AURORA, Colo. - (January 30, 2025)
New 255-unit rental property will open Feb. 1, meeting demand for luxury residential options in burgeoning live-work-play district
A joint venture of Draper and Kramer, Incorporated, Koelbel and Company, Mile High Development and Urban Roots Development, Inc., today announced it is set to welcome first residents beginning Feb. 1 at Tempo Nine Mile Station, a new 255-unit rental community at 12150 E. Dartmouth Ave. in Aurora, Colo.
Leasing is now underway for the five-story property, located within the 22-acre The Point master planned development, where residents are steps from retail and grocery stores, restaurants, a future park and planned pedestrian bridge across Parker Road that will provide access to Regional Transportation District (RTD)’s Nine Mile station, served by the H and R light rail lines.
“As we prepare to unveil the newest addition to The Point, we can already see the different components of the master plan take shape, establishing a vibrant new town center that takes full advantage of its accessible location near transit, employment centers and recreational offerings,” said Todd Bancroft, president and CEO of Chicago-based Draper and Kramer. “Residential options are a crucial part of the equation in cultivating a thriving live-work-play district as is happening at The Point, and with the opening of Tempo Nine Mile Station, we’re expanding the draw of this already-appealing area with a new choice designed to offer the lifestyle, amenities and finishes today’s renters want most.”
Residences at Tempo Nine Mile Station include studio, one-, two- and three-bedroom units ranging in size from 542 to 1,321 square feet. Interiors are outfitted with modern, upscale finishes, including contemporary kitchens with wood-grain cabinets, stainless steel appliances, subway tile backsplashes, quartz countertops and black hardware. All apartments also feature plank-style flooring and in-unit laundry, with select residences offering a private balcony. Misson Rock Residential is managing leasing at Tempo Nine Mile Station, where rents start at $1,500.
Shared amenities include an outdoor pool and landscaped courtyard; community room; coworking spaces; a “Colorado Room” with bike, ski and kayak storage, hangout space, and stations for outdoor gear repair; yoga studio and rooftop fitness center; and party deck. The mixed-used building also features 3,000 square feet of ground-floor retail.
With its transit-adjacent location, Tempo Nine Mile Station caters to those working at Fitzsimons Medical Campus, Denver Technological Center, Buckley Space Force Base, Cherry Creek and downtown Denver. The property’s proximity to the 4,000-acre Cherry Creek State Park, Cherry Creek Regional Trail and Kennedy Golf Course, which will all be directly accessible via the planned pedestrian bridge, will appeal to future residents seeking an active lifestyle.
“The city of Aurora and the master plan team have had tremendous vision for the potential of The Point, in large part because of what immediately surrounds it and also what could be added in the way of shopping, dining and entertainment to create a strong sense of place,” said Bancroft. “We’re incredibly proud to be part of the effort to reimagine this entire site by bringing online a rental building with thoughtfully planned residences and amenities that perfectly complement the lifestyle offered by The Point.”
KTGY is the project architect for Tempo Nine Mile Station and Brinkmann Constructors is the general contractor. PGIM is the project lender, utilizing the HUD 221(d)(4) multifamily new construction loan program.
Currently in its second phase, The Point is a redevelopment of the former Regatta Plaza site. To date, the project has seen the opening of a new King Soopers store and gas station, and retail including tenants such as Key Bank, Pacific Dental and IHOP. Additionally, the city of Aurora will soon begin construction on the pedestrian bridge, which upon completion in 2026 will connect The Point to RTD’s Nine Mile station and other amenities.
In addition to Tempo Nine Mile Station, Draper and Kramer is active in the Denver market as the owner of The Wright, a 203-unit new-construction multifamily property at 6465 S. Xanadu Way in Centennial that the firm acquired in 2023. Draper and Kramer’s diversified multifamily portfolio includes 19 properties across the Chicago, Dallas, Denver, Phoenix and St. Louis metros.
For property and leasing information, visit temponinemileapts.com.
About Draper and Kramer, Incorporated:
Founded in 1893, Draper and Kramer, Incorporated is a trusted financial and property services provider with a deep commitment to people, excellence, service and integrity spanning more than 130 years. Family-owned and one of the leading privately held real estate services firms in the U.S., Draper and Kramer is headquartered in Chicago with a national reach and broad offering of services. The company’s decades-long heritage has evolved over the years and today spans expertise in residential and commercial development, acquisition, property management and leasing; and debt and equity financing for commercial properties. Draper and Kramer provides a single source of real estate-related counsel to a diverse group of real estate investors across the U.S., including corporations; private and institutional owners and users of real estate; government agencies; and foundations. For more information, visit www.draperandkramer.com.
About Koelbel and Company:
Founded as a residential brokerage company in 1952 and now a full-service real estate company with developed properties spanning from Vail and Winter Park to Louisville and Denver, Koelbel and Company has helped change the face of the Centennial State. Now in its third generation, the family owned Koelbel and Company continues to place its indelible mark on the Colorado landscape with developments that blend ageless values with pacesetting design. For more information visit www.koelbelco.com.
About Mile High Development:
Mile High Development is a veteran of large scale mixed use projects including Colorado Center, a $100 million mixed use project at I-25/Colorado Blvd. in central Denver which launched its first phase in 1986 and completed the second and third of the ultimate six phases in 1999. Mile High Development was also the Developer of the Wellington E. Webb Municipal Office Building in downtown Denver, a $200 million, 700,000 square foot Class AA office building developed for the City and County of Denver in 2001. Mile High Development was the Co-Developer of the $100 million Co-Development Project in concert with the Denver Art Museum expansion project, which included the 980 space Cultural Center Garage; the 55-unit Museum Residences condominium/mixed use project that was completed in 2007, and the 165 room ART Hotel which opened in July 2015. For more information visit www.MileHighDevelopment.com or www.FB.com/MileHighDevelopment.
About Urban Roots Development:
Urban Roots Development, Inc., was founded as a flexible and innovative platform for crafting urban, mixed-use, sustainable, outside-the-box development projects. The company was built on a commitment to delivering projects that demonstrate enduring value, environmental stewardship, compelling investment returns and a high-quality of life for residents and occupants. For more information, please visit www.urbanrootsdevelopment.com.
About Mission Rock Residential:
Mission Rock Residential was established in 2012. The company now manages over 180 multifamily properties and more than 33,000 residential apartments across the United States. With a team of more than 850 full-time employees, the company is headquartered in Denver, Colorado. The company was also named the third Best Places to Work in Multifamily in 2023. For additional information, visit www.missionrockresidential.com.
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Editor:
For more information, contact Sarah Lyons, [email protected], (312) 267-4520.
Media Coverage:
Tempo Nine Mile Station, a new five-story mixed-use development at the northeast corner of Parker Road and Peoria Street in Aurora, Colo., will be ready to begin welcoming first residents Feb. 1. The rental property is a joint venture of Chicago-based Draper and Kramer, Incorporated, Koelbel and Company, Mile High Development and Urban Roots Development, Inc.
