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Courtesy Meeks Partners
Development giant Greystar and its joint venture equity partner, Origin Investments, have announced plans for what will be downtown Colorado Springsâ largest apartment community.
The $96.1 million, six-story Elan Pikes Peak is Greystar s first foray into the local market.
Under construction at 400 E. Pikes Peak Ave., the 321-apartment complex is slated for completion mid-2023 and will offer market-rate rents starting at $1,400. Â
âWe are attracted to downtown Colorado Springs for a growing number of reasons and are thrilled to introduce this new community,â said Bo Chapman, managing director of development at Greystar.
âThe current supply of high-quality residences in the urban center does not meet the demand of the growing population of motivated, outdoor enthusiasts seeking the lifestyle Colorado Springs â and our new community â has to offer.âÂ