WHY IT WORKED: The first (and still only) for-sale multifamily project in downtown Durango, Parkside Terrace attracted a broad range of buyers with authentic design details, a convenient location, and a reasonable price point.
Project: Parkside Terrace, Durango, Colo.; Sales started: summer 2003; Sales through June 2005: 71; Units planned/released: 71; Price: $180,000 to $200,000; Unit size: 1,272 to 1,398 square feet (two floor plans); Developer: Parkside Development, Durango; Builder: Timberline Builders, Durango; Architect/Land planner: Knudson Gloss Architects, Boulder, Colo.; Landscape architect: Hardy Laskin Associates, Durango
PROJECT CREDITS