08 Apr Developer kicks off $60M RiNo project
Bulldozers are humming at another big-time RiNo development.
Alliance Residential has broken ground on its 270-unit Broadstone at RiNo apartment complex at 31st Street and Brighton Boulevard. It’s a $60 million bet Alliance placed on the fast-growing neighborhood about two years ago after watching development heat up at the nearby Taxi complex.
“The more Mickey (Zeppelin) was doing here, we knew that things were going to really speed up as far as the evolution of the neighborhood went,” said Andy Clay, an Alliance managing director. “We took a chance on the timing, and it just worked out.”