In a bit of good news for area home buyers, the median home price in metro Denver remained unchanged in June, which may be a signal that the real estate market in the Mile High City is hitting its
New Apartments And Condos Heading To Sunnyside
A two-building residential complex will take shape in an industrial section of Denver's Sunnyside neighborhood, according to plans submitted to the city of Denver by Golden-based developer Confluence Cos. Construction is slated to begin in January 2018.
Named the Zia complex, the development will include 312 for-rent apartments and 119 for-sale condos. The 431 units are replacing three office buildings that used to house the Denver-based Concrete Coring Company.
Zia will be located at 4001 Inca St. (near the intersection of West 41st Avenue and Inca Street), just southeast of the bridge that connects to the Regional Transportation District's 41st & Fox rail station, along with the “soon to open” G Line.
The bottom floor of the eight-story complex is reserved for 7,500 square feet of ground-floor retail space, and the complex will also feature work-from-home areas, a fitness center, an outdoor lounge space, a rooftop dog park, and a pool.
Addressing some of the affordability concerns in the Denver area, 20 percent of both the for-rent and for-sale units will be priced for families making between 80 percent and 95 percent of the average median income in Denver, which is $47,000 to $55,860 for a single person and $60,400 to $63,840 for a family of three.
While it has experienced a bit of revitalization in the recent years, Sunnyside remains one of the more affordable neighborhoods in Denver. If you’re interested in checking out this growing neighborhood, give Metrowest a shout – we’d love to show you around!