Construction Reporter

  • Home
  • Services
  • Free Trial
  • Magazine
  • Become a Member
  • Reprographics (NEW)
  • Magazine Store
  • Advertising
  • Services
  • General Contractors
  • Subcontractors
  • News
  • Contact
  • FAQs
  • About
  • Affiliate Members
  • Webinar Sign-Up
  • Home
  • Services
  • Free Trial
  • Magazine
  • Become a Member
  • Reprographics (NEW)
  • Magazine Store
  • Advertising
  • Services
  • General Contractors
  • Subcontractors
  • News
  • Contact
  • FAQs
  • About
  • Affiliate Members
  • Webinar Sign-Up
Construction News

New Mixed-Use Project Is Result of Complicated Deal in Denver

1/11/2018

0 Comments

 
Picture
More than 400 new housing units at two different sites will be built on the southeast side of Denver, with a large percentage set aside for seniors and mixed-income tenants.
The ambitious project is the result of the City of Denver’s move to acquire the two properties that belong to the Colorado Department of Transportation.
When that department announced plans to move their facilities elsewhere, Denver jump-started a complicated and protracted process of purchasing the properties for a combined $19 million.
In turn, the city has agreed to sell those lands to the Kentro Group, a Denver real estate development firm, which will turn the sites into primarily residential properties.
According to a City of Denver Department of Finance report, the two projects will ensure that “future use and development is contextual and compatible” with the neighborhoods surrounding the site.
The 11-acre site at 2000 S. Holly Street will see the construction of around 225 units, with 80 units geared for seniors.
The 12-acre site at 4201 E. Arkansas Avenue will be the home to at least 150 units, with rents calibrated at 60 percent of the area median income.
An exact timetable for work on the two properties has not yet been announced.   
​

0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Get stories like these right to your inbox. Sign up for our newsletter

    Subscribe

    Archives

    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017

    Categories

    All

Home
PLANS & PRICING
Free Trial
magazine​
become a member
reprographics (new)
magazine store
FAQs
CONTACT
​ABOUT

​Construction Reporter
​
4901 Mcleod Rd NE STE 200A
Albuquerque NM 87109


​Phone: (505)-243-9793
Toll Free: (877)-292-5793
​Fax: (505)-242-4758



Timely, reliable news since 1949


Copyright © 2020 Construction Reporter
User Agreement   Privacy Policy   Archive Policy