Spanos Corp. buys land in Interlocken for apartments, townhomes

BROOMFIELD — Spanos Corp. has paid $7 million for 11 acres of vacant land in the Interlocken Advanced Technology Environment, a business park in Broomfield, where it plans to build apartments and townhomes.

Spanos Corp., a subsidiary of Stockton, Calif.-based A.G. Spanos Cos., bought the land from JP Colorado Land LLLP, according to public records.

The vacant land is at the northwest corner of Interlocken and Eldorado boulevards within the 963-acre park.

The Broomfield city council in October approved plans for the Eldorado Apartments at Interlocken — a 311-unit multifamily residential development on 11.02 acres.

Lex Economou, executive vice president for Spanos Corp., said Tuesday that the company hopes to begin construction this summer.

The residential units would be divided between a single, four-story apartment building with 265 units stacked above a two-story common garage, and 46 rental townhomes with individual garages attached to each unit.

The complex would have a range in unit sizes from 448-square-foot studios to 1,774-square-foot townhomes with up to three bedrooms.

Amenities for the development will include a swimming pool, fenced dog run, and common courtyards with seating/lounge areas, and bocce courts and ping-pong tables.

The family-owned A.G. Spanos Cos. is building the Gateway, a 254-unit apartment complex in the 2534 development in Johnstown, and the Enclave, a 470-unit complex in Parker. It recently completed Element 47, an apartment complex in Denver.

In 2010, the company completed the 297-unit Catania Apartments at 3585 Via Varra in Broomfield, north of Interlocken.

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