Rockefeller Group and MGL Partners have joined forces to start building The Juniper on Mainstreet, a 264-unit multifamily community located in downtown Parker, Colorado. The project is expected to cost over $107 million.
The Juniper on Mainstreet will include two four-story buildings and a slew of amenities, including a clubhouse, two fitness centers, co-working areas, conference facilities, and a mail room. The apartments will range in size from studios to three-bedroom units, with an average size of approximately 910 square feet. In all, the project will feature a net rentable living space of 238,625 square feet.
Santulan Architecture of Denver designed the project. B.C. Builders is the general contractor. The property is set on 8.1 acres on Mainstreet in the heart of downtown Parker and adjacent to the Sulphur Gulch Trail.
“We are pleased to be partnering with MGL Partners to bring this project to Parker,” said Kerry Joannides, Director, for Rockefeller Group’s Rocky Mountain region. “This is our second project with MGL, and we’ve found we’re strongly aligned in our approach to meeting market needs. The Juniper on Mainstreet will offer high-quality housing well positioned to surrounding amenities and just a 12-minute drive from the Denver Tech Center, metro Denver’s largest employment base.”
The project, which is located at the intersection of Mainstreet and South Pine Drive, is set to introduce two four-story Class-A buildings and will be the first ever Class-A apartment/retail project in Parker’s historic downtown. The development will include more than 400 covered and surface parking spaces, along with approximately 13,900 square feet of retail space. The community will boast a range of thoughtfully curated amenities, including a clubhouse, two fitness centers, a pool and spa, co-working areas, conference facilities, a mail room, dog park, and access to outdoor green space.
“This is a fantastic location for individuals and families looking for access to nature, along with the charm and walkability of historic downtown Parker, and the ease of a short commute into the Tech Center or Denver,” said Mike Gerber, co-founding partner, MGL Partners. ”MGL has long recognized Parker as an ideal location for Class-A apartments and retail, and we’re proud to be partnering once again with Rockefeller Group to bring much-needed housing to our region.”
Rockefeller Group and MGL worked closely with the Town of Parker on approvals for this project. The Town of Parker has made substantial infrastructure improvements and invested in the vibrancy of their downtown while still maintaining Mainstreet’s distinctive character.
The project further provides access to the Sulphur Gulch Trail, a 4.39-mile paved trail for bicyclists, pedestrians and equestrians, plus access to Cherry Creek Reservoir via Cherry Creek Trail, putting the best of Colorado’s famed natural resources at residents’ doorsteps.
