Origin Investments, Massimino Development Break Ground on 280-Unit Farm Haus Apartments in Colorado
LONGMONT, COLO. — A joint venture partnership between Chicago-based Origin Investments and Boulder-based Massimino Development has started construction of Farm Haus Apartments, a $68.8 million multifamily property located in Longmont.
Situated on 13.5 acres at Ken Pratt and East Third avenues, the eight-story Farm Haus Apartments will feature 280 units in a mix of one-, two- and three-bedroom apartments. Units will range in size from 761 square feet to 1,412 square feet. Additionally, 12 percent of the units, 34 apartments, will be set aside for residents making 60 percent or less of area median income for the region.
Farm Haus Apartments will include fully equipped lifestyle spaces with exterior patios; resort-style swimming pool and spa; outdoor entertainment areas with built-in barbecues; farmhouse tables set amongst tree orchards; custom water features; and outdoor firepits.
Exterior amenities will include a bouldering area, bocce call court, dog park, playground and active game areas. Additionally, Farm Haus will include a fitness center, outdoor yoga plaza, postal center, pet spa, bike wash and ski tuning rooms.
The community is expected to be delivered in phases beginning in the fourth quarter of 2020.
The partnership is also developing Connect at First Creek, a $35 million, 150-unit community in Denver. Connect at First Creek is nearing the final phase of development with the first deliveries scheduled for early September.
Development partners for both projects include Rimrock Construction and Echelon Property Management.