The corner of 22nd and Federal is getting some out-of-state attention.
Beverly Hills, California-based Kennedy Wilson, a publicly traded real estate investor and developer, on Tuesday proposed building a 242-unit apartment complex where a school currently sits at 2246 Federal Blvd., according to public records.
The company did not respond to a request for comment. Neither did Family Star Montessori, which has owned the 1.7-acre site since 2000, when it purchased the property for $1.3 million.
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The Jefferson Park school building is a half-block from the park itself and two blocks north of Empower Field at Mile High.
Should Kennedy Wilson continue with its development plans there, it will add to a growing portfolio of Denver metro apartments. The company manages 40,900 apartments worldwide and acquired a 320-unit complex near DIA late last year. It also owns similar developments in Littleton and Colorado Springs.
Last week, the business announced that it had signed a $1.5 billion agreement with Toronto-based Fairfax Financial Holdings Limited to merge and go private. That deal is expected to close in the second quarter of this year.
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