Infinity Nears Final Permits for 121-Unit Infinity Central 18 Project in Denver’s LoHi

Infinity Closes in on Permit for 121 LoHi Apartments
CRE Market Beat Take
A 121-unit addition in LoHi by an existing neighborhood operator underscores continued infill multifamily supply, with a mix of market-rate and affordable units shaping rent dynamics.

Infinity Properties is nearing the end of Denver’s permitting process for a new multifamily project in the city’s Highland neighborhood, also known as LoHi. The company is preparing to move forward with a 170,000-square-foot apartment building that will feature a rooftop pool as part of its amenities package. The project advances after clearing key city review steps and is now close to securing final approvals.

The development, named Infinity Central 18, is planned as a nine-story structure with 121 residential units. The design calls for three levels of parking on the lower floors, providing a total of 100 spaces for residents. The building program reflects a vertically oriented, structured-parking configuration that supports higher-density multifamily in a popular infill neighborhood.

Infinity entered the site last year, when it acquired the Highland lot for $5.3 million in May, according to reporting cited from the Denver Business Journal. That transaction positioned the company to pursue entitlements for the new construction and to add another asset to its local portfolio as it advances through the city’s review and permitting requirements.

The project reinforces Infinity’s existing footprint in the LoHi submarket. Within the neighborhood alone, the firm already operates five boutique apartment properties, giving it an established presence in the area. In addition to its LoHi holdings, Infinity also has another apartment property near Sloan’s Lake, further extending its coverage across Denver’s urban neighborhoods.

Plans for Infinity Central 18 include a mix of income levels. Some of the 121 apartments are expected to be designated as affordable housing, while the majority of the units will be leased at market-rate levels. This blend is consistent with city requirements and policy goals that seek to expand affordable options alongside continued market-rate development in high-demand neighborhoods.

Design responsibilities for the new building are being handled by Davis Partnership Architects, which submitted plans to the city on Infinity’s behalf. The architecture team is guiding the project through the formal review channels as the development works toward securing its remaining approvals. With entitlements approaching the finish line, Infinity is positioning the LoHi project to be its next addition to a broader portfolio of boutique multifamily assets in the Denver area.

Source:

Connect CRE
Share the Post:

Related Posts