Perry Row townhomes coming to Sloans

Highlights:

  • Perry Row at Sloans only for-sale townhomes at Sloans.
  • Perry Row at Sloans units being designed by Sprocket Design Build
  • Perry Row at Sloans being listed by Deviree Vallejo and Liz Richards of Kentwood City Properties.
Construction will start early next year on Perry Row at Sloans, the only for-sale townhomes at Sloans.

Construction will start early next year on Perry Row at Sloans, the only for-sale townhomes at Sloans.

A local developer expects to start construction in January on 32 townhomes in Sloans, the mixed-use development underway at the former St. Anthony’s Hospital campus

The Perry Row at Sloans townhomes will range in size from about 1,400 to 2,200 square feet and will be priced from the mid-$400,000s to the mid-$700,000s. Eventually, Perry Row at Sloans will include 64 townhomes.

They will be the only for-sale townhomes in the 19-acre Sloans. A 12-story condo tower, Alamo Cinema and Draft House, Tap and Burger and Starbucks also are coming to Sloans.

EnviroFinance Group, the land developer of the site, also is seeking local restaurateurs and chefs to stake out a claim at Sloans.

The developer of Perry Row at Sloans, who has not yet been publicly identified, is expected to close on the property between Conejos Place, West 16th Avenue, Quitman and Perry streets in December. During his career, the developer, who could not reached on Tuesday, has developed more than $1 billion in apartments, retail and mixed-use projects.

Sloans also will include a number of luxury apartment units, including 369 being built by Trammell Crow Residential.

Sprocket Design Build is designing the brownstone-style Perry Row at Sloans.

“It is really going to be a contemporary brownstone style,” said Deviree Vallejo, who is listing Perry Row at Sloans with Liz Richards. Both are brokers at Kentwood City Properties.

“It’s not going to be super modern, but it’s not going to be totally traditional,” Vallejo said about the 3-story townhomes. “I think people are really going to like the way they look.”

Some of the units will have private yards. Perry Row units will have rooftop decks, providing views of the mountains, Sloan’s Lake and downtown’s skyline. Units have high-grade finishes that buyers of new townhomes in this price range have come to expect, Vallejo said.

This map shows the boundaries of the 32-unit Perry Row at Sloans townhome development, across from Sloan's Lake.

This map shows the boundaries of the 32-unit Perry Row at Sloans townhome development, across from Sloan’s Lake.

 

They are creating a priority list for prospective buyers.

“We expect a very strong demand for these units,” Vallejo said. “Our list of interested buyers is growing every day.”

She said it will pay to get on the list sooner rather than later.

“Basically, it will be first-come, first serve,” Vallejo said. “We will reward people who are on the list early by giving them the first opportunity to buy.”

She said the location is a big selling point.

Perry Row at Sloans is one block south of Sloan’s Lake, the largest lake in Denver and the second largest park.

The Perry Row site is three blocks north of the Perry Street Light Rail Station, which is a short ride to Union Station that will have rail service to Denver International Airport next year.

“You are only two miles from downtown,” Vallejo said. “Literally, you will be able to hop on the light rail and catch a train to DIA. It will be great.”

Sprocket Design-Build is designing the Perry Row at Sloans, where townhomes will be priced from the mid-$400,000s to the mid-$700,000s.

Sprocket Design-Build is designing the Perry Row at Sloans, where townhomes will be priced from the mid-$400,000s to the mid-$700,000s.

Perry Row at Sloans is expected to attract empty nesters and young professionals, according to Vallejo and Richards.

Vallejo said she thinks it Perry Row at Sloans will be especially attractive to empty nesters moving from the suburbs.

“You have these people selling their 5,000-square-foot home in Evergreen or Centennial or Castle Rock, or wherever and they want to move into the city,” she said

However, they are turned off by the noise and the condition of nearby buildings in some neighborhoods.

“They don’t want to be living next to a building that looks like it is going to collapse,” she said

She said Sloans reminds her of what happened to the Central Platte Valley, after East West Partners turned the old rail yards behind Union Station into a mixed-use community that it called Riverfront Park.

“Everybody thought East West was crazy. Who would want to live next to the railroad tracks? Now look at it. It has some of the most expensive real estate in Denver.”

Sloans has a head start, because it is close to already trendy neighborhoods such West Highland, Berkeley, Sunnyside and Jefferson Park, as well as Edgewater and Wheat Ridge, she said.

 

Interested in buying a home in Sloan’s Lake? Please visit COhomefinder.com.

Have a story idea or real estate tip? Contact John Rebchook at JRCHOOK@gmail.com. DenverRealEstateWatch.com is sponsored by 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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