Acquisition represents EMBREY’s 22nd project in Denver, further illustrating its confidence in the market.
EMBREY, a vertically integrated real estate investment company based in San Antonio, Texas, today announced the closing of more than 18 acres of land for Clio at Rock Creek, a 324-unit, three-story Class-A luxury garden community planned in Lafayette, Colo. The project has secured required entitlement approvals and is preparing to begin construction.
EMBREY has been active in Colorado for more than 25 years. In that time, the firm has delivered more than 7,500 units in the state and has nearly 2,000 additional units in the pipeline.
Clio is located along the highly desirable U.S. 36 employment corridor, positioned between two of Colorado’s most dynamic employment and lifestyle hubs, downtown Denver and Boulder. The project also benefits from proximity to significant local employment drivers, including Medtronic, Intermountain Health’s Good Samaritan Hospital, and the Colorado Tech Center. Medtronic’s Lafayette campus, its second-largest U.S. campus, supports more than 1,200 local employees and hosts medical professionals from around the world for extended training and educational programs.
Clio is expected to break ground in Q3 and will welcome its first residents in late 2027.
“Lafayette is one of Denver’s most supply-constrained submarkets and we are excited to be a part of such a wonderful community,” said Casey Klein, Vice President of Development at EMBREY. “We are grateful to all our partners who continue to believe in high-quality real estate in high-quality locations.”
Located at the NW corner of U.S. Hwy. 287 and Dillon Road, units at the development will feature quartz countertops, designer kitchen cabinetry, walk-in closets, and keyless entry. Clio’s amenities include micro-offices, a fitness studio with a yoga room, a game room with a billiards table, a resort-style pool and hot tub, in addition to a dog park and pet spa with a grooming station.
“Denver remains a market where we are actively pursuing developments that meet our standards,” said Garrett Karam, Chief Investment Officer at EMBREY. “With Clio’s strong basis, supply-constrained submarket, and proximity to high-quality employers, we are pleased to be breaking ground and look forward to a successful development.”
Amegy Bank and Hancock Whitney Bank provided financing for the project.
About EMBREY
EMBREY is a vertically integrated, partner-led real estate investment company that develops, invests, builds, acquires, and manages multifamily and commercial assets. Since 1974, family-owned EMBREY has developed more than 50,000 apartments and over 6 million square feet of commercial property in Texas, Arizona, Colorado, Florida, North Carolina, and Tennessee. San Antonio-based EMBREY is a leading developer in the multifamily sector, with more than 6,000 units under construction or in development. www.embrey.com
About Amegy Bank
Amegy Bank, a division of Zions Bancorporation, N.A., is a leading Texas bank with $14 billion in assets and about 1,000 employees. Amegy is recognized by Coalition Greenwich as a 2026 Best Bank Award winner, receiving 15 Best Bank Awards for serving middle market and small business clients, placing second in the nation for total awards issued in the middle market banking segment. With more than 75 locations across Houston, Dallas-Fort Worth and Central Texas, Amegy is dedicated to serving Texas communities, families and businesses. Founded in 1990, Amegy has a strong tradition of relationship banking, local leadership and financial knowledge. Amegy specializes in banking businesses of all sizes, particularly family-owned businesses, and has the resources to provide financing, treasury management and other products and services that help companies grow. Equally important, the bank offers individuals and families a wide range of depository, lending, wealth management and mortgage solutions. To learn more about Amegy Bank, visit www.amegybank.com.
