Spokesperson Zain Abouseido declined to comment. Greystar oversees seven of the listed apartment buildings. Spokesperson Marty McKenna didn’t respond to requests for comment. Real estate investment trust company Equity Residential manages Eviva on Cherokee and another five of the Denver area’s Airbnb-friendly apartment buildings. I’m gonna have to move.”ĭespite the fact that multiple property management companies seem to be embracing Airbnb rentals, no one is willing to talk about it. If his rent creeps upward at all in September, “it’s not gonna be tenable. “It hasn’t turned into a frat house, which I think was people’s initial concern.”īut if the broader apartment industry jumps on this trend, Watkajtys worries that “everyone’s gonna get priced out.” So far, Airbnb guest behavior hasn’t caused any problems. But “when the building does it in an official capacity, that feels wrong.” Watkajtys sees the merits of the idea for tenants who often leave town for work. “If they can just turn into a de facto hotel, why deal with tenants?” If a building can make more money by directly leasing on Airbnb, “they don’t have any incentive at that point to ever lower rent, because this is a desirable area,” Watkajtys said in a phone call. Rent has already jumped every year that 34-year-old Matt Watkajtys has resided at the luxury apartment complex in Denver’s Golden Triangle, he said last week. One tenant at Eviva on Cherokee worries that he and others will eventually be priced out of their units as a result. The Aster Conservatory Green at 9095 E.The Town Center Collection at 3131 Roslyn Way in Denver.Sentral Union Station at 1777 Wewatta St.Uptown Square Apartment Homes at 1950 Pennsylvania St.Skyhouse Denver at 1776 Broadway in Denver.Eviva on Cherokee at 1250 Cherokee St.The following apartment complexes in the Denver area are listed as Airbnb-friendly apartments, as of March 22: Out of the metro area’s current options available on Airbnb, the starting monthly rent ranks as low as $1,209 in Glendale, with average weekly earnings of $568, and as high as $2,993 in Denver, with that profit jumping to $749. Renters can earn money by hosting Airbnb guests in their units, with the frequency and guest rules varying by building and locality.Īt a time when apartment rent in Denver averages $1,997, Airbnb estimates that a host can earn an average of $786 for a weeklong rental in the city. Vacation rental company Airbnb has partnered with building owners in almost 40 cities “to make it easier for renters to find apartments that let them host part-time,” according to its website. Tenants at 20 apartment complexes across Denver are now sharing their amenities with out-of-town guests, as building management is allowing residents to rent out their units as Airbnbs. Construction is slated for completion in the Fall of 2019.Digital Replica Edition Home Page Close Menu The units, whether townhomes, flats, or standard apartment configurations, each feature materials that reflect a Scandinavian inspired sophisticated living environment composed of rich colors and textures. At the heart of the project, Milo becomes the backdrop to a sunken courtyard surrounded by an amenity fitness pavilion, collaborative shared office space, clubroom and roof deck overlooking a quiet oasis in the heart of urban development. To help carefully integrate Milo into the community, the design team created several smaller building masses that meet the ground with passageways between them allowing residents and guests to circulate around and through the development, much as they do in the surrounding neighborhood context. The second building, adjacent to a structured parking garage reused from the former hospital, features 17 walk-up townhouses and flats overlooking the pedestrian park. The design strategically uses smaller masses at the site’s perimeter and features street-front entrances and stoops, increasing pedestrian activity and giving residents a front door to the community. One building, with 302 units, was designed to help elevate the district’s density while also connecting the site into its surrounding neighborhood fabric. Milo includes two separate buildings, fronting a newly-created public park, with shared amenities between them.
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