Former Denver Headquarters Sold for Apartment Redevelopment
The Garrett Cos. purchased the site at 3800 Xanthia St. and plans to build 329 new apartments.
Updated on Oct. 2, 2026 in Commercial
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The Garrett Cos. has purchased the former RK Industries headquarters in Denver for $16.78 million. The developer intends to transform the property into a 329-unit apartment community.
Why it matters
The sale marks a significant land use shift as RK Industries relocates to a larger facility in Aurora to support its regional expansion. This transition highlights the ongoing conversion of aging industrial sites into residential housing in the Denver area.
The property at 3800 Xanthia St. sold for $16.78 million to make way for a 329-unit housing project. RK Industries moved to a 154,488-square-foot facility in Aurora supported by $24.4 million in tax incentives.
The players
The Garrett Cos.
A developer specializing in multi-family residential construction and large-scale apartment community projects.
RK Industries
A large-scale mechanical contractor that recently relocated its Colorado operations to a new headquarters in Aurora.
The details
The development plan involves constructing the apartment community across 15 total acres, divided into a 10-acre phase and a 5-acre phase. The Garrett Cos. acquired the site through a warranty deed transaction finalized in late September. This redevelopment will see the former headquarters structure replaced with modern residential units.
Timeline
Late 2025: RK Industries announced its headquarters relocation.
September 25, 2026: The warranty deed was filed for the property sale.
Late 2026: Construction on the apartment complex is expected to begin.
Q4 2027: Expected completion of the apartment community.
The Home Front
This project reflects a broader local trend of repurposing industrial land into multi-family housing to accommodate urban growth. It aligns with long-term regional development patterns that prioritize residential density over aging commercial infrastructure.
Residents in the vicinity of 3800 Xanthia St. should monitor city planning portals for upcoming zoning or construction permit notices. Homeowners nearby may want to track the project timeline to understand potential impacts on neighborhood traffic and local infrastructure improvements.
The takeaway
The transformation of industrial land into residential housing is a key factor in how cities like Denver expand. If you live near large commercial sites, consider checking local development filings to stay informed about potential rezonings in your neighborhood.
What happens next
Construction on the 329-unit apartment development is slated to begin later in 2026.
Further reading
For more on how shifts in local property use affect the city, read the latest updates in Denver Commercial.
Source note: This article includes information reported by The Denver Post.
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