19766 Pikes Peak Avenue, Parker
RISING
Parker Flats at Old Town
19766 Pikes Peak Avenue, Parker
Although still under construction as this was written, pre-leasing has begun, and the Victorian-style architecture is unfolding into a quaint and complementary addition to the Old Town Historic District in Parker. The blue, red, and tan colors with white trim are bright and bold, and the steep rooflines are punctuated with several spires. The amenity spaces were not yet completed, but the pet-friendly community includes a dog washing station / spa, clubhouse with fitness center, and bike repair station. The property fronts along the Sulphur Gulch Trail and open space. The very high density was accomplished with a low parking ratio and very small average unit size.
www. kcmapts. com / parker-flats-atold-town-parker-co by the numbers
146
2.56 acres
6 floorplans
3 stories
603
1,375 57 1.12 number of units
average size of unit( SF)
average rent($)
density( units / acre)
parking( per unit)
Planned Parker Projects:
Copper Steppe
264 tax credit units Opening soon
Inland Group, Spokane, WA
Broadstone Vantage Point
400 units, grading the site
Alliance Residential, Pheonix, AZ
Park Sixty Four
64 units grading the site
Klingbeil Capital Management, San Francisco, CA
Watermark on Twenty Mile
294 units in planning
Watermark Residential, Indianapolis, IN
Depot at Twenty Mile
200 units in planning
Klingbeil Capital Management, San Francisco, CA
20 | TRENDS • JANUARY 2017 www. aamdhq. org