Written by: Craig Young, The Reporter-Herald

LOVELAND — The residents of Waterford Place Apartments in south Loveland will be getting new neighbors by the end of the year as the first units in a new complex open.

Pinyon Pointe, a 166-apartment project at 451 SE 14th St. just west of Waterford Place, broke ground last November and will be moving its first tenants in by November or December, according to David Jaudes, vice president for multifamily development for McWhinney, the project’s owner.

Although designated on city documents as Waterford Place Apartments Phase II, the new complex has no connection to the 128-unit affordable-housing apartments next door that were built in 2003, Jaudes said.

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