Zocalo Community Development Tops Off 2020 Lawrence Three Weeks Early
WEBWIRE – Tuesday, May 15, 2012
(Denver, CO) – Zocalo Community Development will welcome residents to its 2020 Lawrence apartment project by December. Construction on the 231-unit, LEED Gold registered development is running three weeks ahead of schedule. With the roof and frame of the building complete, Zocalo expects to begin pre-leasing as early as July.
“We are thrilled with the pace of construction and are excited about beginning hard-hat tours this summer. The amenities, location and energy-savings available at 2020 Lawrence are unparalleled in downtown Denver,” said Susan Maxwell, Zocalo’s Director of Real Estate.
The 10-story project will offer residents a range of unique features including:
- A rooftop fitness center overlooking the mountains and Coors Field and furnished with state-of-the art fitness equipment.
- A rooftop “bark” park, featuring artificial grass and space for canine residents to roam
- A work-at-home center, offering a conference rooms, computers and other workplace amenities for telecommuters
- A lobby-level demonstration kitchen and communal living room, featuring a gaming area equipped with Wii and Kinect.
- A rooftop lounge area with a hot tub, outdoor kitchen and fire pit.
- Zocalo’s signature “velo room” – a fully equipped bicycle maintenance shop.
To earn its LEED certification, 2020 Lawrence will also boast a number of “green” features, including: Energy Star-rated appliances, superior indoor air quality, flooring and other finishes made of recycled and locally-sourced materials and high efficiency water fixtures, which use 34 percent less water than standard products. Overall, 2020 Lawrence residents are expected to spend 50 percent less on their utility bills than they would living in a similar non-LEED certified building.
2020 Lawrence is being built with affordability in mind. The units will rent for an average of $1.85 per square foot and range in size from roughly 500-square-foot studios to two-bedroom, two bathroom apartments offering more than 1,100-square feet of space. Most apartments offer some type of outdoor space and all feature European-style kitchens with quartz countertops and washers and dryers.
The mixed-used development will feature more than 9,000-square of street-level retail space. 2020 Lawrence is the third LEED certified multi-family housing project developed by Zocalo in Denver.
Boston-based Berkshire Property Advisors, LLC – one of the nation’s most experienced investors and managers of multifamily real estate assets – is serving as Zocalo’s equity partner for 2020 Lawrence.
About Zocalo:
Zocalo Community Development is an award-winning, Denver-based development and construction services company focused on creating sustainable communities that deliver for investors and neighborhoods alike. Locally produced and contextually sensitive are descriptors of Zocalo’s commitment to community development. Zocalo seeks to reduce the impact residential and mixed-use buildings have on the earth and the environment by substantially reducing greenhouse gases generated both by the building itself and by the means and patterns of resident commuting. Zocalo is ceaseless in its commitment to improving the design, sustainability, construction, development and marketing of its projects. The product of this complete integration is the development of real estate projects of greater enduring quality and sustainability.
The word Zocalo dates back to the Aztec culture, meaning a community center or plaza common to towns and cities throughout Latin America. For more information visit www.zocalodevelopment.com
About Berkshire Property Advisors:
Berkshire Property Advisors focuses on value-added and opportunistic investments in the multifamily real estate industry. Since the company’s inception in 1969, Berkshire Property Advisors has sponsored over 40 multifamily investment portfolios including seven discretionary, institutional multifamily equity funds, six multifamily mortgage funds, two publicly traded REITs, and multiple joint venture relationships with some of the most prominent real estate investors in the world.
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Denver Apartments- Contact Information
- Lu Stasko
- president
- The Stasko Agency
- (1) 303-477-9902
- lu@staskoagency.com
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