LAKEWOOD, Colo. (CBS4)White Fence Farm will likely become housing. The iconic Lakewood restaurant was in business for 45 years before closing at the end of last year.

(credit: CBS)

Crescent Communities wants to develop an apartment complex at the property. It would have 260 units.

(credit: CBS)

The historic barn would be kept on the property and possibly be used for a community clubhouse.

(credit: CBS)

The company hopes to break ground on the apartments later this year.

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