Multi-Housing News covered Confluence, a 34-story tower slated for Central Platte Valley at 15th and Little Raven streets. The project will start later this year and be complete in 2015.
Excerpt:
The tower will offer 360-degree views of the mountains and the city via floor-to-ceiling windows. It will also include a rooftop terrace with an infinity edge pool, cabanas, grills, and fire pits. Adjacent is the skyline lounge, which has a catering kitchen and movable walls. The property’s ground floor, which will feature retail and restaurant space, will be intergraded into Confluence Park, with access to the trails along Cherry Creek and the Platte River.
Development partners include PM Realty Group (PMRG), National Real Estate Advisors (NREA) and Ray Suppa, a founder of several real estate-related companies who has developed property in Denver for over 20 years. PMRG’s portfolio, including projects managed for third parties, includes office buildings, medical facilities, industrial buildings, mixed-use centers, high-rise apartment buildings and redeveloped military facilities. NREA is a wholly owned subsidiary of the National Electrical Benefit Fund, and manages the IBEW-NECA Diversified Underwritten Real Estate Fund, or INDURE Fund.
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