Urban living and upscale condo projects have been a national trend for many years, and Boulder Colorado has finally hit it big with The Peloton Boulder (at 3601 Arapahoe Avenue). This project strives to accomplish on a grand scale what hasn’t been attempted for many years in Boulder: to provide the kind of broad-appeal to residents that share common aspirations and a passion for the challenge of outdoor activities, and the thrill of urban living.
The Peloton location offers something unique in Boulder condos: quick access to the University of Colorado (CU) campus, the Pearl Street Mall, the Boulder Creek Path, the Twenty-Ninth Street Retail District, the Foothills Parkway / Highway 36, and the projected Boulder Transit Center.
Owning a home in Boulder Colorado has often meant compromise – one that required choosing between affordability and luxury. What distinguishes The Peloton is a superb combination of attributes and appointments that you won’t find anywhere else in Boulder: Gated Subterranean Parking, Private Decks and Patios with Gas Hook-Ups for Grills, Mountain Views from Most Homes, Boulder’s only rooftop swimming pool (it’s open year-round and includes two hot tubs), a 6,000 square foot private fitness club, design by award-winning Colorado Architects, and a private movie theater with stadium seating.
Another unique fact about The Peloton is that it’s fully funded. This means that unlike many large development projects, they don’t need to sell more condos to fund the next round of construction progress. In fact, the Peloton’s fitness club is the first building to be completed, a rare turn of events in new construction.
The Peloton offers four configurations: Lofts, 1,2, and 3 bedroom floor plans. However, rather than forcing you into cookie cutter configurations, there are 20 different alternatives. Each footprint allows you to create an ideal living space. Even with the smaller residences, you’ll find flexible design, stainless steel appliances, and granite counters.
Built on the former site of the Exabyte computer storage manufacturer, The Peloton seems to be an excellent choice for the current Boulder condo buyer. Depending on unit configuration, the Peloton will consist of approximately 390 units ranging in price from $350,000 to $1,100,000. The $1,100,000 price tag is for southwest facing penthouse units (approximately $589 per square foot).
For a look at one of the most famous attractions in Colorado, check out the Boulder Pearl Street Mall.
Keith Munsell 
I find it interesting that the website for this structure constantly refers to the condos as “affordable”
Yes, $350k for 600 sq. ft. is hardly what I would deem “affordable” and completely indicative of what Boulder has become. While the city foists the “Affordable Housing” program on builders, which attempts to shoehorn lower middle class buyers into mortgages designed to keep them house poor indefinitely in a misguided effort to keep the city “diverse”, the rest of the real estate is priced so far above what the rest of the middle class can afford that they either mortgage themselves to the hilt to live here or are forced to simply look elsewhere. What’s gradually happening is the middle class (at least those who want to own a home instead of rent) are being forced out of Boulder proper and all that is left are renters, the lucky lower middle class who managed to snag “affordable housing”, and the wealthy (the largest group by far).
I’m not sure exactly what the Boulder city council thinks they are accomplishing, but they are kidding themselves if they think they are keeping Boulder diverse with this scheme. They would be better off junking the affordable housing program altogether, relaxing the draconian regulations on renovations, and letting Boulder officially become what in reality it already is: a wealthy suburb of Denver, chock full of the guilty rich.