush landscaped courtyard, heated spa, fountain and fire feature. A fitness center overlooking the pool will have state-of-the art equipment and a yoga studio. Two landscaped courtyards, outdoor cooking areas and a resident lounge will offer gathering places along with conveniences like an on-site bike and ski repair shop and enclosed dog wash facility.
The building itself will be designed to meet LEED Gold requirements with extremely energy efficient design, electrical and plumbing fixtures, appliances and HVAC systems. Embrey envisions contemporary yet timeless architecture with an interesting palate of views, materials and colors. Buildings will be three stories along Quebec Street, stepped back 30 feet to four stories. Minimum parking requirements will be 1.5 spaces per apartment, as set forth in the Boulevard One Community Design Guidelines. This is higher than city zoning requires.
Among Embrey’s many properties are the The Can Plant Residences and Artessa at Quarry Village in San Antonio, AMLI at Inverness in Englewood and Arvada Station in Wheat Ridge.
Much of 2016 will be spent on detailed site planning and approvals, with construction projected to start by year end.
Embrey is a fully integrated development, construction and property management operation specializing in multifamily and commercial projects. Founded in 1974, Embrey has partnered in projects totaling 40 million square feet of multifamily and commercial properties in 10 states.
About the Lowry Redevelopment Authority
The Lowry Redevelopment Authority is a quasi-governmental entity created in 1994 by the cities of Denver and Aurora to redevelop the former Lowry Air Force. The LRA is the master developer of Lowry, with responsibility for land planning, engineering, parks construction and sale of property to residential and commercial developers. Today, Lowry is one of Denver’s premier neighborhoods and a national model of sustainable development. More than 25,000 people live, work, play and go to school there.
Hilarie Portell, Lowry Redevelopment Authority 720.810.3906 firstname.lastname@example.org
Suzanne White, Embrey 210.804.5245 email@example.com