The new project will include 228 apartment units, 30,000 square feet of office space, 10,000 square feet of retail and restaurant space, and 328 street level/below street level parking spaces.
By Elizabeth Wood West; renderings courtesy of Confluence Companies
The Town of Castle Rock recently gave unanimous approval to a $60 million dollar mixed-use development project for the downtown Castle Rock area. Riverwalk at Castle Rock (RCR), owned and developed by Golden-based Confluence Companies (CC), will be a two-block residential redevelopment project located near Festival Park on both sides of Sellars Gulch along Wilcox Street. RCR will include 228 apartment units, 30,000 square feet of office space, 10,000 square feet of retail and restaurant space, and 328 street level/below street level parking spaces.
CC’s vision for RCR is to attract young professionals to live and work in downtown Castle Rock and to contribute to its revitalization. CC has completed 21 residential multi-family projects in the Denver metro area since 2010 with more than 2,100 total units and has five other projects planned or currently under development. Tony De Simone, principal with CC said, “I’m very passionate about what we’re doing in Castle Rock; I’m a Castle Rock resident. The main reason Confluence Companies got involved in redeveloping downtown Castle Rock is the need to create a vibrancy that’s currently lacking. Castle Rock needed a catalytic project of critical mass to make a difference. The Town, the Economic Development Committee, and the Downtown Development Authority all played a critical role, and we are looking forward to this project spurring other redevelopment to create a more active and walkable downtown. Our goal is to enhance the vibrancy of downtown Castle Rock by giving people places to live, work, and dine.”
Groundbreaking for RCR is expected in January 2017, with the first phase scheduled for completion in the fall of 2018, and total project completion by late 2018. For more information, visit www.confluenceco.com.