Great views from Sloan’s Lake townhomes

Highlights:

  • Don Gooden plans a dozen new townhomes near Sloan’s Lake.
  • The units will be priced from the high $300,000s to the low $400,000s.
  • Park Place Xll is one of several infill developments planned near Sloan’s Lake.
This is what the views will look like from Park Place XII.

This is what the views will look like from Park Place XII.

Veteran developer Don Gooden plans to ground this summer on the latest residential development near Sloan’s Lake in north Denver.

Gooden, who has developed a number of infill housing projects in LoHi and West Highland, plans to start construction on Park Place XII at 3420 W. 17th Ave. in August. The site is a few blocks east of the southern end of Sloan’s Lake.

Park Place XII will have a dozen luxury townhomes that will be each be in the 1,500 to 1,600-square-foot range.

The three-story units will have a master bedroom, guest bedroom and an office/bedroom on the entry-level, as well as rooftop decks. The land is zoned G-MU-3, which allows three-story units.

Units will be priced from the high $300,000s to the low $400,000s. They are being designed by Ed Enck of S-Arch.

“Ed is an engineer as well as an architect,” Gooden said. “He has designed a lot of homes in the area.”

Gooden, however, doesn’t yet have renderings of the units.

“We just closed on the land,” Gooden said. “We are just starting the process.”

Gooden recently used a boom to take photos on the parcel from the same height of the rooftop decks.

“The views are off the charts,” Gooden said. “They are spectacular. The views of downtown over Sports Authority at Mile High are unbelievable, plus you have these beautiful sunsets over the mountains. I think the views are really going to sell these units.”

That and the location.

I am very big on Sloan’s Lake right now,” said Deviree Vallejo, a broker with Kentwood City Properties.

Vallejo said that the redevelopment of St. Anthony’s is going to transform the Sloan’s Lake neighborhood.

“One of the reasons that LoHi is so popular is because of the retail component,” Vallejo said. “People can walk to all of the retail, restaurants and bars in LoHi. Sloan’s lake has lacked that retail component. In the coming years, people in the neighborhood will be able to walk to all of the new retail at St. Anthony’s. The redevelopment of St. Anthony’s means tremendous upside for Sloan’s Lake.”

In addition, there is the lake itself, the biggest in Denver.

“The lake is great,” Vallejo said. “I don’t know anyplace else in Denver where you have these fantastic views of a lake, downtown and downtown. The Pinnacle at City Park South comes close, but that is on the east side.”

Gooden’s development is about a half block east of the southern border of Framework, a much larger and more expensive community by developer Jonathan Alpert.

Townhomes at Framework will be priced from the high $400,000s, while single-family homes will be priced from the $600,000s.

Both Framework and Park Place XII are a few blocks east of the massive redevelopment of the former St. Anthony Hospital campus by EFG, which could have 1,200 residential units and 300,000 square feet of commercial and retail space. Many observers think the St. Anthony’s redevelopment also will be a catalyst for improving the nearby West Colfax Avenue.

Vallejo said that Framework and Park Place XII are pioneers in rapidly changing area that increasingly is drawing the attention of other developers.

“I’ve heard that a lot of the land along that 17th Avenue corridor is being placed under contract by developers,” she said.

Many of those on the drawing board will be smaller than either Gooden’s or Alpert’s developments, with five or six units, she said.

“Developers are talking to architects about different plans and different designs,” she said. “I’m sure not all of them will happen. But I think the next two years will be pretty monumental for that area.”

Vallejo, who likely will list Park Place XII for Gooden, welcomes the new communities.

“We love it when a new project breaks ground near a building we are listing in LoHi,” Vallejo said. “More development creates a critical mass and generates more interest in an area.”

And don’t forget the views.

“At Sloan’s Lake, you have these phenomenal views that you can’t find anyplace else in Denver.”

For a snapshot of the Sloan’s Lake housing market, please visit 8z Real Estate.

Have a story idea or real estate tip? Contact John Rebchook at  JRCHOOK@gmail.com. InsideRealEstateNews.com is sponsored by Universal Lending, Land Title Guarantee and 8z Real Estate. To read more articles by John Rebchook, subscribe to the Colorado Real Estate Journal.

 

 

 

 

 

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John Rebchook

John Rebchook has more than 30 years of experience in writing and communications. As the Real Estate Editor for the Rocky Mountain News, he wrote about residential and commercial real estate for 26 years. He has won numerous awards for business stories and columns that he wrote, both as an individual and part of teams. In addition to real estate, he also covered economic development, banking and financing, the airlines, and cable TV for the Rocky. In addition, he was one of the original freelance writers for GlobeSt.com, covering commercial real estate for the Internet publication.

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Comments

      • The population increase numbers are surprising, since the job numbers are not up that much. I can’t help think that how illegal aliens are counted greatly influences those numbers, I don’t have the time to research the details. And I wonder about the influence of medical marijuna on the population/jobs numbers, I suspect a lot of those medical marijuna jobs are paid outside of normally documented channels and are not included in job numbers.

        • You are delusional.
          1. The number of (illegal aliens) coming across the border is down. Look at the data which I am too lazy to provide here. And, GDP is ip – https://www.google.com/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gdp_mktp_cd&idim=country:MEX&dl=en&hl=en&q=mexico%20gdp going up and up.
          2. The TFR of México is down to 2.25 according to the CIA. This is compared with a replacement rate of 2.1 Soon, Mexico will actually appreciate the Guatemalans coming across their border.
          3. MMJ is not having an impact. When I moved to Berkeley (it’s the next West Highlands) in mid-July 2011, we had 5 MMJs on Tennyson. The current count is ZERO. The boom is over. That is my anecdotal evidence. Yours may vary.
          4. Of course, the MMJ jobs are paid outside of normally documented channels. None of the banks will do business with these legitimate businesses and they are forced to deal in cash. But, and I no proof of this, these numbers are miniscule in the overall greater Denver jobs picture.
          5. I only hope that we go back to immigration rules that were in effect when MY ancestors got off the boat. In 1752.

  1. We have been living in the sloans lake area for 22 years located at the corner of 17th and julian st. , we are excited about the long over due attention . for years we have enjoyed the rocky Mt. views and picnics in the park . we are looking forward to walking to the neighberhood grill and retail stores . A big thank you to who ever got the ball rolling .

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