Mass Equities, Inc. (MEQ), a private equity real estate investment firm, together with Brinkman Construction announced the completion of the first phase of South Main Station, including four of the five-building, multi-family and mixed-use project at the intersection of First Avenue and Main Street in Longmont. Part of the larger redevelopment of the 26-acre former Butterball Turkey plant, the $70-million-dollar mixed-use development is the first large-scale urban apartment community in downtown Longmont.
Developed by Mass Equities and designed by Shears Adkins Rockmore, South Main Station is comprised of 253 apartment units and 10,000 square feet of ground-floor space including residential and commercial units fronting Main Street. Of the five buildings, two include street-level retail with residential units above and one building is a traditional walk-up with garden-level units. The phase 1 unit mix is 35 studio, 161 one-bedroom, and 57 two-bedroom units averaging 860 square feet.
“Mass Equities is excited that this first phase of South Main Station Apartments is completed, providing for the growing demand for new apartments and retail amenities in downtown Longmont,” said Brian Bair, MEQ principal and senior VP, Acquisitions & Development for Colorado. “Brinkman was the perfect strategic partner to help bring our vision of a community with an updated Urban feel that still reflects Longmont’s historic charm.
Tenant move-ins began in early January with the first building gaining occupancy at the end of last year, and rapidly continue as additional buildings have become available. South Main Station’s design is a nod to the industrial roots of the site with steel accents and masonry facades. Unit interiors come with quartz countertops, stainless steel appliances and sliding barn doors. Residents have a mix of covered, private and surface parking.
South Main Station offers direct access to downtown shops and amenities, including Dickens Farm Park on the St. Vrain River with its fishing ponds, great meadows, biking, kayaking, and running trails. Of the many on-site amenities offered in this unique community, the rooftop lounge with fire pits, a bar and expansive communing areas is a focal point. The apartments also include access to an onsite gym, yoga room and community room with kitchen, as well as a swimming pool, hot tub, fire pits, pet spa, mail center and storage. One of the most unique amenities is a DIY Garage with a self-service bike and ski workshop open to all tenants.
“This has been a flagship project for us,” noted Jim Ciesla, President and CEO of Brinkman Construction. “We’re proud to be partnering with Mass Equities to bring something unique to the Longmont market.”