Kappa Tower II Breaks Ground
Alliance Construction Solutions held a ceremonial groundbreaking on Friday, Feb. 28, to commemorate the start of the long-awaited Kappa Tower II project. Located east of Park Hill in the Northfield neighborhood of Denver, Kappa Tower II will provide 70 units of affordable housing for seniors. The project is being led by the Denver Alumni Chapter of Kappa …
Renovation of Historic Denver Apartment Hotel Underway
By Kevin Villegas, digital marketing manager for Encore Electric They say history is written by the victors. If that’s the case, then the remodel of the Colburn Hotel, and a rededication to its mission to provide affordable housing, is a big win for the Colburn Hotel residents and for Denver. Originally built …
Site within a Denver Opportunity Zone Sells to Affordable Housing Developer
Denver-based non-profit Brothers Redevelopment Inc. has purchased a 0.25 acre parcel of land at 4401 Josephine St, located in Denver’s Elyria-Swansea neighborhood, for $720,000. Brothers plans to develop affordable housing in the rapidly redeveloping neighborhood. 4401 Josephine St is a parcel of land zoned U-RH-3A within an opportunity zone. The property is …
Construction of $55M Workforce Housing Community Begins in Westminster
Denver-based St. Charles Town Company, LLC has closed on financing to construct St. Mark Village, a 216-unit workforce housing community on 97th Avenue and Federal Boulevard in the City of Westminster. The community will replace a vacant lot that is adjacent to the long-serving and much beloved Wishbone Restaurant. Construction has …
Q&A with Dontae Latson, CEO of Rocky Mountain Communities
Dontae Latson joined Rocky Mountain Communities (RMC) as the chief executive officer in July 2019. Dontae is a servant leader with more than 20 years of experience and 15 years as an executive leader in the human services arena. Founded in 1992, RMC owns and operates 1,032 affordable apartments throughout Colorado, …
Denver City Council Approves Two Affordable Housing Projects
The Denver City Council recently approved a pair of affordable housing contracts that will help establish 204 income-restricted homes for low and moderate-income households in the Lincoln Park and Capitol Hill neighborhoods. Loans totaling $5,175,000 have been approved for the La Tela and Olin Apartments projects, which will support affordable …
Affordable Housing in Vail Valley Begins Construction
Modular builder Nashua Builders recently began construction on the first phase of Spring Creek Apartments, an affordable housing development being built in Gypsum, Colo., 25 miles west of Vail. Edwards-based Polar Star Development, doing business as Spring Creek Apartment LLC, is the developer and management company for the project. This first …
Affordable, Net-Zero Townhomes Planned for Westminster
Urban Land Conservancy (ULC) is finalizing plans for a 58 home development that includes market-rate and affordable for-sale townhomes in a mixed-income community. To ensure permanent affordability, the land will be held in a 99-year community land trust in partnership with ULC’s affiliate, Elevation Community Land Trust (ECLT), ensuring the …
Urban Land Conservancy Secures Land for Affordable Housing in Westminster
The Urban Land Conservancy (ULC), a Denver-based real estate nonprofit, has completed the purchase of two adjacent properties totaling 5.5 acres at the Westminster Station. These acquisitions are known as the Westminster Station Transit Oriented Development, and were acquired using the Metro Denver Impact Facility (MDIF). The site is located …
Pinkard Construction Awarded Phase Two of the Edge Residential Community in Loveland
The Loveland Housing Authority (LHA) has selected Pinkard Construction Company as construction manager/general contractor to continue construction on phase two of the Edge Apartment Community in Loveland. Pinkard will work with OZ Architecture to construct the 68,000-square-foot complex. It will consist of 69 units in four three-story walk-up buildings as well as a …