Mortenson and Pinnacle Partners Break Ground on Revival on Platte, a First-of-its-Kind Full Spectrum Advanced Prefabrication Multifamily Community in Denver
Have you heard about the groundbreaking of Revival on Platte? It’s a first-of-its-kind, prefabrication multifamily community project that Mortenson, a top-20 U.S. builder, developer, and engineering services provider with four decades of experience in Colorado, is working on alongside their joint venture partner Pinnacle Partners. And let me tell you, it we’re excited to see this project develop.
Situated on a .9-acre building site in a designated Opportunity Zone adjacent to the South Platte River in Denver’s Sun Valley neighborhood, Revival on Platte will feature 200 studio, one- and two-bedroom apartment options across eight stories with two levels of parking. But that’s not all, residents will also have access to an on-site gym, business center, and a rooftop amenity deck offering city and mountain views. And did I mention that the entire structure will be built with Mortenson’s cold-formed metal stud, steel-framed structural system with prefabricated interior and exterior walls? That’s some impressive engineering!
But it’s not just about the design and engineering. Mortenson and Pinnacle Partners are committed to development that addresses core community needs. Leo Backer, Managing Partner from Pinnacle Partners, said, “Revival on Platte serves as a shining example of the potential impact of Opportunity Zones on communities across the country.” And with its proximity to downtown attractions, public transit systems, and bike trails, Revival on Platte will be a fantastic addition to the rapidly growing Sun Valley neighborhood.
Taber Sweet, Vice President of Real Estate Development at Mortenson Denver, is excited about the level of vertical integration that Revival on Platte represents. “We’re always looking for ways to optimize processes for our clients and for our own development team,” he said. “This level of vertical integration represents the full manifestation of that goal.”
So, mark your calendars for 2024 because that’s when Revival on Platte is slated for completion. And if you want to learn more about this amazing project, head on over to https://www.mortenson.com/projects/revival-on-platte.