A Castle Rock development plans to bring 174 senior multi-family housing units to the town in the Meadows neighborhood.
On Aug. 15, the town council unanimously approved the Affinity project, …
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In mid-August, the town council unanimously approved the Affinity project, which will provide apartments for residents ages 55 and up, along Meadows Parkway, near the railroad tracks.
The apartment development will be a four-story building with a mix of studio, one-bedroom and two-bedroom units on 5.75 acres with 262 parking spaces. The developer for the project, Inland Group, has five similar active adult communities on the Front Range, including Colorado Springs, Loveland and Fort Collins.
“This is not assisted living or traditional retirement housing or skilled nursing,” Keith James, of Inland Group, said. “It’s highly amenitized, age-restricted, by deed restriction, senior housing.”
Amenities at the development include an onsite pub, pickleball courts, walking paths, a theater, a dog park and a community garden. James said rents, which are inclusive of utilities, will likely range from $1,800 to $3,000 per month.
James said the demand in Castle Rock for senior housing is high and the project is expected to be fully leased 12-15 months after its completed.
Entrance to the development will come from a new road, Regent Circle, that will connect to Meadows Parkway at Regent and Lombard Streets. A traffic light will be installed at Meadows Parkway and Regent Street.
The trailhead parking lot for East Plum Creek Trail will be relocated and expanded from 14 to 16 spaces.
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