Real Estate & Construction  August 23, 2022

New owner plans renovation at Kensington Apartments

BOULDER — The Tennessee-based owner of the Kensington Apartments in Boulder plans to overhaul its new asset. 

Real estate developer and investor Brickstone Partners Inc., through holding company 2950 Boulder I LLC,  bought the 163-unit complex that caters to students at the nearby University of Colorado this month from Apartments of Boulder LLC for $51 million.

“As part of its contribution to the thoughtful growth and revitalization of Boulder and the city’s aging properties, Brickstone will launch a comprehensive, two-year renovation program aimed at fully upgrading and modernizing the community’s unit interior finishes, including cabinetry, countertops, appliances, flooring,…

Related Posts

A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
Sign up for BizWest Daily Alerts
Closing in 8 seconds...