Colorado-based real estate investor and developer, McWhinney, will break ground in early 2020 on Park 40, a new multifamily development consisting of 313 apartment homes at Baseline, the new 1,100-acre mixed-use community in Broomfield. On the East Coast, Lennar Multifamily Communities is under contract to buy a 1.3-acre piece of the Scotts Run development site in Tysons from CityLine Partners, and the team recently filed plans for a 26-story, 447-unit apartment building on the site.
McWhinney's project, part of West Village at Baseline, is situated at Highway 7/Baseline Road and I-25. Park 40 will feature 51 studio apartments, 160 one-bedroom apartments, 84 two-bedroom apartments and 18 three-bedroom residences. The average unit size will be approximately 866 square feet and are intended for people who value design and energy efficiency over square footage and who prefer not to rely on a car to get around. “We are excited to offer the Broomfield community a new multifamily alternative that is part of a larger active mixed-use community that will be focused around nature, trails, parks, education, science and primed to be habitat friendly,” said Tyler Erickson, McWhinney Multifamily developer. Residents of Park 40 will have access to more than 3 acres of green open space with trails and a central clubhouse with a kitchen & lounge, a library and co-working spaces and a fitness center and yoga studio. Other amenities will include an outdoor pool & spa with grills and a dining area, in addition to a bark park for dogs. Park 40 will bring the total number of apartments delivered by McWhinney in Colorado to more than 4,000 homes, with plans to bring an additional 2,000 units to the market in the near future. Colorado Springs-based CSI Construction is serving as the general contractor on the project, which was designed by Denver’s Craine Architecture, Inc. Other partners include interior designer TRIO and landscape architect, Studio-Insight. Cityline Partners Managing Director Donna Shafer told Bisnow that Lennar approached Cityline unsolicited to propose the deal, and that she thought its proposed project would complement the other buildings that have moved forward on the site. She said Lennar is bullish on Tysons' multifamily market and hopes to begin construction as soon as possible. "If they could break ground tomorrow, they would," Shafer said. "They have their foot on the accelerator." The project would be built at the intersection of South Dartford Drive and Chain Bridge Road on the southern portion of the Scotts Run development. It sits about a half-mile from the McLean Metro station, one of the four Tysons stops that opened in 2014 and have spurred a wave of mixed-use development in the area. The application calls for a 300-foot-tall building with 450K SF of residential and 18K SF of retail, plus a parking podium. DCS Design is serving as the project's architect and Walsh, Colucci is the land-use attorney. "The building design combined with high quality materials, including masonry, high-performance glazing and various finishes, will ensure an iconic residential building that will enhance the Tysons skyline," Walsh, Colucci's Lynne Strobel wrote in the application. The new Scotts Run apartment building will not be the first Tysons project for Lennar Multifamily. The developer also built a 32-story, 398-unit project near the Greensboro Metro station. Reported by BisNow (Jan. 6., 2020) and Mile High C.R.E. (Jan. 7, 2020). For complete contact information for McWhinney and Lennar Multifamily Communities including all corporate, region and division offices and top personnel contacts, refer to The National Builders Directory and The Directory of Multifamily Builders & Developers.
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