Fifield Breaks Ground on Arden Englewood Apartments
Arden Englewood Apartments, a 302-unit, transit-oriented multifamily development, has broken ground on the site of the former Sports Authority headquarters parking lot located at 3615 S. Jason St. in Englewood, which has been vacant since 2016. Read the full article here
“Englewood is one of the most connected communities in the Denver area and has been experiencing significant growth in terms of new jobs and new residents, yet multifamily development, especially for upscale apartments like those we are bringing with Arden Englewood, has lagged,” said Erin Spears, president of Fifield Cos., the developer of Arden Englewood Apartments. “With two RTD light rail stations providing direct service to downtown Denver and Littleton just steps from the building, and access to the Rocky Mountains just 15 minutes away, Arden Englewood will meet the demand for residences that have easy access to the greater Denver area for work and play while offering renters the comforts of an upgraded, highly amenitized home.”
Designed by KTGY, with interiors by Studio 10, Arden Englewood is being constructed by W.E. O’Neil. CIBC is providing the construction loan. The four-story building will offer studio, one-, two- and three-bedroom apartments, ranging from 570 to 1,550 square feet. Taking inspiration from the area’s proximity to the mountains and the rising appeal of indoor-outdoor connections among renters, amenities at Arden Englewood will include a rooftop lounge and deck with views of the Rocky Mountains, resort-style pool featuring a “baja shelf” with lounge chairs, hot tub with year-round access, yoga garden and a party room “pagoda” that faces the pool.
As part of the development, Fifield is contributing to the planned rail trail that will run along the west side of the building, as well as a cyclist and pedestrian bridge that will extend over Hampden Avenue, allowing for easy access to the Englewood RTD station. Arden Englewood will generate more than $400,000 per year in annual property tax revenue, create more than 300 temporary construction jobs and approximately 10 permanent positions, and fill a housing need for over 400 residents. “Fifield is known for incorporating community amenities into our developments, from pocket parks to public art,” said Pitsor. “For our first development in the Denver area, it’s fitting that we are able to be part of a recreational improvement that will support active lifestyles for not only our residents, but also our neighbors.”