Encore Enterprises Seals Deal in Mile-High City
- Aug 18, 2015
By Ioana Neamt, Associate Editor
An out-of-state investor is making a commitment to the Denver multifamily scene.
Encore Multi-Family LLC, a subsidiary of Dallas-based Encore Enterprises Inc., has recently unveiled plans for a 226-unit apartment community in Denver’s South Broadway neighborhood. The company purchased a 5.83-acre site that will be the home of a new three-story, Class A community dubbed Encore Evans Station. Construction on the project is expected to begin in early 2016, with completion scheduled for mid-2017.
“This is Encore’s second of several planned multi-family communities in the Denver metro area,” said Brad Miller, president of Encore Multi-Family in a prepared statement. “The lower-density urban/suburban design will differentiate the community from other high density properties in the sub-market and will include many interesting amenities including the largest pet park in the sub-market,” Miller added.
The new garden-style community will be located within a half-mile from the Evans light rail station, and will include an attached clubhouse. The light rail line offers access to downtown Denver and the Denver Tech Center corridor.
The undisclosed seller of the land was represented by ARA Newmark Managing Directors Chris Cowan and Steve O’Dell.