An Atlanta-based apartment developer wants to build a complex near Mile High Stadium.
Wood Partners submitted a concept plan to the city last month, proposing a seven-story, 213-unit complex behind sports bar The Original Brooklyn’s in the Sun Valley neighborhood.
The complex would be built on 1.65 acres. That site comprises all of the 1390 Decatur St. parcel — Wood uses this address for the project — and a portion of 2630-2644 W. Colfax Ave., where the sports bar sits. That parcel would apparently be divided ahead of development.
The restaurant building would not be affected by the project, although the apartment building would take up part of what is now its parking lot.
Wood Partners does not currently own the lots, which back up to Lakewood Gulch park space. They are owned by O’Fallons Partners LLC and O’Fallons 2 LLC.
The project would have 156 one-bedroom units, 52 two-bedroom units and five three-bedroom units, according to the project plans. There would be 243 parking spaces on the first and second floors.
Plans refer to the project as “Alta Mile High.” Many of Wood’s properties use the Alta branding.
Wood Partners’ Denver office is now led by Walter Armer, who previously was the top local executive for Washington-based multifamily developer Holland Partners. He did not respond to a request for comment.
In Denver, according to its website, Wood Partners has developed Glass House at 1700 Bassett St., as well as Alta City House at 1801 Chestnut Place (since sold, now City House Apartments), Alta Alameda Station at 275 S. Cherokee St. (now IMT Alameda Station) and Alta SoBo Station at 500 W. Cedar Ave. (now SoBo Station Apartments).
The company also has done projects locally outside Denver city limits. It is currently building Alta Sloan’s Lake, at 1605 Sheridan Blvd. in Lakewood.
In addition to Mile High, Wood’s development site is a short walk from Meow Wolf’s Denver venue, which is supposed to open later this year. Long-term plans to redevelop the parking lots south of the football stadium, as well as the site of Elitch Gardens amusement park, will also shape the feel of the area, which currently has little in the way of residential development.