
A multifamily property development firm has announced plans to construct two more apartment complexes in Grand Junction with a total of 336 apartments.
Perry Reid Properties — a firm based in Lincoln, Neb., that developed the Railyard at Rimrock — plans to develop the Slate on 25 and Heights on Horizon.
Perry Reid Properties will develop the complexes in partnership with Anthony Properties based in Dallas.

Craig Reid, chief executive officer of Perry Reid Properties, said the success of the Railyard at Rimrock prompted the additional developments.
“The Railyard at Rimrock has enjoyed remarkable success since day one. Units have been leased as soon as they became available,” Reid said. “Clearly, there continues to be strong demand for spacious, hiqh-quality, multifamily communities in Grand Junction. We are delighted to have the opportunity to meet this demand with these two additional projects.”
Located near the intersection of 25 Road and Flat Top Lane, the Slate on 25 will include six, 28-unit buildings with attached and detached garages.

The Heights on Horizon will be located on an 8-acre site on Horizon Drive near Grand Junction Regional Airport and include another 168 units.
Both developments will feature apartments with large living areas, spacious bedrooms, walk-in closets and patios or balconies as well as glass recycled countertops, top-of-the-line appliances and full-size washers and dryers. Studio, one-, two- and three-bedroom units will be available.
The projects also will include central clubhouses offering residents a place to work, entertain and socialize with business and fitness centers as well as swimming pools, patios and grilling areas and bicycle storage and repair areas.
The developments are expected to open in early 2023, with preleasing set for this fall.
Brian Shiu, vice president of development at Anthony Properties, said he’s looking forward to the new developments. “Thanks to the success of the Railyard at Rimrock, we now have an experienced team of professionals that will facilitate the entire development and construction process. We look forward to working with the City of Grand Junction to help meet the strong demand for housing in the area.”