Zocalo Secures Financing for Affordable Housing Project on South Broadway
DENVER – Zocalo Community Development has successfully closed on the complex funding for The Quayle, formerly known as 101 Broadway, a 102-unit income-restricted affordable housing development at 1st Avenue and Broadway. The closing on a $2.5 million Affordable Housing Loan from Denver Economic Development & Opportunity made possible in part by …
Affordable Housing Project Breaks Ground in Denver’s Trendy Arts District
DENVER – Urban Land Conservancy (ULC) and developer Medici Consulting Group (MCG) recently broke ground on Walnut Street Lofts, a permanently affordable housing development adjacent to the 38th and Blake Station on RTD’s A Line Commuter Rail. In an effort to increase long term affordability, the land will join ULC’s …
Koelbel and Company Complete Sienna Affordable Housing at Sloans Lake
DENVER – Koelbel and Company and Trailbreak Partners have completed the construction of 49 affordable housing units in the refurbished Kuhlman Building, within the former campus of the St. Anthony Central Hospital. Sienna Sloans Lake will provide much needed affordable homes to 49 individuals and families in Sloans, the name of …
DHA’s Vida at Sloan’s Lake Project Tops Out
DENVER – Pinkard Construction Company, with Denver Housing Authority (DHA), its project investors, and Parikh Stevens Architects, recently held a topping-out celebration for Vida at Sloan’s Lake, DHA’s new ground-up mixed-use senior/disabled housing development on West Colfax Avenue. The $39.5 million construction contract, which includes 176 units for low-income seniors and disabled residents, a …
Renovation of Denver Affordable Apartments Complete
LAKEWOOD — Pinkard Construction, with owner Sierra Vista Housing Partners, owner’s representative The ITEX Group, and WORKSHOP8 architects, has completed renovations of the $10.9 million Sierra Vista Affordable Apartments in Denver. The 40+ year old, 209-unit facility, which consists of four, three-story wings radiating from a central clubhouse-hub was renovated on …
Multifamily Affordable Housing in Boulder Receives Financing
BOULDER — KeyBank recently provided $50.4 million in total combined financing for a tax-exempt bond transaction to support the construction of Alexan Diagonal Crossing, a 105-unit garden-style apartment community that is income-restricted for families earning at or below 60 percent AMI in Boulder. Diagonal Crossing broke ground in June 2017 and …
City Council Approves Proposal for Central Platte Valley Affordable Housing Plan
DENVER – A proposal to require affordable housing plans for large projects utilizing height incentives in the Central Platte Valley-Auraria District has been approved by Denver City Council. “Affordable housing remains a primary challenge for many of our residents,” Mayor Michael B. Hancock said. “We’ve made great progress the last …
Monfort Companies and Summit CVG Acquire Lodo’s Bar and Grill
DENVER – MCSV Holdings I, LLC, a joint venture between Kenneth Monfort of Monfort Companies and Jason Marcotte and Matt Runyon of Summit Capital Venture Group dedicated to the intentional revitalization of downtown Denver, has acquired the Lodo’s Bar and Grill portfolio, including all business operations and real estate. The 4.4-acre portfolio consists of three restaurant …
ULC Acquires Land for Affordable For-Sale Condo Development
DENVER – In partnership with Shanahan Development LLC and Elevation Community Land Trust (ECLT), Urban Land Conservancy (ULC) purchased an 18,000-square-foot site located at 801 W. 6th Avenue in Denver’s Santa Fe Arts District for the development of affordable for-sale homes. The $1.8 million acquisition will support a mixed-use development, with …
New Denver Residential Mid-Rise Coming to 26th and Alcott
DENVER — OZ Architecture has been selected by NYC-based Tessler Developer to design a new 14-story building that will feature a mix of for-sale condos and for-rent apartments in LoHi. Alcott Condo Club will offer an affordable entry point into the housing marketing for first-time home buyers in a highly desirable part …