Brinkman Partners

Brinkman Partners: News

96 apartments slated for South Shields in Fort Collins

Coloradoan

By Pat Ferrier

With homeownership rates continuing to drop, Brinkman Partners hopes to capitalize on millennials and boomers eschewing buying for a more temporal lifestyle.

The Fort Collins-based company has proposed building nearly 100 market-rate apartments on 2.89 acres at 3425 S. Shields St., replacing a boat and RV storage yard.

City staff is scheduled to review preliminary plans June 8.

With vacancy rates less than 2 percent and median rents for one-bedroom apartments at $1,157 and two-bedroom leases topping $1,400, Fort Collins is seeing a building boom in multifamily construction.

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