Land for apartment complex purchased

BROOMFIELD — Wood Partners, the apartment development company building a 297-unit project in Broomfield, has paid $3.77 million for the land for the 13.75-acre project, according to Broomfield property records.

Wood Partners is building the Alta Harvest Station Apartments project at the intersection of Wadsworth Boulevard and 118th Avenue. The property is across U.S. Highway 36 from the Arista mixed-use development and 1stBank Center.

Construction of the 13-building community was scheduled to start this week, said Tim McEntee, Wood Partners’ Rocky Mountain area development director. The first residents could be moving in next summer, and the project is expected to be complete in early 2014.

The seller was Jere Mock. Steve O’Dell of Apartment Realty Advisors was the broker. Wood Partners is the general contractor on the construction project.

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