Swinerton In the News

Swinerton Builders Colorado: March 23, 2012

Speer, I-25 Getting Luxury Apartments

Allied Realty plans to soon start the demolition of rundown buildings near Speer Boulevard and Interstate 25 to pave the way for a 332-unit, $80 million luxury apartment community.

The development, called 2785 Speer, has been almost five years in the making and is by far the largest apartment development planned in northwest Denver, said Lauren Brockman, principal of the Denver office of Allied Realty.

“This is just an amazing project and we are proud to be participating in it,”  said Scott Conrad, division manager for Swinerton. “My own view, is that this is a great time to be developing multifamily. Not only is the market unbelievably strong, but I think that we are going to be see inflation of commodities and labor in the future. And interest rates are obviously very favorable and debt and equity are available.”

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