By the end of next summer, half a city block in the Sloan’s Lake neighborhood will be redeveloped as Framework, a 22-unit community surrounding an urban park and garden in an area that is being viewed as Denver’s next Washington Park.
LoDo development company Treehouse Brokerage and Development, led by Jonathan Alpert and Clem Rinehart, recently broke ground on the site, a ramshackle collection of rental units neighbors had dubbed "Sloan’s Lake Slums" that had become a magnet for crime.
Treehouse bought the site, on King Street between 17th and 18th avenues, from a group of 17 owners who had let the property fall into disrepair. The company’s vision is to transform the site to complement the rest of the neighborhood.
“My whole mission is to develop interesting communities,” Alpert says.
The Sloan’s Lake location on Denver’s western edge is bound to attract buyers seeking an urban lifestyle with opportunities for outdoor activities nearby, Alpert says.
The 284-acre park boasts the largest recreational body of water in Denver. The city recently completed a $4 million renovation of the park, which includes more than three miles of trails, sports fields, tennis courts and a renovated playground.
“Framework is the high point of the whole neighborhood,” Rinehart says. “You’ll have views of the lake, mountains and downtown. Every unit has a roof-top deck with views of it all.”
Prices for single-family homes start in in the low $600,000 range. The 3,209-square-foot, four-bedroom, five-bath homes include finished basements.
The 2,047-square-foot townhomes will sell at prices beginning in the high $400,000 range. Each unit has three bedrooms and three baths.