Map of Triangle Apartments location in Denver, Colorado

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Triangle Apartments Denver, Colorado

Meriwether has done extensive research and is confident that an infill site in LoHi that offers competitive rents to what is currently in the market will lease up quickly and tender a stable asset.

In 2014 Meriwether acquired a parcel of land in the dynamic Lower Highlands district of downtown Denver, CO. During the due diligence process Meriwether was able to identify several key factors in the rental market that have been overlooked and provide opportunity to fill demand in an underserved market. Other buildings in the neighborhood have been developed with saturated amenities including large fitness and pool areas which have driven their rental rates up. The Triangle Apartments will provide the Millennial and Generation Y demographic, who have come to LoHi in droves, a more competitive rental rate while also providing a roof top deck with views of the city. The 5 story mixed-use infill development will include 20 residential units and a 1,350sqft ground floor retail space. Each of the five floors will have four units, consisting of 1 bedroom units up to a 2 bedroom unit with 2 bathrooms which are all corner units with mountain and City views. New construction, at a competitive rate in a high-demand neighborhood, should lead to quick occupancy and stable, ongoing returns.

Project Details

Type:
Mixed-use, 20 unit apartment complex
Status:
Ongoing Project
Website:
Coming Soon
Quote from Partner Gerry Engle - The Millenials migrating to LoHi are not concerned with purchasing homes, instead they prefer to rent smaller, more centrally located apartments.
Triangle Apartments logo
Photo of nearby river and walking path
Rendering of exterior of Triangle Apartments building
Photo of Coors Field in Denver
LoHi is Denver's most dynamic neighborhood, with increasing rental rates along with one of the lowest vacancy rates in the city.
Photo of downtown Denver at night
Floor plan of typical apartment
Photo of nearby downtown Denver