312 apartments going up near Promenade at Castle Rock

Embrey Partners Ltd. will build a 312-unit apartment complex near the Promenade at Castle Rock (Photo: COURTESY | ARA, A NEWMARK COMPANY)

DENVER BUSINESS JOURNAL - Greenwood Village-based retail developer Alberta Development Partners has sold a 15.2-acre parcel of land near its Promenade at Castle Rock project for the development of an apartment complex.

Alberta and Forum Real Estate Group sold the land to Embrey Partners Ltd., which will build a 312-unit apartment complex called Ledges at the Promenade at 6200 Castlegate Drive West.

"The Embrey Partners team is honored to be selected as part of Alberta Development Partners' newest project in Castle Rock to create a top-notch development for future residents," said Jeff Booth, executive vice president of Texas-based Embrey Partners. "The Ledges at the Promenade will offer convenient walkability to more than 1 million square feet of adjacent shpis and retail, which will significantly increase the quality of life for future residents."

Read more at the Denver Business Journal: http://bit.ly/24vDVNB

(© 2016 American City Business Journals. All rights reserved.)

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