New Gypsum Red Table apartments fill as soon as construction finished; AmericInn condos next
August 9, 2018
GYPSUM — The last residents were moving into Red Table apartments as fast as construction crews could stow away their tools.
Red Table apartments is 77 one- and two-bedroom apartments in Gypsum. Building began in January 2017, and went "remarkably fast," developer Kelly Herzog said. By last weekend, all 77 were filled, as fast as they were completed.
Herzog said she's not surprised they filled up that quickly.
"If you believe the housing studies, it should have filled up quickly," she said.
Lots of stars had to align for construction to go that smoothly.
Rocky Mountain GC — Grant and Jason Herzog — did a "phenomenal job," she said.
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"Working with the town of Gypsum also makes it easy. They've been very accommodating. They're wonderful," Kelly Herzog said.
The project started as an 18-condo building with extra land, built back in 2007. The market crashed and the developer hung onto it, but was finally ready to sell it a couple of years ago.
Kelly Herzog is also part of a group that bought and is converting Eagle's 54-unit AmericInn into rental condominiums.
That road was a little more rocky, but still navigable.
They made an offer to buy the AmericInn a year ago, but the sale hinged on the town of Eagle approving their plan to convert it to apartments.
That finally happened, and they closed on it Wednesday, July 25, Kelly Herzog said.
"We're sticking to the plan to convert it to studio apartments," Kelly Herzog said.
They're calling it "The House." It's a variation on the national "co-living" trend. Residents will have their own private living space, studio apartments with kitchenettes and private bathrooms.
The House will have community space within the building, giving residents room to hang out with friends and other residents. Gathering spaces will include a community kitchen for entertaining and community gatherings. There will be a large community room with fitness equipment and room for yoga classes and other fitness classes.
There will be a "bike barn" for bike storage and tuning.
"We plan to offer community programing, like organized group bike rides, hikes, skiing and camping for our residents. This is a people- and pet-friendly building," Kelly Herzog said.
Staff Writer Randy Wyrick can be reached at 970-748-2935 and email@example.com.