Trailbreak Partners Breaks Ground on 295-Unit Kaia Residences
Multifamily, mixed-use development rises to meet demand for residential density and affordability in Denver.
DENVER – Trailbreak Partners, a Denver-based commercial real estate investment and development firm, recently broke ground on Kaia Residences, a mixed-use development located at 808 N Lincoln Street in the heart of Denver’s Golden Triangle neighborhood. The project will deliver 295 rental homes, including 19 designated as affordable, in a fast-growing area with high demand for housing.
At the recent groundbreaking ceremony, District 10 Councilman Chris Hinds and Executive Director of the City of Denver's Community Planning and Development department Manish Kumar joined Trailbreak leadership and local stakeholders to officially kick off Kaia’s construction.
"In my campaigns, I talked about three things: housing, transportation and representation...and Kaia touches all three,” said Councilman Hinds at the event. “The number one thing I keep hearing time and again from District 10 residents is about affordability, specifically housing affordability. Having a number of affordable units at Kaia addresses that, especially as we have a lot of demand in our city and don't have enough supply. It also addresses transportation close to the center city, along a major arterial where more than a third of households in Capitol Hill don't own cars at all –– with proximity to downtown, jobs, and grocery stores.”
According to Trailbreak's analysis, Kaia Residences is the first multifamily project to be financed and break ground in the area in the past 14-15 months.
“Denver’s continued growth underscores the urgent need for well-located, thoughtfully designed housing, especially in our downtown neighborhoods where future supply is constrained,” said Doug Elenowitz, Co-Founder and Principal at Trailbreak Partners. “Kaia reflects our long-term strategy of investing in well-located, highly amenitized projects that deliver both density and affordability. We are proud to make a significant investment in the future of downtown Denver and are grateful to our project partners and the City of Denver for helping us mark this exciting step forward.”
The 464,887-square-foot, 18-story tower will offer a range of thoughtfully designed studio, one-, two-, and three-bedroom apartments for individuals and families, along with 290 dedicated parking spaces and 8,500 square feet of street-level retail. Inspired by its name Kaia, meaning “pure” and “life,” the building prioritizes resident wellness with a state-of-the-art fitness center, Nordic- inspired spa featuring a cold plunge and sauna with massage and acupuncture services, an infinity pool, and a two-story rooftop lounge with panoramic city and mountain views. The project will also feature a 4,000-square-foot wellness marketplace, further enhancing its holistic approach to health and well-being for both residents and the surrounding community.
“Today’s renters are looking for more than just a place to live. They want convenience, community, and a sense of well-being. Kaia meets that need with wellness-focused amenities, ground-floor retail, and a location walkable to daily essentials,” said Dave Bacon, Vice President of Development at Trailbreak Partners. “The availability of three-bedroom units at Kaia will also be particularly attractive, as options for families, particularly in downtown, are in low supply across the city.”
Kaia’s location places residents steps from many of Denver’s storied cultural and lifestyle destinations, including the Denver Art Museum, Civic Center Park, and local cafés, restaurants, and shops along Lincoln and Broadway. With affordable homes as part of the project’s scope, Kaia expands access to one of the city’s most vibrant, amenity-rich areas and builds on Trailbreak’s commitment to positive community impact.
The property was designed by Hord Coplan Macht and will be constructed by ARCO/Murray.
Trailbreak Partners has completed or is underway on more than $1 billion in real estate projects across Colorado. Kaia is part of Trailbreak’s growing portfolio of thoughtful urban infill projects across Denver, including the recent Kabin Apartments in River North.
“I want to thank Trailbreak Partners for persevering with this market, and providing additional...affordable housing, for us in our city," Councilman Hinds concluded.
For more information, visit www.trailbreakpartners.com.
ABOUT TRAILBREAK PARTNERS: Trailbreak Partners is a Denver-based real estate development and investment company with a meticulous approach to investing. Their mission is to identify and execute great investment opportunities that their Principals and partners personally believe in, managing risk and creating value for all stakeholders. Trailbreak Partners has completed and is currently working on over $1 billion worth of real estate development and investments in Colorado and the Mountain West.
Their investment and syndication platform accesses a wide array of capital that includes ultra- high-net-worth individuals, family offices, and institutional investors. Learn more about Trailbreak Partners at trailbreakpartners.com.
