Affordable HousingConstructionDevelopmentMultifamily

Construction Begins on 61 Affordable Homes in Cole Neighborhood

Denver’s Department of Housing Stability (HOST) recently joined with Mile High Ministries to celebrate the groundbreaking of a new 61-unit affordable apartment community, Clara Brown Commons. The project represents the first phase of redevelopment of an entire city block for affordable housing, which at full buildout will include rental and …

Affordable HousingArchitectureConstructionDevelopmentMultifamilyWorkforce Housing

MGL Partners to Develop Attainable Housing Near Anshutz Medical Campus

MGL Partners (MGL), a Denver-based multifamily, senior, workforce and affordable housing developer, is set to develop a new multifamily community with its equity partner Hartford Investment Management Company (HIMCO) on the southwest corner of E. 13th Ave. and Peoria St. in Aurora. Designed by Santulan Architecture, the new community will offer studio, 1-, …

Affordable HousingSustainabilityTransit

National, Local Leaders Visit DHA’s Mariposa Neighborhood in Denver

On Thursday, Feb.24, Secretary Buttigieg, Senator Bennet, Senator Hickenlooper, Representative Perlmutter, Governor Polis, Mayor Hancock, delegation members, community advocates, residents, David Nisivoccia, CEO of Denver Housing Authority, and other city leaders, participated in a conversation with transportation advocates and residents at the Mariposa Housing District owned by Denver Housing Authority. …

Affordable HousingConstructionDevelopmentHospitalityMultifamily

Hotel Elegante in Colorado Springs to be Redeveloped

To meet the extraordinary demand for multifamily housing in south Colorado Springs, Austin, TX-based Shir Capital has acquired Hotel Elegante, a 496-key hotel located at 2886 S. Circle Drive in Colorado Springs. The new ownership is now embarking on a phased renovation of common areas as well as the conversion …

Affordable HousingArchitectureConstructionDevelopmentMultifamilyTransit

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‘ …

Affordable HousingConstructionDevelopmentSenior Housing

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 HousingArchitectureConstructionDevelopmentMultifamilyRenovation

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 & …

Affordable HousingDevelopmentMultifamily

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 …

Affordable HousingBrokerageMultifamily

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 …

Affordable HousingConstructionDevelopmentMultifamily

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 …