Transit-Oriented Apartment Project Tops Out in RiNo
Mica RiNo, a new apartment community that will bring 397 luxury for-rent residences to RiNo, has topped out. Overlooking Mission Ballroom, a top concert destination in the community, the building will also include a limited number of affordable units. The midrise project is the fourth joint venture between Hines and the Cresset Partners‘ …
Taylor Kohrs Completes Construction of Affordable Senior Housing Project in Colorado Springs
Taylor Kohrs, a Colorado-based general contractor for nearly 40 years, recently completed construction of a 54-unit, senior affordable housing complex in Colorado Springs: The Atrium at Austin Bluffs. The 49,000-square-foot facility consists of a mix of one-and two-bedroom units in a three-story building with integrated amenity spaces and parking. The …
Affordable Housing Project Opens in Adams County
After breaking ground two years ago at the height of the pandemic, Maiker Housing Partners has announced the opening of Caraway, a new multi-family, mixed-income, affordable housing project in unincorporated Adams County that will serve households making between 30 and 70 percent of the area median income. Van Tilburg, Banvard & …
City to Require New Residential Developments of 10 or More Units to Designate Between 8% and 12% of Units as Affordable
To combat Denver’s increasing shortage of affordable housing, Denver Community Planning and Development and the Department of Housing Stability have released a final draft of proposed affordable housing requirements for the city, that will. ensure that new-built residential projects include more affordable units. “Anyone who has been in Denver for …
Hotel in Colorado Springs to be Converted into Affordable Housing
Texas investors SHIR Capital has purchased The Hotel Eleganté in Colorado Springs for $25 million. According to Capital Property Group, the brokerage firm that closed the sale, the 496-room hotel is among the largest in Colorado. SHIR will convert the hotel into affordable housing for entry-level workers. Capital Property Group Investment Advisor Bryan Rodriguez …
Denver Housing Authority Outlines Plan to Add 1,300 Units through Housing Initiative
Denver Housing Authority announced its 2022 priorities which include delivering thousands of new housing options in the city. Efforts include continuing towards adding 1,300 units through the DHA Delivers for Denver (D3) housing initiative; continuing efforts on the Sun Valley revitalization through the Choice Neighborhoods Initiative adding more than 900 new housing …
Affordable Senior Housing Project Breaks Ground
The Housing Authority of the City of Aurora (AHA) has begun the construction of Liberty View at Fitzsimons on a 2.3-acre site located next to the Veterans Community Living Center at Fitzsimons. The $20 million tax credit financed deal has been in the works for more than a decade and will …
Farmland by Westminster Castle to be Redeveloped
According to Westword, on December 21, Westminster City Council approved a proposal to develop 233 acres, formally known as Uplands, into a mixed-use neighborhood in Westminster. Oread Capital & Development — that acquires, develops, and operates best-in-class residential and mixed-use communities, primarily in the Denver and Boulder market areas — plans to build …
Denver Housing Authority Awards Land to Warren Village in Southwest Denver
Warren Village, a Denver-based organization focused on providing housing and helping low-income, single-parent families make the journey from poverty to self-sufficiency, plans to expand program services to a third facility on newly acquired land awarded through a highly competitive process managed by The Denver Housing Authority (DHA) and the City and County of …
Aurora Housing Authority Awarded Tax Credits for Affordable, Transit-Oriented Housing
The Colorado Housing and Finance Authority (CHFA) awarded the Housing Authority of the City of Aurora (AHA) $970,004 in state Low-Income Housing Tax Credits (LIHTC) to build the second phase of Peoria Crossing. The state tax credits, combined with federal low-income housing tax credits, will provide approximately 50 percent of …