Feb. 2, 2013. Niebur Development, based in Colorado Springs – a wholly owned subsidiary of the nationally recognized golf construction firm, Niebur Golf Inc. – has recently purchased 1½ acres of multi-family land in Lone Tree where they will build The Flats at Lincoln Station. The project will be a 102 unit luxury apartment project with approximately 10,000 square feet of first floor Class A retail space. The location of the project is in arguably the strongest multi-family submarket in Front Range Colorado with extremely low vacancy rates and some of the best rental rates in the Denver market. The project is located directly adjacent to the Lincoln Light Rail Station with service along the I-25 corridor and the Central Business District of Denver.
NavPoint Real Estate Group introduced this multi-family opportunity to Niebur Development. NavPoint will continue to serve Niebur Development in a consulting capacity as the project moves forward. NavPoint has collaborated with Niebur Development on numerous other projects throughout Colorado.