PARKER, Colo. — Construction is underway for a $107 million luxury apartment community equipped with retail space in downtown Parker.
The Juniper on Mainstreet project will include 264 apartments and 13,900 square feet of pedestrian-friendly retail and restaurant space, developers said in a news release.
Rockefeller Group, a leading U.S. property developer, and Colorado-based developer MGL Partners, entered a joint venture partnership on the project, which will include two four-story buildings. It will be the first Class-A apartment and retail project in Parker’s historic downtown, the companies said.
Construction is expected to be completed in the second quarter of 2025.
The buildings, set on 8.1 acres, total 305,538 square feet, not including a parking garage, according to Mike Gerber, co-founding partner of MGL Partners. Apartments will range in size from studios to three-bedroom units, with an average size of approximately 910 square feet, he said. In all, the project will feature a net rentable 238,625 square feet for the living spaces.
> Read the full story at the Denver Business Journal.
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