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Buyers line up for unbuilt condos
Developer of Kent Place claims 1,400 inquiries
Published March 17, 2007 at midnight
Continuum Partners doesn't officially put its Kent Place at Cherry Hills development on the market for a month, but the Denver developer said it already has a list of more than 1,400 people interested in buying a luxury condo or townhome at the former Denver Seminary site.
"I would not be building this project anywhere else in the entire metro area," said Mark Falcone, founder of Continuum Partners, developer of the $750 million Belmar project in Lakewood and the co-developer, with East West Partners, of the $1 billion development around Denver Union Station.
Kent Place sits on 11 acres at South University Boulevard and East Hampden Avenue in Englewood. Before the Denver Seminary the site was the home of the Kent School For Girls.
The first phase will have 90 condominiums in two high-rise towers and 22 townhomes. They are priced from $500,000 to $3.6 million and will range in size from about 1,400 square feet to 4,700 square feet.
The development, which is being designed by architect David Owen Tryba, will have 240 condos and 60 townhomes.
"I would say the design has evolved," said Tryba, who was also the designer for the previous developer, John Forstmann, who sold the land in 2005 to Continuum for $12.4 million.
The buildings will have a limestone base. Tryba borrowed design features from the University of Denver, such as red tile, and Cherry Hills Country Club.
"I call it the Broadmoor architecture," Falcone said. "David took us all down to the Broadmoor in Colorado Springs and said this is the type of architecture we need to create."
Tryba said one of the most important changes is that Falcone has taken the midrise buildings off the site for more townhome units and to provide better views for the people living in the nine- and 11-story condo towers.
Kent Place also will have more than 50,000 square feet of retail and restaurant space. Merrill Lynch and Community Bank of Colorado have agreed to lease space.
"Merrill Lynch is consolidating several high-end brokers in this office," Falcone said. "And it will be a wealth management office for Community Bank."
The opening is set for April 21.
rebchookj@RockyMountainNews.com or 303-954-5207
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