Over the past 14 months, construction of the Apartments atMaddie has begun to change the complexion of Greeley’s downtown area.

Now, the vast apartment complex may be just weeks away fromdoing the same to Greeley’s apartment rental scene.

In about a month, the first of three buildings that composethe Maddie apartments – named The Walker, 1540 8th Ave. – will provide 83 newapartment units to a tight Greeley renters market.

Rental rates start at $1,100 for one-bathroom studioapartments from 392-434 square feet. One-bedroom, one-bathroom units cost$1,390 and range from 548-618 square feet. Two-bedroom, two-bathroom apartmentscost $1,650 and range from 853-921 square feet.

With the four-story Walker set to be fully completed towardthe end of December – with the first tenants expecting to move in around mid-January- units are filling up at a steady rate, according to Adam Frazier, the vicepresident of real estate development for the property’s owner, Richmark RealEstate Partners.

Cars drive by the Eliot at Maddie apartment complex under construction on 8th Avenue between downtown and the University of Northern Colorado in Greeley on Tuesday, Nov. 19, 2019. (Alex McIntyre/amcintyre@greeleytribune.com)

“We’ve been pleasantly surprised,” Frazier said. “We’vestarted a waitlist, and we’re surprised by the amount of preleasing andwaitlists we’ve had so far.”

Following the completion of The Walker, the other twobuildings – The Eliot, 1521 8th Ave., and The Boone, 1640 8th Ave. – areexpected to begin welcoming tenants in March and May, respectively.

Thethree buildings will provide a total of 221 units. They will feature a host of amenities, including a pool and barbecue area,a dog park, a gym, conference rooms and more than 2,000 square feet for retailor dining.

City officials have estimated the project’s total privateinvestment to exceed $50 million.

Frazier said, for everyone involved – the Richmark team, itspartners and the architect, OZ Architecture – watching this ambitious projectcome to fruition since it broke ground October, 2018, has been well worth thecountless hours of planning, labor and execution.

“We’re all very excited about seeing what this building does for the community, and we hope to get it filled as fast as possible,” Frazier said.