DENVER— On May 12, 13 employees of Marcus & Millichap’s Denver office, including Regional Manager Bob Kaplan, participated in a volunteer day benefiting Habitat for Humanity, a nonprofit organization that helps families build and improve places to call home.
Sheridan Square will be the largest development in Habitat for Humanity of Metro Denver’s history. Located on a 4.35-acre former elementary school site in Sheridan, Habitat’s plans include the construction of 63 energy-efficient homes. In an effort to create a healthy and desirable neighborhood, Habitat has also partnered with South Suburban Parks and Recreation to design and construct a small public park as part of the development.
With housing costs skyrocketing across metro Denver, Habitat’s mission of building and preserving affordable housing has never been more important. Habitat’s ultimate goal is to help families achieve strength, stability and independence through building and purchasing their own affordable homes.
“Marcus & Millichap Denver feels strongly about helping to develop the community in which we live. Habitat for Humanity’s mission is to bring people together to build homes, communities and hope, which resonates strongly in the hearts of our agents and staff,” said Marketing Coordinator Emma Brnak. “Being able to assist in the building of a home for a local family was a strong way to make an impact in someone else’s life.”
Marcus & Millichap was tasked with building a foundation of a new home in the Sheridan project neighborhood, as well as clearing building sites in order to build more townhomes. While this was the first year they partnered with Habitat for Humanity, they intend on making it a year event.
Community Benefits
- Sheridan Square will create a permanent affordable housing solution for 355 people (130 adults and 225 children).
- Sheridan Square will add 6 percent more owner-occupied housing units to the neighborhood, creating stability in the community.
- Sheridan Square will bring an influx of students to the surrounding schools.
- 63 new Habitat homes will add roughly $77,000 of property taxes to the City of Sheridan every year.
Funding for the project was provided by Wells Fargo Community Foundation, Arapahoe County Housing and Community Development Services, U.S. Department of Housing and Urban Development, and Ed and Roxanne Fie Anderson.
Photos courtesy of Marcus and Millichap
