Apartment, Commercial


Type: New Construction
Role: Developer, Owner, Manager
Building Space: 255 Units (229 Market-Rate and 26 Affordable Workforce)
Commercial Space: 24,500 SF split between 8 parcels of retail space.

Project Value: $88 Million
Financing: First Mortgage (Natixis), Preferred Equity (EverWest), City of Westminster Subsidy
Location: Westminster, CO
Year Completed

Overview / Details

Ascent is a mixed-use development located in Westminster, Colorado. Westminster is a city located in between Denver and Boulder on Highway 36 (the Denver Turnpike). The site is located in an area of the City of Westminster that is being rebranded as “downtown” Westminster.

Ascent is a five-story development with 255 residential units, controlled-access tempered and open-air parking, and approximately 24,000 square feet of retail space.

Residential units include stainless steel appliances, quartz countertops, IOTAS smart home technology, and in-unit washer/dryer. Building amenities include a club room with entertaining kitchen, fitness and yoga studio, sports simulator, two courtyards, pool and Jacuzzis, dog run and dog wash, residential storage, conference room, electric vehicle charging stations, and professional on-site management.

Ascent achieved LEED® Silver certification for implementing practical and measurable strategies and solutions in areas including sustainable site development, water conservation, energy efficiency, materials selection, and indoor environmental quality.

The City of Westminster has a unique character garnering a strong sense of pride and community from its residents. The City has a strong marketing and communications campaign capitalizing on the sense of pride and elevating the profile within the suburban landscape of Denver. The new downtown Westminster development communications narrows in on sustainability, advantageous accessibility to DT Denver (11 miles) and Boulder (17 miles), and a walkable neighborhood that will be built block by block with an urban vision of dynamic cultural uses and mixed-use development.