Page 30 —
COLORADO REAL ESTATE JOURNAL
— January 6-January 19, 2016
the Kephart architectural firm,
worked closely with the city of
Broomfield to obtain the neces-
sary entitlements for a Class A
apartment community.
Spanos recently bought the
property for $7 million.
Spanos plans to develop the
311-unit Eldorado Interlocken
Apartments on the site.
The community will include
265 traditional apartment units
and 46 townhome-style rental
units.
The sale price equates to
$14.58 per square foot and
$22,508 per buildable unit. The
site is zoned for 28.5 units per
acre.
Eldorado Interlocken Apart-
ments will have three connect-
ed four-story buildings, accord-
ing to John Winslow, principal
of Winslow Property Consul-
tants.
Winslow was not involved
in the transaction, but has
researched it.
The main apartment building
will have 93 studios, with three
floor plans, ranging from 448 sf
to 599 sf, with an average of 524
sf, according to Winslow.
There will be 104, one-bed-
room units, ranging from 675 sf
to 913 sf, with an average size
of 771 sf.
Eldorado Interlocken also
will include 64 two-bedroom/
two-bathroom units, ranging
in size from 1,024 to 1,340 sf
and an average size of 1,144 sf,
according to Winslow.
For those seeking more space,
it will provide four three-bed-
room/two-bathroom units of
1,325 sf each.
The townhome units will be
even larger, ranging from 1,499
to 1,603 sf.
Amenities will include a
“yoga lawn,” a swimming
pool, a community garden and
a dog park.
It also will include 433 park-
ing spaces, according to Win-
slow’s research.
There are 433 parking spaces
in the main building, accord-
ing to Winslow. The townhome
development contains 46 two-
car garages (92 parking spaces)
20 driveway parking spaces
and 27 open-site parking stalls,
totaling 141 parking spaces.
A.G. Spanos will bring much-
needed high-quality rental
units to Interlocken, according
to Leino.
“They started from scratch
on this project and they are just
going to develop a wonderful
building on a fantastic site,”
Leino said.
s
SM
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A rendering of the clubhouse planned by A.G. Spanos in Interlocken
A map shows where A.G. Spanos plans a 311-unit apartment community
in Interlocken.
‘
They started
from scratch on
this project and
they are just
going to develop
a wonderful
building on a
fantastic site.’
–
Bob Leino,
Fuller Real Estate
