The Garrett Companies has acquired the former RK Industries headquarters in Denver’s Central Park neighborhood for $16.78 million, according to a deed recorded in Denver County.
The approximately 15-acre property at 3800 Xanthia St. will be redeveloped in phases. Garrett plans to develop 329 Class A apartments with modern amenities on approximately 10 acres, with construction expected to begin later this year and completion targeted for the fourth quarter of 2027.
RK Industries is retaining approximately five acres of the property, with plans for that portion to potentially be sold to Garrett for a future phase…