One of the first large-scale condominium developments built in Denver in years will launch sales this week.
The cost of getting a slice of 12-story luxury tower across the street from Sloan’s Lake: Units in Lakehouse will start in the mid $400,000s and go up past the $1 million mark.
“We feel the condo market is strong,” NAVA Real Estate Development CEO Trevor Hines said Monday. “People are still moving to Colorado. They’re used to a certain standard of urban living and as Denver grows, there’s just not enough condos for everybody. We want to meet that demand.”
Denver-based NAVA plans to break ground in the fourth quarter on the 206-unit project, which at 17th and Raleigh streets anchors the northwest corner of Sloans, the seven-block redevelopment of the former St. Anthony Hospital campus.
An on-site sales center — equipped with a model kitchen and bathroom — will be open regular hours starting Friday. On Monday, crews were busy putting the finishing touches on the center, which sits on what will later become a public plaza in front of the tower.
“There’s a solid demographic of people who want this type of product — flexible, low-maintenance, beautiful, well-built, urban — but cannot find that product,” Hines said. “A lot of the interest we’ve had is from people who are paying a lot of money to live in apartments downtown, high-end apartments, but they’d rather own.”
Resident amenities at Lakehouse will include a 18,000-square-foot outdoor deck on the third level, with an urban farm, pool, hot tub, cabanas and gardens; and a “fitness lab” with state-of-the-art exercise equipment, yoga room, sauna and juice bar.
Finishes in the one and two-bedroom condos will be modern and natural — hardwood floors, Italian cabinetry, Kitchen Aid or Jenn-Air appliances, soaking tubs and stone and tile accents. Units will range in size from 675 square feet to 2,473 square feet, and just under half the one-bedroom condos will have a den.
Designed by Denver-based RNL and Houston’s Munoz + Albin, the project is also seeking WELL certification, a third-party building standard focused on health and wellness through “air, water, nourishment, light, fitness, comfort and mind.”