Affordable Housing

Affordable Housing Bill Passes House Finance Committee

View here On Monday, a bipartisan bill that extends a program that gives tax credits to developers for building affordable housing units, passed the House Finance Committee with a vote of 10-3. The bill will next need to be approved by the House Appropriations Committee. According to CHFA, the program has helped create more …

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Affordable HousingArchitectureConstructionDevelopmentMultifamily

Palace Construction Selected for Affordable Housing Development in Boulder

BOULDER — Boulder Housing Partner (BHP), the Housing Authority for the City of Boulder has selected General Contractor Palace Construction, to construct their latest affordable housing development, Red Oak Park II. Boulder-based Coburn Architecture will work with Palace Construction to expand Boulder’s existing Red Oak Park community. The multifamily residential development will produce roughly 40 affordable housing units for …

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Affordable HousingArchitectureConstructionDevelopmentMultifamilyOfficeRetailTransit

The Lydian Apartments in Five Points Begin Leasing

DENVER – Leasing efforts are officially underway for The Lydian, an eight-story mixed-use development at 26th and Welton, in downtown Denver’s historic Five Points neighborhood at 2590 Welton Street.  The leasing office will be located in The Wheatley apartment building at 530 25th Street, as construction continues on the $50 million project that will include …

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Affordable HousingArchitectureConstructionDevelopment

$12.9M Affordable Housing Project to Break Ground in Aurora

AURORA – Housing nonprofit Brothers Redevelopment Inc., will break ground on Wednesday, March 21, on Paris Family Apartments, a 39-unit apartment community for families at 1702 Paris St. The $12.9 million project fulfills a longtime goal of the City of Aurora’s comprehensive plan for affordable family housing. Paris Family Apartments is designed to …

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Downtown Denver
Affordable Housing

Lack of Affordable Housing Tops List of Concerns for Denverites

DENVER — A public opinion poll conducted last month on behalf of All In Denver, a non-profit public advocacy organization that focuses on urban sustainability issues reveals that Denver’s high-cost housing market is the most pressing local concern, and that voters are supportive of increasing local funding for solutions to the housing …

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Affordable HousingArchitectureConstructionDesignDevelopmentMultifamily

Affordable Lowry Apartments Top Out

DENVER – Pinkard Construction Company held a topping out ceremony last week for the 68,217-square-foot Lowry Apartments, a four-story mixed-income development,  at Lowry’s Boulevard One community. The Lowry project is currently transitioning from the structural phase to the finishes phase, with utilities, foundations, masonry cores, structural steel and structural framing complete. Mechanical, electrical, …

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Affordable HousingBrokerageMultifamily

188-Unit Affordable Housing Property in Denver Sells for $31.2 Million

DENVER – Greystone Real Estate Advisors group closed the sale of Juanita Nolasco Apartments, a 188-unit affordable housing community in Denver. Greystone’s Aaron Hargrove‍ and Eric Taylor‍ represented the seller, a limited liability entity, in the sale to Jonathan Rose Companies, for $31,250,000. Juanita Nolasco Apartments, built in 1972 and …

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Affordable HousingCondominiumConstruction

The Coloradan in Union Station Tops Out

DENVER – East West Partners, a Denver-based developer devoted to building, selling, and managing high-quality real estate, and its partner Ascentris, a Denver-based real estate private equity firm, announced today that The Coloradan has topped out and is on schedule for completion in Q4 2018. The Coloradan is a 334-unit condominium property located directly behind Denver’s Union …

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Historic Building in SoBo to Become Affordable Housing

By Katie Rapone The continuously developing South Broadway/Baker neighborhood in Denver is thriving but like in other parts of the city, a lack of affordable housing is forcing much of the areas workforce to commute far distances. Zocalo Community Development, a Denver-based, next-generation real estate company that joins social purpose with …

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Affordable HousingDevelopmentMultifamilyOfficeTransit

Denver City Council Approves New Rezoning Plan for RiNo

View here On Jan. 2, the Denver City Council’s Land Use, Transportation and Infrastructure Committee approved a new plan that aims to help promote better design, support transit and ensure that new development benefits the community of RiNo. The plan approves an official legislative map amendment to rezone properties generally located …

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