Highlights:
- Trammell Crow Residential proposes 5-story apartments in North Denver.
- Alexan West Highlands would be at the SE corner of Lowell and 38th.
- Developers discussing plan tonight at WHNA meeting.
A conceptual drawing of Alexan West Highlands.
Trammell Crow Residential plans a 5-story, luxury apartment community on a large parcel in West Highland.
Trammell Crow Residential, one of the nation’s largest apartment builders, is planning the 336-unit Alexan West Highlands apartment development on the prime southeast corner of West 38th Avenue and Lowell Boulevard on what is now home to the Lucero Financial Group and Bank of the West.
Alexan West Highlands could include a Whole Foods-type of grocery store.
The Lucero Financial Group is headed by Eugene R. Lucero. It includes Lucero Real Estate Inc. and the Colorado Tierra Mortgage Inc.
Lucero is the founding chairman of the Colorado Association of Hispanic Real Estate Professionals and has been a fixture in north Denver for more than 25 years.
Lucero is selling the property to Trammell Crow Residential and will own the 33,000 square feet of retail when it is completed, while Trammell Crow will own the apartments. Construction likely will begin in the first quarter of 2015..
“I’m naturally very proud of this site,” Lucero said on Monday. “It is one of the largest commercial parcels in all of northwest Denver. Lowell is a major arterial as it connects the neighborhood to I-70, as well as continuing north to 120th, while heading south it goes to Sloan’s Lake.”
Alexan West Highlands would be designed by Shears Adkins Rockmore.
Lucero would like to bring a grocery store to the development.
“Being an old-time North Denver boy, I am very sensitive to the neighborhood’s need and would like to do something that will make the neighborhood proud and add value to it,” he said.
That could mean bringing a grocery store to the development.
“I am talking to some grocers and they are showing some interest,” he said. The space available is a little more than half the size of a typical King Soopers.
Without naming names, “All the small grocers today are doing Whole Foods-type of stores,” Lucero said.
“There is a Safeway about six blocks away (at 44th and Lowell), a King Soopers about a mile away (at Sheridan Boulevard and 38th) and a Sprouts maybe three-quarters of a mile away (at 38th and Wolff Street.) I’ll leave it to the grocery stores to decide whether there is a room for another one,” Lucero said.
“If not, it’s great space for other retail uses.”
Trammell Crow Residential plans Alexan West Highlands at Lowell and 38th.
The architect for the building is Shears Adkins Rockmore Architects. The landscape architect is studioINSITE.
Alexan West Highlands would have a total of 524 parking spaces, 348 for the apartment units and 163 for the retail, according to plans. But Lucero said there have been a number of different parking configurations proposed and he thinks it might end up with a total of about 550 spaces.
The smallest apartment unit in the building would have 576 square feet and the largest would have 1,403 square feet, according to preliminary plans.
“Renters are going to have phenomenal views,” Lucero said. “They are just going to be spectacular.”
Alexan West Highlands is about 2 miles from Trammell Crow Residential’s community at the Sloans development near Sloan’s Lake.
Alexan West Highlands also about six blocks north of a proposed three-building Highlands Square apartment community, just north of West 32nd Avenue and Lowell. That development would have about 150 units on Lowell, Meade Street and West Moncrieff Place.
Lucero said there is probably enough demand for both Alexan West Highlands and the Highlands Square project.
“West Highland is one of the most desirable neighborhoods in all of Denver,” Lucero said. “I think there is room for both.”
Interested in buying a home in West Highland? Please visit COhomefinder.com.
Interested in buying a home near Sloan’s Lake? Please visit COhomefinder.com.
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