Mix of Market-rate and Affordable Units Planned for Longmont
Massimino Development and Origin Investments will develop a 280-unit, Class A apartment project called Farm Haus, in the north Denver suburb of Longmont. Of the 280 units, 247 will be market-rate and 33 will be designated as affordable. JLL worked on behalf of the developer to provide $50.4 million in …
Denver Seeks Consultant to Advance Affordable Housing Priorities
The City and County of Denver is seeking a consultant to help advance housing policies that would increase the amount of affordable and mixed-income housing specifically in transit-rich areas of Denver. Denver Community Planning and Development (CPD) and Denver Economic Development & Opportunity (DEDO) have issued a Request for Proposals (RFP), …
Odell Brewing Selects Sloan’s Lake for Second Denver Location
Odell Brewing of Fort Collins will open its second Denver pilot brewery in the Summer of 2020, in Sloan’s Lake. Following the success of their first Denver brewhouse in the RiNo Art District, which recently celebrated its one-year anniversary, Odell Brewing began planning for a second Denver location. The new facility, …
Affordable Housing Proposed for Capitol Hill
Mile High Development and Brinshore Development have proposed a 6-story, 103-unit affordable housing development to be called The Capitol Square Apartments. Located just one block from the State Capitol at the corner of 13th Avenue & Sherman Street in Denver, the site is currently owned by the Colorado State Land …
Golden Spike Apartments Celebrate Grand Re-Opening
Golden Spike Apartments, a 200-unit high rise property located at 3000 W. Yale Avenue in Denver, celebrated their grand re-opening after almost a year of construction. Serving low-income senior and disabled households, subsidized by HUD-sponsored rental vouchers for all units, the 45-year-old building showed signs of needed functional, code-related and …
Grand Opening: Paris Family Apartments, Aurora
Brothers Redevelopment, Inc. will celebrate the Grand Opening of Paris Family Apartments in Aurora, at 10:30 a.m. on Friday, July 12. The completion of the $13.5 million Paris project, a model for strong local, state and federal partnerships in affordable housing, will be marked by honored guests, including: Housing and Urban Development Secretary Ben …
Developers and Brokers Respond to Changing Consumer Preferences
Affordability took center stage at the third annual InterFace Denver Multifamily Conference, organized by Western Real Estate Business and the InterFace Conference Group on June 13. A brokers’ discussion panel was moderated by Phillip Gause, first vice president capital markets, Marcus & Millichap Capital Corp. (MMCC) Denver. Developers are expanding their …
Program Launches to Create 330 Units of Permanently Affordable Homes Across Colorado
Radian and Interfaith Alliance of Colorado will develop new affordable housing options attainable to households earning from 0 percent to 80 percent of Area Median Income, thanks to a $419,400 grant from the Colorado Health Foundation able to scale up the Congregation Land Campaign (CLC). The Congregation Land Campaign …
New Affordable Housing Project Coming to Adams County
WESTMINSTER — Unison Housing Partners has been awarded federal and state tax credits from the Colorado Housing and Finance Authority for the development of a new multifamily, mixed-income affordable housing project in unincorporated Adams County. Once completed, the project will provide 116 new apartment homes. Located at 7401 Broadway, the 4.7 …
Denver Apartment Community Serving Denver’s Homeless, a Finalist for ULI Award
DENVER — Renaissance Downtown Lofts, an apartment complex built to meet the needs of Denver’s homeless population that serves as a home to 100 residents, has been recognized as one of 19 finalists for Urban Land Institute’s (ULI) 2019 Global Awards for Excellence and is a PCBC Gold Nugget 2019 Award …