Villa Mayfair is a proposed market rate, age-restricted apartment community located at 8th Ave and Jersey in the Mayfair neighborhood of Denver CO. The building, constructed in the 1950’s of a cast-in-place concrete structure and precast concrete façade panels, has stood for many years as an underutilized asset in the neighborhood. Recognizing the inherent convenience of the location and the positive impact a physical upgrade and new use would make on the community, the developer (Old Vine) has teamed up with OZ to modernize the structure and transform it into a senior apartment community with modern amenities and appropriate services. When complete, the building will include 89 apartment units and resident amenities such as a theater, billiard room, bistro,salon and ballroom. Significant landscaping improvements and outdoor gathering spaces are also planned for the grounds. Parking will be a surface lot with a limited garages.
The development consists of 4 – 5 story towers. Phase 1 will include the south two towers. Phase 2 will include the north two towers which are currently occupied as dormitories for a local art college. The project will be financed by HUD with an expected completion in 2011.