Charlotte, North Carolina-based multifamily developer and operator Quarterra is expanding its Denver footprint with its 11th property in the city and second in the Golden Triangle neighborhood, Kindred Apartments, which opened for leasing earlier this month.
The 224-unit property, designed by Denver architect Shears Adkins Rockmore, is built to fit in with the surrounding urban environment, defined by its cafes, vintage shops and public murals, according to the developer. The exterior consists of broad, asymmetrical windows across a white panel facade, set off by an upper-level courtyard and a column of curved resident balconies. The building also offers 3,800 square feet of street-level retail.
Kindred’s close neighbors include the Museum of Contemporary Art Denver, Colorado Convention Center, Denver Art Museum, History Colorado Center, Civic Center Park, the U.S. Mint and the Denver Public Library.
“Kindred puts residents within walking distance of all the top cultural sites in Denver,” said Chris Gillies, city president for Denver at Quarterra, in the press release. “The Golden Triangle is 45 square blocks of art, education, destination dining and unique bespoke shops.”
Empower Field at Mile High, Ball Arena and Coors Field are also located a short distance away, and the Broadway and Speer Boulevard corridors offer access to the city’s bus and train systems.
The studio, one-bedroom and two-bedroom units at Kindred include kitchens with stainless steel appliances, quartz countertops, vinyl plank flooring in living areas and in-unit laundry. Select units have kitchen islands, mudrooms and work-from-home spaces, as well as a smart home suite including thermostats and smart windows.
A sixth-floor amenity deck includes outdoor fire pits, gaming areas and a spa, while the 14th floor offers a lounge with views of the city and the Front Range Mountains. A 24-hour fitness center, pet porch, dog run and resident storage are also available. A five-floor parking garage includes bike storage and 13 electric vehicle charging stations.
Quarterra is a wholly owned subsidiary of Miami-based home builder Lennar, known until July 2022 as Lennar Multifamily. Lennar had planned to spin off Quarterra into its own company later that year, but halted those plans due to unfavorable market conditions.
In December, Lennar placed its entire rental multifamily portfolio on the market for sale, totaling over 11,000 units reportedly worth over $4.5 billion.
