Apartment Trends Magazine May 2019 | Page 17

Strata 16505 GREEN VALLEY BOULEVARD, DENVER 336 20.20 28 3 899 $1,701 16.6 1.81 NUMBER OF UNITS ACRES FLOOR PLANS STORIES AVERAGE SF AVERAGE RENT ($) DENSITY In October 2018, Jackson Square Properties acquired this high-quality asset from its developer, Lennar Multifamily. Having just completed construction in June, Lennar didn’t waste any time capitalizing on their investment, fetching $94.5 million for the property which included 2.6 acres of excess land. AMC, who has managed the property throughout the lease-up process, utilizes their amenity spaces to host events for residents including movie nights and live music at their outdoor amphitheater. Summer parties beside the pool feature in-water lounge chairs and cabanas, and cookouts in the outdoor living room with TV and fireplace. Strata’s youngest residents enjoy the large playground while those looking to stay fit enjoy an expansive fitness center loaded with Crossfit gear, a kickboxing machine, and virtual fitness classes. PARKING/UNIT Jackson Square is planning to begin construction on a 96-unit second phase this summer. STRATADENVER.COM www.aamdhq.org MAY 2019 TRENDS | 15