Mile Hi Modern has announced the start of construction of Observatory Row townhomes in the Observatory Park neighborhood. The development includes 20 residences, ranging in size from 1,731 square feet up to 1,885 sf, in five different buildings. 

The Bascom Group LLC paid $92.5 million, or $336,364 per unit, for the Class A, 275-unit community at 1910 S. Josephine St. in Denver, by the University of Denver.