$60M apartment project in Lakewood ‘all but abandoned,’ lender says

Cross-post from BusinessDen.com, Justin Wingerter January 19, 2024

Construction on a $60 million apartment complex along Wadsworth Boulevard “has come to a standstill due to infighting” and been “all but abandoned,” its lender alleges.

Aspen Heights Partners, a Texas developer, broke ground in 2020 on a 352-unit apartment project at 1225 Wadsworth in Lakewood, with plans to finish it by the end of 2022. Amenities were to include a heated pool, dog park, bike repair shop and golf simulator.

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