Chestnut Lofts
Denver, Colorado
49-unit affordable living development in Denver's RiNo District
Size
46,200 SF
Value
$14M
Market Segment
Multifamily / Student Housing
This 49-unit multifamily development in downtown Denver’s River North (RiNo) District will offer homeownership opportunities to individuals in the 60 -70 percent area median income (AMI) range.
The new development was named The Burrell in honor of Charles Burrell, a classical and jazz musician known for being the first African American member of a major American symphony (The Colorado Symphony). The community features a pixelated art railing depicting a graphic of the legendary artist.
The new development was named The Burrell in honor of Charles Burrell, a classical and jazz musician known for being the first African American member of a major American symphony (The Colorado Symphony). The community features a pixelated art railing depicting a graphic of the legendary artist.
The community features a pixelated art railing depicting a graphic of Charles Burrell, the legendary musician.
![Burrell](/sites/default/files/styles/paragraph_image_mobile_2x/public/2024-06/IMG_0512.jpg?itok=cgzGwJJO)
A ribbon-cutting ceremony was held in May 2024 with the family of Charles Burrell in attendance.
![Rendering](/sites/default/files/styles/paragraph_image_mobile_2x/public/2024-06/3501_Emperor_Mocha.jpg?itok=yT1bJTgP)
The new development will offer homeownership opportunities to individuals in the 60 -70 percent area median income (AMI) range.