Oneida, LLC is converting a 1956 warehouse/office building into 15 live/work condominium units. These units will average 1007 square feet ranging from 787 to 1473 square feet. They will be priced between $195 and $220 per square foot, providing Montclair habitants a unique option to build home equity in a growing market. The average cost per unit is expected to be approximately $217,000, $37,000 below the average residence price in Denver.
The real estate market in Denver has risen dramatically over the past decade. It has become increasingly difficult to provide affordable housing for both young professionals and the Creative Class. It is apparent to both developers and to City officials that there is a void in this price range. With a strong professional team and a community-oriented developer we will fill this void by integrating the existing neighborhood and current city needs.
The lofts will offer a large living/work area, kitchen, oversized full bathroom. With plenty of surface parking spaces, one garage parking space per unit and optional secured storage units, this property will have many amenities to create an innovative and comfortable living and work environment.