28th Street Apartments, More Rentals Coming Soon
by Osman Parvez
Rental apartment buildings must be the new black in Boulder. They’re popping up everywhere.
The 28th Street Apartments, located next to Chez Thuy, will consist of 69 units in four separate buildings. 35 one bedroom units, 32 two bedroom units, and only 2 three bedrooms units are being built on the site.
I happened to be nearby having lunch with a client the other day and snapped a picture of the foundation of one of the buildings being built. Take a look.
Have you noticed? Hundreds of new rentals are being constructed in Boulder. Here’s the 28th street apts. foundation. pic.twitter.com/q7r54TBsqh
— Osman (@OsmanParvez) November 27, 2013
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| What it should look like when completed. |
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Plans call for only 69 parking spaces, 8 of which are designated for disabled drivers. Parking in this location will get interesting fast. Expect spillover into adjacent areas. Tow truck operators win again.
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The lot cost $2.85MM – a nice note for tracking values in Boulder.
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At some point in the distant past, a trailer park named The Branding Iron existed on this site. Hopefully the new name will be better.
- All units will be permanently affordable, the construction of which is linked to Gunbarrel Center.
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More about the author
Osman Parvez
Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.
Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.
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