Two Residential Projects Planned for Lone Tree
Two new residential projects are planned for Lone Tree at the RTD RidgeGate Station Transit Oriented District (TOD) site, including a market rate apartment complex by Regency Residential and RidgeGate and Lone Tree’s first affordable housing project by Koelbel and Company, which was recently awarded low income housing tax credits …
Workforce Housing Project in Eagle County Receives Funding
Spring Creek Village, an affordable housing project in Gypsum, Colorado, has received funding for the next phase of development, a series of apartments primarily developed by Gerry Flynn of Polar Star Properties. Sharing Connexion Inc, a Denver-based nonprofit, provided a $1.75 million bridge loan under their Real Estate Impact Investments program, …
Denver-based General Contractor to Deliver New Attainable Neighborhood in Boulder
As part of their commitment to affordable housing, Thistle, a Boulder based non-profit since 1986, is developing Velo Condos, a new neighborhood of 70 residences conveniently located in the Northeast area of Boulder. Locally owned and operated Denver area general contractor DIRC Homes is excited about this attainable new condo building. The first …
Local Nonprofit Improves Building Efficiency in Weld County
By Emma Laub, marketing coordinator. ICAST In July of 2018, ICAST (the International Center for Appropriate and Sustainable Technology), a local 501(c)(3) nonprofit, was awarded a grant from the Colorado Department of Public Health and Environment (CDPHE) to reduce carbon emissions in Weld County, Colorado. ICAST provides clean energy solutions to multifamily affordable …
Affordable Housing Project to Break Ground in Westminster
Dominium, one of the nation’s largest affordable housing development and management companies, recently closed on the property they have named Heritage at Church Ranch. The property is located at the corner of Church Ranch Road and Wadsworth Boulevard in Westminster. The $62 million development will provide 205 units of high quality affordable senior …
Broomfield Implements Affordable Housing Ordinance
According to the Denver Post, the Broomfield City Council voted 8-1 in March in favor of an affordable housing ordinance that will require developers of residential units to make a cash in-lieu payment, a land-in-lieu contribution or to include affordable units in their projects. Rental development contributions are required to equal …
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 …