Wood Partners Announces Plans to Build Alta Alameda Station in the Diverse and …


DENVER, CO, May 07, 2012 (MARKETWIRE via COMTEX) –
Perry Mason never lost a case in Denver and a piece of the filmed
legacy of the famed fictional defense attorney will be preserved at
Alta Alameda Station, a new apartment community to be built by Wood
Partners, L.L.C., a national multifamily developer with two other
luxury apartment communities in the Denver Metro Area.

Alta Alameda Station, a 338-unit community to be built on more than
five acres at 275 Cherokee St., is located in the historic Baker
district west of S. Broadway. It is directly across the street from
the Alameda Light Rail station, which provides rapid access north to
downtown Denver and south to the Denver Tech Center.

“Alta Alameda Station reflects our commitment to locating
energy-efficient, transit-oriented apartment homes in vibrant, urban
neighborhoods with easy access to local entertainment, dining and
shopping,” said Tim McEntee, Wood Partners director for the Rocky
Mountain region.

Construction will begin in early May on the property’s three
buildings, each four stories tall. Alta Alameda Station will be open
for lease in the summer of 2013 and is expected to be complete in
early 2014.

Alta Alameda Station will be constructed at the former site of the
Denver Studio Complex, owned and operated since 1988 by Lighting
Services Inc., which is relocating a few blocks away. It was used in
the production of most of the 22 Perry Mason movies-of-the-week
filmed in Denver until the death of series star Raymond Burr in 1993.

The witness box where Perry Mason routinely prodded confessions out
of recalcitrant rogues has been preserved and, along with other
artifacts and photos of Colorado’s film history, will be part of the
design of Alta Alameda Station.

Wood Partners developed Alta Aspen Grove in Littleton, as well as the
forthcoming Alta City House project currently being constructed
adjacent to Union Station. The company has a policy of green building
at all new developments, and Alta Aspen Grove was the first
market-rate apartment community of stick frame construction to be
certified under Leadership in Energy and Environmental Design (LEED)
for Homes in Colorado.

Alta Alameda Station also will be an environmentally sound community
featuring a sustainable green design and an outdoor orientation.

“This community will be designed and built to attract residents who
want the ‘Baker lifestyle’ — pedestrian-friendly urban living with a
creative, diverse population and unique living spaces,” McEntee said.
“There will be a courtyard and rooftop terrace to take advantage of
Denver’s 300 days a year of sunshine, along with a dog park and a
bicycle workshop.”

Alta Alameda Station will offer a range of studio, one-, two- and
three-bedroom units, each with a patio or deck and vinyl plank
flooring in entryways, kitchens and bathrooms.

Full-size washers and dryers, granite kitchen countertops, hardwood
kitchen and vanity cabinets, stainless steel appliances, oval soaking
tubs in master bedrooms, walk-in closets, iPod docking stations and
high-speed internet and networking wiring are among the features
available.

Community amenities will include a state-of-the-art fitness center
equipped with free weights, cardio and strength machines, yoga and
spin areas and stretching area with flat panel TV displays. A
serenity/meditation room, secured parking and storage areas,
business/office center with wireless Internet, landscaped courtyard,
water features, grilling area with flat panel TV displays, rooftop
terrace with indoor/outdoor lounge, a resort-style pool area, dog
wash, dog park and bicycle workshop.

The complex includes a set-aside route for a bicycle-pedestrian path
that will connect to the Alameda Light Rail station as well as the
Platte River Greenway and a planned lifestyle mall south of the
station.

Steve O’Dell and Chris Cowan of Apartment Realty Advisors were the
brokers on the transaction. The project’s design team comprises Paul
Bergner of PBA, John Norris of Norris Design and Billy Harris of
Harris Kocher Smith.

About Wood Partners
Wood Partners is a national real estate company
that acquires, develops, constructs and property manages high density
and mixed-use communities. In 2011, it was ranked the nation’s No. 1
multifamily developer with 3,750 unit starts. Through quality
construction, responsible land development and intelligent design,
our communities reflect the aesthetic and social fabric of the
community and provide a luxurious living experience at a fair price.
The company has been involved in the development of more than 40,000
homes with a combined value of more than $5.5 billion nationwide.
Wood Partners has offices in 15 major markets nationwide including
Atlanta, Baltimore, Boca Raton, Boston, Charlotte, Dallas, Denver,
Houston, Newport Beach, Orlando, Phoenix, Raleigh-Durham, San
Francisco, Seattle, Washington, D.C. To learn more about Wood
Partners, please visit our Web site at
www.woodpartners.com .



        
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SOURCE: Wood Partners


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About Loren Bimler

Loren is a long-time Denver real estate investor. He has bought, remodeled and sold homes throughout the Denver metro area. Loren has also invested in commercial real estate. He is an entrepreneur who has owned multiple businesses and is a licensed real estate agent in the state of Colorado. Loren and his wife, Karen Bimler, make up Team Bimler at Your Castle Real Estate. If you would like more information about the Denver Real Estate market, give Loren a call at 720-837-0831.
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