This morning we joined Medici Communities developers at Santa Fe and Evans to celebrate the beginning of construction of the Evans Station Lofts. It’s a new affordable housing development that’s going to feature 50 apartments and 7,000 sq feet of retail space right next to the lightrail’s Evans Station.
About 60 or so people joined us and stood on the site where construction has already begun and listened to some distinguished speakers shout over the construction and trains about the significance of this project.
Councilman Chris Nevitt was there with his thoughts, “This is really one more shining example of the value of Denver’s investment in our transit system. The neighborhood took a leap of faith in supporting higher density here at the station and here we are, really cooking with gas now.”
Evans Station Lofts represents the first property acquired with Denver’s Transit-Oriented Development Fund that is under construction to create new affordable housing near transit.
Shelley Marquez spoke about how not only is Evans Station Lofts a critical development at transit, but contributes to the larger goal of providing housing and services at transit on a regional basis. Having access to basic needs like housing, education, jobs and health is something every resident of the metro area deserves.
A big thanks goes out to all the TOD Fund investors who made this project possible: ULC, Enterprise Community Partners, City and County of Denver, MacArthur Foundation, Colorado Housing and Finance Authority, Mile High Community Loan Fund, Rose Community Foundation, First Bank, U.S. Bank and Wells Fargo.
And thanks to everyone who attended this celebration, including ULC’s founding member Mr. Sam Gary, whose vision of preserving urban real estate for community benefit was realized today.
If you’d like to learn more about this project or the Transit-Oriented Development Fund check this out.