by Doug Storum on April 8, 2016
FORT COLLINS — Englewood-based developer McDermott Properties LLC has submitted plans for Oakridge Crossing in Fort Collins, a mixed-use project that will consist of commercial office space and affordable housing for seniors.
Oakridge Crossing will consist of 110 affordable senior apartments and 5,000 square feet of ground floor professional office space in a three-story building at McMurry Avenue and Oakridge Drive, south of Harmony Road.
Oakridge Crossing is designed for independent seniors ages 65 and older with annual incomes from $16,350 to $37,380. Rents for one- and two-bedroom apartments will range from $438 to $1,051 per month.
McDermott Properties has developed more than 3,000 affordable apartments along the Front Range including, Brighton and Colorado Springs with a major concentration in the Denver metropolitan area.
Fort Collins-based Brinkman Construction will act as the project’s general contractor.
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