Legacy Partners Announces the 13-Story/236-Unit Multifamily Tower Araceli in Denver Begins Leasing

Legacy Partners (“Legacy”), a privately held national real estate firm, and Pacific Life, provider of equity and debt capital to the real estate market, are pleased to announced the start of leasing of Araceli, a 236-residence, Class A, NGBS Green-Certified Gold high-rise in Denver.

“At Araceli, sleek spaces meet breathtaking mountain views,” said Lane Cutter, senior managing director at Legacy Partners. “We’re proud to introduce these high-rise apartments in the Denver Tech Center that offer future residents large, state-of-the art homes, excellent access to major employers, and the latest in modern amenities.”

The community consists of a 13-story tower with ten residential levels above a three-level concrete garage podium. The community features studios, one-, two- and three-bedroom homes, each with hard surface floors, quartz countertops, spacious balconies, and panoramic views. Amenities include an expansive pool amenity deck on the fourth level, as well as a protected Uber/Lyft pickup and drop-off area, and electric car charging stations.

Located at 4552 South Ulster, directly off I-225, in the heart of the Denver Tech Center, Araceli is adjacent to Cherry Creek State Park

and is near major employers including AIMCO, Microsoft, Zoom Video Communications, and Progressive Insurance, as well as Oracle just down the street.

KTGY is the architect of record for Araceli. The development team also includes Catamount Constructors (general contractor), Jordan & Skala Engineers (MEP), Studio 10 Interior Design (interiors), S.A. Miro (structural engineer), Terracon (geotechnical), and Kimley-Horn (landscape and civil engineer).

Legacy Partners (Legacy), a privately held real estate firm founded in 1968 and headquartered in the San Francisco Bay Area, owns, develops, and manages multifamily communities throughout the United States. Since its inception, the company has developed or acquired more than 80,000 apartment homes at more than $8.5 billion in cost. Legacy has regional offices in California, Colorado, Florida, Georgia, Texas, and Washington, and has developed more than 68,000 apartment homes in Arizona, California, Colorado, Florida, Nevada, Oregon, Texas, and Washington. Since i

nception, Legacy has worked with some of the world’s largest financial institutions, life insurance companies, and real estate companies, consistently delivering exceptional results. Legacy provides management services for its own portfolio, as well as other owners. Combined, Legacy manages a portfolio of more than 50 multifamily communities with almost 12,000 apartment homes, and with a gross value in excess of $3 billion.