STOCK TITAN

Century Living Announces 300-Unit Apartment Project in Parker, CO

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Century Communities (NYSE: CCS) has commenced construction on a 300-unit apartment complex in Parker, Colorado, under its Century Living division. This project, located in a prime area with access to local amenities and employment opportunities, is set to open for leasing in Q4 2023. The community will feature a range of amenities including a clubhouse, pool, and fitness center, alongside various 1- to 3-bedroom units. With upscale design features and a strategic location, this development aims to meet the growing housing demand in the region.

Positive
  • Break ground on a 300-unit apartment complex, indicating growth potential.
  • Strategic location in Parker offers access to amenities and employment opportunities.
  • Variety of community amenities enhances appeal to potential renters.
Negative
  • None.

Compark Apartments to offer garden-style units & desirable amenities in prime location

GREENWOOD VILLAGE, Colo., Nov. 17, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, announced that Century Living—the Company's national multifamily and build-to-rent division—has broken ground on a 300-unit apartment project in Parker within the Compark Business Campus. The complex is expected to open for leasing in the fourth quarter of 2023.

Compark boasts a sought-after location with access to Douglas County schools, downtown Parker, the Denver Tech Center, regional trails and more. The complex will also feature a variety of resort-style community amenities, including a clubhouse, pool, dog park, trails, a fitness center, a game lounge, and an outdoor kitchen.

Future residents will have a choice of 1- to 3-bedroom units, with up to 2 bathrooms and 1,400 square feet. Each apartment will include a balcony, along with lavish features like quartz countertops, tile backsplash, and a smart home package.

Learn more about Century Living at www.LiveCentury.com.

"We're very excited to announce this project, providing a dynamic and high-quality new living option in fast-growing Parker," said Jim Francescon, President of Century Living. "With a range of unit sizes, exceptional amenities, and a convenient location with robust employment opportunities in the southeast business corridor, Compark really offers a complete package for renters."

About Century Communities
Century Communities, Inc. (NYSE: CCS) is a top 10 national homebuilder, offering new homes under the Century Communities and Century Complete brands. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Colorado-based company operates in 18 states and over 45 markets across the U.S., and also offers title, insurance and lending services in select markets through its Parkway Title, IHL Home Insurance Agency, and Inspire Home Loans subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/century-living-announces-300-unit-apartment-project-in-parker-co-301681841.html

SOURCE Century Communities, Inc.

FAQ

What is the new project announced by CCS in Parker, Colorado?

CCS announced a 300-unit apartment complex in Parker, Colorado, under its Century Living division.

When will the Compark Apartments be available for leasing?

The Compark Apartments are expected to open for leasing in the fourth quarter of 2023.

What amenities will Compark Apartments offer?

Compark Apartments will feature amenities such as a clubhouse, pool, fitness center, dog park, and more.

How many units will be available at Compark Apartments?

There will be 300 units available at Compark Apartments, ranging from 1- to 3-bedroom configurations.

What is the significance of the location of Compark Apartments?

The location provides access to schools, the Denver Tech Center, and regional trails, enhancing its attractiveness for renters.

CENTURY COMMUNITIES, INC.

NYSE:CCS

CCS Rankings

CCS Latest News

CCS Stock Data

2.67B
27.53M
12.13%
90.97%
4.63%
Real Estate - Development
Operative Builders
Link
United States of America
GREENWOOD VILLAGE