Tim Harty, The Business Times
Grand Garages is hosting a groundbreaking ceremony Jan. 22 to mark the start of construction on its garage condominium development at 2467 Industrial Blvd. in Grand Junction.
Grand Garages LLC parent company Playground Properties said in a news release its garage condominiums are designed for individuals and businesses seeking secure, customizable space for vehicles, storage, hobbies and small-business use.
“This project has been a long time coming, and we’re excited to officially break ground in Grand Junction,” said Gerrit Van Maanen, a Playground Properties co-founder and part of the Grand Garages ownership group. “We’re proud to bring a thoughtfully designed space that meets a real need in the community and contributes to the continued growth of the area.”
The sizes of the garage condos range from 700 square feet to 1,900 square feet, and depths of the units range from 35 feet to 60 feet, according to Playground Properties Operations Manager Kristen Lodahl.
She said pricing starts at $199,500 for its smallest available unit, while its largest available unit is priced currently at $528,000.
Lodahl said 25 percent of the 50 garage condos that will be built have been reserved or purchased.
“We continue to gather reservations and additional inquiries,” she said. “We have been very excited with the demand for these spaces and the sales velocity. We use a reservation system that starts with a fully refundable deposit and moves to a purchase agreement. This gives our buyers security during the build process and affords us the flexibility to work with their deposits and timing.”
Lodahl said Denver-based dcb Construction Company Inc. is the project’s general contractor, and, “We are also proud that the majority of the trade partners and material procurement are local to Grand Junction and Mesa County.”
She said the estimated completion date is late summer to early fall this year.
Lodahl said Playground Properties also has a garage condo complex under construction in Golden and “several more in the works across the Front Range, including an upcoming project in Centennial, CO. The team has been involved in dozens of garage condo and self-storage projects all across the U.S.”
For more information about Grand Garages, visit www.grandjunctiongarages.com or call 970-500-2846.
