DENVER, CO – April 16, 2026 - RXR, a leading national real estate owner, operator, and developer, together with Korman Communities, a 100+-year-old real estate investment and property management company behind the innovative residential multi-family brand AVE, and Denver-based partners Invent Development Partners and Halpern Real Estate Ventures, today celebrated the groundbreaking of AVE Station House, a 301-unit luxury residential development in Denver’s RiNo Arts District.
The project represents RXR’s continued expansion of its national multifamily platform and a strategic effort to grow the award-winning AVE residential brand in high-growth markets. Korman Communities will deliver its signature elevated apartment living experience through high-touch service, thoughtful apartment and amenity design and curated lifestyle programming.
Partners, friends and elected officials including Denver Mayor Mike Johnston gathered at the Lafayette Avenue site in Denver’s growing RiNo Arts District today to celebrate the milestone, followed by a reception.
AVE Station House will deliver a 13-story, 301-unit residential community including more than 6,000 square feet of ground-floor retail and structured parking with AVE Paradise Valley, EV charging infrastructure. The building will feature thoughtfully designed apartments, and modern, on-demand business, wellness, and leisure amenities for those seeking a lifestyle of flexibility and convenience. The project is expected to be delivered in late-2028.
“Projects like AVE Station House are critical to ensuring Denver continues to grow and thrive,” said Mayor Johnston. “We’re proud to support developers that work with the City to advance our Housing Initiative by delivering much-needed residences, activate communities, and create amazing living opportunities for our citizens.”
“From inception to groundbreaking, this has been a true team effort,” said Jon Dwight of Invent Development Partners. “We’re extremely grateful to all the elected officials and City staff we worked with along the way to make AVE Station House possible, and are excited to deliver a community that reflects the energy and vitality this great city is known for.”
“Denver represents a compelling opportunity for RXR to expand its national residential platform and grow the AVE brand alongside strong local partners,” said Todd Rechler, Chief Construction and Development Officer. “With AVE Station House, we are combining institutional-scale investment with on the ground expertise to deliver a best-in-class living experience and further establish AVE in key growth markets.”
"Denver is a city that genuinely values community, and that makes it a natural home for AVE," said Lea Anne Welsh, President of AVE and COO of Korman Communities. "We're proud to be breaking ground here alongside our partners, and even more excited for our future residents to experience what AVE is all about.”
“This project represents a unique opportunity to deliver a best-in-class residential offering in one of Denver’s most emergent neighborhoods,” said Jon Halpern of Halpern Real Estate Ventures. “The collaboration across partners has been instrumental in bringing this vision to life.”
This project is a key component of RXR’s expanding national multifamily strategy, which includes 13 rental buildings and approximately $2 billion in capitalization.
Designed by OZ Architecture, with interiors by Vida Design, AVE Station House will include a mix of studio to three-bedroom residences, with approximately 10 percent designated as affordable housing. Residents will have access to over 18,000 square feet of indoor and outdoor amenities including co-working spaces, a fitness center and spa, a golf simulator, outdoor pool, and rooftop spaces designed for both productivity and leisure.
The project, being delivered by Brinkmann Constructors, a national, employee-owned general contractor with expertise in various market sectors, including multifamily developments, is supported by the City of Denver’s Community Planning and Development team, which played a key role in advancing the project. The development also aligns with Mayor Johnston’s Housing Initiative, which aims to support the development of new middle-income rental housing.
AVE Station House is a celebration of the continued expansion of the AVE brand, which opened two new successful locations just last year, also in partnership with RXR. AVE Paradise Valley in Phoenix, featuring 400 resort-style units and more than 36,000 square feet of amenities, was the first residential project to open within the vibrant mixed-use development at the former site of the Paradise Valley Mall. AVE Hamilton Green, 477 apartments located north of New York City in White Plains, NY, includes 55,000 square feet of open space and 26,000 square feet of commercial and entertainment retail space, all within commuting distance to Manhattan. Voted the top-ranked property management company in the U.S. for renter satisfaction in its tier for four consecutive years, according to the Kingsley Index, Korman Communities currently operates 20 AVE residential buildings nationally.
Located in the heart of the RiNo Arts District, a hub for young professionals, AVE Station House is positioned to meet increasing demand for high-quality rental housing. The property is located one block from the RTD 38th-Blake rail station and offers seamless regional connectivity to downtown Denver and Denver International Airport. Residents will also benefit from immediate access to the nearby 39th Avenue Greenway and bike path, offering convenient options for recreation and alternative transportation.
For more information visit https://www.aveliving.com.
