3245 N Eliot Street

Today we visit Denver's Highland neighborhood where a 124 unit apartment building recently broke ground at the corner of N Eliot Street & W 33rd Avenue. Previously, this site housed the Habitat for Humanity Denver headquarters, which decided to relocate due to the need for additional office space.

Trailbreak Partners successfully secured $24.3 million in construction financing for the three-story luxury structure. The 124 units will include a balanced mix of studio, one-bedroom, and two-bedroom units, with an average size of 647 square feet.

Twelve units will be reserved for residents earning up to 80% of the area's median income. Each apartment will feature vinyl plank flooring, custom cabinetry, stainless steel appliances, walk-in closets, in-unit washers/dryers, and large windows leading out to private balconies.

In addition to high-quality apartment interiors, residents will enjoy a comprehensive suite of community amenities including a clubhouse, resort-style plunge pool, hot tub, courtyard, roof deck, remote working spaces, fitness center, and a sub-grade parking garage, further enhancing the living experience.

The construction loan for the development was secured through FirstBank by Rob Bova and his team at JLL Capital Markets.

Completion is expected Q4 2024.