850-Acre Master Plan providing Optionality for large consumer base.
Located in submarket of Denver showing highest net move-in rate
Investment Thesis
Within a 5-mile radius of the project
4% per annum population growth over the last decade
Median Household Income and Home Value of 88% and 74% of greater Denver MSA indicating better affordability.
80% ownership market versus 64% for greater MSA
Median age of 32 reflecting entry and move up households
4 miles from Denver International Airport and 10 miles from Anschutz Medical Center which are the largest employers in the submarket and provide deep middle and upper- middle income consumer base
Location
4 miles from Denver International Airport and 10 miles from Anschutz Medical Center which are the largest employers in the submarket and provide deep middle and upper- middle income consumer base.
Investment Thesis
As a result- developing modern master plan delivering 5,821 residential units ranging from Single Family For Sale, Single Family For Rent and Multi Family with up to 3 MM SF of Industrial to service an exponentially growing market
5,821
residential units
Demographics
USPS postal zip code address changes that allow better understanding of migration patterns. The darker the green, the more move ins in 2020 relative to 2019.
Sources:USPS Data; U.S. Census Bureau; Aurora Economic Council.