Project Snapshot: Art District Flats

10.29D Project Snapshot Main

The eight-story apartment building at 1225 Santa Fe Drive, dubbed Art District Flats, is slated to have 126 units and ground-floor retail space. (Thomas Gounley photos)

A number of multifamily projects are in the works along Lincoln Park’s Santa Fe Drive corridor, but only one is currently under construction.

Denver-based CRE Development Investments, led by Leon Cisneros, has had a project under construction at 1225 Santa Fe Drive for more than a year.

The eight-story apartment building, dubbed Art District Flats, is slated to have 126 units, along with ground-floor retail space.

Cisneros purchased another site on the same block earlier this year for a similarly sized project slated to be called Art District Lofts. That has yet to break ground.

Two blocks to the south, Holland Partner Group has proposed an apartment complex. And three blocks south of that, First Stone Development has scraped a site where it plans to build a five-story condo project.

Here are photos of Art District Flats taken earlier this week, as well as a rendering:

10.29D Project Snapshot Seconday110.29D Project Snapshot Secondary210.29D Project Snapshot Secondary310.29D Project Snapshot Secondary410.29D Project Snapshot Santa Fe RenderingAddress: 1225 Santa Fe Drive

Developer: Denver-based CRE Development Investments

Construction loan: Los Angeles-based Parkview Financial

Groundbreaking: Summer 2019

10.29D Project Snapshot Main

The eight-story apartment…

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