Two weeks after opening, leasing strong at CBD's 2020 Lawrence property

Just two weeks after opening, the 231-unit 2020 Lawrence apartment building is 14 percent occupied and 25 percent pre-leased.

Developed by Zocalo Community Development, units in the 10-story apartment building range in size from 475-square-foot studios to nearly 1,200-square-foot, two-bedroom apartments. Apartments rent for $1,025 to $2,305 per month. 
Most apartments offer some type of outdoor space and all feature European-style kitchens with quartz countertops and washers and dryers.

2020 Lawrence will feature more than 9,000 square feet of street-level retail space, giving residents access to services on-site. Zocalo is in talks to secure a restaurant for just over half of the space.

“We’re looking for a set of tenants that not just pay rent but really added to the specialness and vitality of the building and Arapahoe Square,” said David Zucker, principal of Zocalo. 

Amenities at 2020 Lawrence include a rooftop fitness center overlooking the mountains, a rooftop pet exercise area featuring artificial grass and a rooftop lounge with hot tub, outdoor kitchen and fire pit.

Residents also can enjoy a lobby-level demonstration kitchen and communal living room featuring a game area equipped with Nintendo Wii and Microsoft Kinect. A work-at-home center offers a conference room, computers and other workplace amenities for telecommuters.  The building also features a fully-equipped bicycle maintenance shop.

To earn its LEED certification, 2020 Lawrence boasts a number of “green” features, including: Energy Star-rated appliances, flooring and other finishes made of recycled and locally-sourced materials and high-efficiency water fixtures that use 34 percent less water than standard products. The building also offers recycling on every floor, as well as a composting program.

Overall, 2020 Lawrence residents are expected to spend 50 percent less on their utility bills than they would living in a similar non-LEED certified building.
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Read more articles by Margaret Jackson.

Margaret is a veteran Denver real estate reporter and can be contacted here.
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