CIM Group Announces Completion of Milo Apartment Community at 9th & Colorado Project in Denver

On-site Leasing Office is Open

DENVER--(BUSINESS WIRE)--CIM Group announced today that it has completed construction of Milo, the eight-story, 319-unit apartment community and the second residential phase at 9^th & Colorado, a 26-acre urban infill project at the site of the former University of Colorado Health Sciences Center in Denver. Located at 4109 E. 10^th Avenue, Milo Is a significant addition to the evolving fabric of the Bellevue-Hale neighborhood of Denver. CIM is co-developing 9^th & Colorado with Continuum Partners.

Milo offers contemporary residences in a variety of sizes including micro, studio, one, two, and three-bedroom apartments, townhomes and stacked flats. It provides a host of in-demand amenities such as a resident-only co-working office space, fitness center with interactive/high-tech equipment and flex yoga room, bike storage and service area, pet wash station, refrigerated package lockers and storage rooms. Milo features many large outdoor communal gathering spots including full length lap pool and hot tub, and a roof deck with barbeques to enjoy the stunning views of the Rocky Mountains and Denver. Milo is located directly across the park at 9^th & Colorado, a walkable neighborhood that provides many shopping, dining and entertainment options.

In April 2018, the 275-unit, nine-story Theo apartments opened at 9^th and Colorado bringing the first residences to this dynamic 12-block redevelopment. CIM is also developing Ella City Homes, a 35-townhome development, with a phased delivery commencing in Spring 2020.

CIM brings its broad experience in owning, developing, and operating properties to the development of 9^th & Colorado. Upon completion, 9^th & Colorado will comprise approximately two million square feet offering a mix of restaurant, retail, residential, office and entertainment.

Milo’s on-site leasing office and model units are open. For more information please call [phone] or visit www.miloapartments.com.

About CIM Group

CIM is a community-focused real estate and infrastructure owner, operator and lender. Since 1994, CIM has led more than $60 billion of projects in metropolitan communities across the Americas on behalf of its own account and for its partners and co-investors. CIM’s broad in-house expertise includes decades of research, acquisition, credit analysis, development, finance, leasing and property management experience in real assets located in and serving densely populated communities, net-lease assets and other associated credit strategies. Using its disciplined approach and extensive in-house expertise, CIM seeks to create value in projects, which ultimately enhances communities. For more information, visit www.cimgroup.com.