Forum investment Group & Brookhaven Capital Partners Acquire Land in Denver for Future Multifamily Development
Project to Feature 300 Apartment Units on a 2.6-Acre Site Located in the Heart of Denver.
DENVER, Aug. 3, 2022 — Forum Investment Group (“Forum”), a Denver-based real estate development and investment firm, along with development partner, Brookhaven Capital Partners (“Brookhaven”), announced today the purchase of a marquee, 2.6-acre site at the southwest corner of Colorado Boulevard and I-25, with plans to a develop a 5-story, 300-unit multifamily community in Denver, Colorado. This marks the first joint land acquisition between Forum Investment Group and Brookhaven Capital Partners.
“Forum is excited to partner with Brookhaven on this rare development opportunity,” said Rich Wilson, Forum’s Senior Managing Director of Development. “The incomparable access, visibility and proximity to nearby retail and entertainment options make this an extraordinary location for a future Forum community. The site has unbeatable walkability to the Colorado Center RTD station as well. We look forward to contributing to the re-investment already under way in this neighborhood and to providing much-needed enhancements to this area of Colorado Boulevard – one of the city’s most prominent thoroughfares.”
“Brookhaven was successful in securing this highly sought-after property in an off-market transaction and we are delighted to bring in a best-in-class multifamily developer, Forum, as our development partner,” said James Green, Partner with Brookhaven Capital Partners.
Denver-based architecture firm, KEPHART, will design the project with an aim to maximize amenity space for residents and maintain the urban appeal of this location through the use of creative design and distinctive materials. Once complete in late 2026, the project should consist of 300, market-rate rental units. The 5-story wrap building will feature indoor and outdoor community amenities such as an outdoor pool and spa with firepit lounges, outdoor grilling and entertainment areas, as well as a fully-equipped fitness studio, clubroom lounge, pet lawn and grooming area, and ample shared meeting and work-from-home pods for today’s discerning resident.).
SOURCE Forum Real Estate Group