A joint venture between Formativ and Argosy Real Estate Partners announced today that it has secured construction financing for The Hunter, a 214-unit, class A multi-housing project located in Colorado Springs’ New South End neighborhood. JLL worked on behalf of the borrower.
The seven-story development will be complete in late 2024. The studio, one-bedroom and two-bedroom units will feature modern interiors, full kitchens and in-unit washers and dryers. Common amenities will include a two-story tenant lounge with mountain views, golf simulator, pool and hot tub, fitness center, co-working space, bike storage, year-round amenity deck, dog wash, above-grade parking garage and more.
The Hunter will be situated at 225 E Cimarron St. within an opportunity zone. The property is minutes from downtown Colorado Springs and proximate to Interstate 25, as well as walkable to Tejon Streets’ food and drink establishments and the recently built Weidner Field. Within a five-mile
