San Antonio-based Embrey Partners LLC is planning to build a 304-unit apartment project on land the company recently purchased in Centennial.
The project will be part of a 36-acre, mixed-use community known as The District, which is currently being developed by Denver-based Brue Baukol Capital Partners. Embrey purchased the nearly four-acre site, located at 9251 E. Mineral Ave., for $8.45 million, according to property records.
The apartment complex, dubbed Hensley at The District, will be a six-story, wrap-style project, Embrey said. The first units and clubhouse are expected to be available in the first quarter of 2024, with the project's completion scheduled for later that year.
"We are known for creating places where people want to be. This is a beautiful site and we are excited to contribute our unique development style and skills to the Centennial community," said Jimmy McCloskey, executive vice president of development for Embrey, in a statement. "Residents will enjoy premium living with luxury amenities and plenty of lifestyle enhancement opportunities."
The District is expected to eventually include 2.5 million square feet of office space, a 200-key hotel, 1,800 residential units and over 30,000 square feet of retail. The development was known as The Jones District prior to a rebranding.
“Beyond meeting the general criteria of the Amazon HQ2 RFP, The Jones District, located at the Dry Creek light rail station along Interstate 25, is planned to be a dense, mixed-use development that is ideal for corporate users and corporate campuses seeking highway visibility, light rail access and a variety of employee amenities in a walkable, dynamic setting,” Allison Wittern, communications director for the city, said in an email to Denver Business Journal in 2019.