Construction is officially underway on the glass-walled luxury condominium tower across the street from Sloan’s Lake that faced an early legal challenge from neighbors over its 12-story height.
One of the few large-scale condo developments to break ground in Denver in recent years, the 206-unit Lakehouse project celebrated its start of construction Wednesday. The development is on schedule for a fall 2019 opening, said Brian Levitt, president of NAVA Real Estate Development.
“It’s no longer a plan. It’s no longer paper,” NAVA CEO Trevor Hines said during Wednesday’s groundbreaking. “Lakehouse is going to be a place that’s unlike anything else available in Denver today.”
Condos at Lakehouse will range in size from 675 square feet to 2,285 square feet, with 1-, 2,- and 3-bedroom floorplans available. Street-level rowhomes along 17th and Stuart streets range from 1,300 square feet to 2,473 square feet.
Sales on the project, which is part of the Sloans redevelopment of the former St. Anthony Hospital campus, began last summer. Units start under $500,000 and go up to $2 million.
Resident amenities at Lakehouse will include a 7,000-square-foot wellness center; outdoor pool, hot tub and “mist lounge” overlooking the lake; organic urban farm and produce program; juice bar; sauna and yoga studio. The project is seeking WELL certification, a third-party building standard focused on resident health and wellness through “air, water, nourishment, light, fitness, comfort and mind.”
What Lakehouse won’t include is income-restricted affordable units. Instead, NAVA is making a direct donation to Habitat for Humanity to cover the cost of building four 4-bedroom homes elsewhere in Denver, Levitt said.
The firm also is helping to subsidize the affordable rental housing that will be built at Sloans, he said. All full build-out, 20 percent of the redevelopment’s housing will be income-restricted, officials have said.