Real Estate & Construction  August 22, 2017

195 Peloton condominiums going on market in September

BOULDER — Developers of The Peloton in Boulder are getting ready to launch a campaign in September to sell 195 condominiums, after years of renting them out.

The Peloton, at 3601 Arapahoe Ave., has approximately 400 condominiums. Los Angeles-based developer CityView decided in 2012 to lease the second phase of the project that was started in 2008, adjusting to a downturn in the economy, believing it would be easier to rent rather than sell condos in the second phase at the west end of the complex.

The transformation of what is being called Peloton West includes $5 million in renovations to the 195 condos, plus improvements to common areas of the 10-acre property, according to a prepared statement.

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CityView is partnering with national real estate owner and developer Blackstone on the renovations.

The studio, one-, two- and three-bedroom condominiums ranging in size from 692 square feet  to 1,828 square feet will be be priced from $450,000 to more than $1 million.

Constructed with 9.5-inch-thick concrete, steel and noncombustible metal stud framing, Peloton West incorporates dual-pane, Low-E, energy-saving insulated glass,  sound isolation system for all walls, energy-efficient, tankless water heaters, low VOC paint throughout and controllable energy-efficient heating and air conditioning. It provides secure underground assigned parking, bike storage and additional storage lockers for resident’s private use.  

Two restaurants, Basta and Naked Lunch, are within the Peloton.

 

BOULDER — Developers of The Peloton in Boulder are getting ready to launch a campaign in September to sell 195 condominiums, after years of renting them out.

The Peloton, at 3601 Arapahoe Ave., has approximately 400 condominiums. Los Angeles-based developer CityView decided in 2012 to lease the second phase of the project that was started in 2008, adjusting to a downturn in the economy, believing it would be easier to rent rather than sell condos in the second phase at the west end of the complex.

The transformation of what is being called Peloton West includes…

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