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.

  • The tandem two-car parking scheme earned the project a variance that enabled a higher density (20.3 units per acre) on a 31-acre infill parcel.
  • Buyers get a high level of architectural design and detail for the price, with options and upgrades available to those who want them.
  • The village features a landscaped interior park, pocket courtyards, and playgrounds.
  • Covered walks and a patterned drive highlight the garage/ground level.
  • All units face either the interior park or mountain vistas.
  • 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