Address: 1000 S Logan Street, Denver, CO 80209
Developer: Narrate Holdings
Project Type: Class A++ Bespoke Multifamily
Units: 63
Status: Predevelopment (Rezoning in Progress)
Estimated Groundbreaking: Early Fall 2025
Estimated Delivery: Late 2026
Forma is an upcoming luxury multifamily development by Narrate Holdings, situated in Denver's esteemed Washington Park neighborhood. This three-story project will comprise 63 high-end residential units, each designed with bespoke finishes and amenities. The development includes 63 underground parking spaces, ensuring convenience for residents. Currently, the site is undergoing rezoning from U-RH-3A to U-MX-3 to accommodate the project's scope, with all city agency reviews approved without objections.
Founded in 2019, Narrate Holdings is a Denver-based real estate firm specializing in the investment and development of urban-infill multifamily and mixed-use properties across major metropolitan markets in the Western U.S. With a portfolio exceeding $150 million, Narrate focuses on projects that integrate community, culture, and commerce, delivering enduring value to local environments.
Washington Park, often referred to as "Wash Park," is one of Denver's most sought-after neighborhoods, known for its historic charm, tree-lined streets, and proximity to the expansive Washington Park itself. The area boasts a vibrant mix of local boutiques, cafes, and recreational spaces, making it a desirable location for residents seeking both tranquility and urban amenities.
The Denver multifamily market is experiencing a dynamic shift, influenced by recent supply surges and evolving demand patterns.
Vacancy Rate: 7.0%—the highest in 15 years, attributed to a 5% inventory increase in 2024.
Average Rent: $1,819 per month, down $56 year-over-year.
Construction Activity: Approximately 20,000 units under construction, leading to heightened competition among landlords.
Rent Trends: Denver experienced a 6.4% year-over-year rent decrease as of February 2025, the largest among major U.S. metros.
Despite current challenges, the market is poised for stabilization as new construction slows and demand continues to grow.
Washington Park offers a blend of natural beauty and urban convenience, featuring:
Washington Park: A 155-acre green space with two lakes, flower gardens, and recreational facilities.
Historic South Gaylord Street: A charming shopping and dining district with boutiques and eateries.
South Pearl Street: A vibrant area known for its farmers market, restaurants, and shops.
Denver Botanic Gardens: A nearby oasis featuring diverse plant collections and seasonal events.
For a deeper understanding of Narrate Holdings' vision and approach to development, watch Adam Fenton's episode of The Developer's Drivewayhere.
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