Downtown Superior site bought for multi-use development
SUPERIOR — Carmel Partners, a multi-family real estate development and investment firm with local offices in Denver, has secured a 10.4-acre parcel in the heart of downtown Superior where the firm plans to build a new apartment community and retail center.
Through holding company CP VII Superior LLC, Carmel bought the site on Main Street from Downtown Superior master developer RC Superior LLC, or Ranch Capital, through its affiliate Morgan Ranch DTS LLC last month for more than $17.8 million, Boulder County property records show.
Carmel plans to build 382 attached residential units…
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