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Urban Land Conservancy purchased Blake TOD with Denver’s Transit Oriented Development (TOD) Fund in November 2011 for $1.7 million. ULC purchased Blake Street TOD due to it’s proximity to the Blake Street station on RTD’s A Line Commuter Rail. This was our sixth acquisition using the TOD Fund, a fund dedicated towards increasing affordable housing near transit corridors. Following the purchase, ULC stabilized the 1.4 acre property through the demolition of a vacant building and environmental remediation in 2012.
ULC announced our partnership with Medici Consulting Group (MCG) after they were awarded low income housing tax credits in 2017. MCG plans to develop 65 units of affordable housing on the southeast side of the property along 38th and Walnut. Furthermore, planning is underway for the second phase of development, along the 38th and Blake side of the property. Plans will include a mixed-use development of market rate & affordable housing with ground level commercial space.
Written on November 7, 2018 at 8:27 pm
Medici plans to break ground on 66 units of permanently affordable housing at the 38th and Walnut site in early 2019.
Written on February 16, 2018 at 6:02 pm
The height incentive amendment, approved by Denver City Council on Monday, will allow for high rise development up to 16 stories.
ULC and Medici Consulting Group Announce Future Development of Walnut Street Lofts, Bringing Affordability to RiNo Neighborhood
Written on September 25, 2017 at 6:42 pm
ULC recently announced our partnership with Medici Consulting Group (MCG) to develop 65 units of affordable housing in Denver’s RiNo neighborhood. We will be selling development rights to MCG, while maintaining ownership of the land through a 99 year ground lease.
Written on February 17, 2017 at 10:07 pm
Written on March 5, 2014 at 8:47 pm
ULC’s Real Estate Development Committee selected partners Medici Communities / Denver Housing Authority as the developer for this mixed-use project. The development located at the 38th/Blake rail station on the East Line, will include affordable and market rate housing as well as commercial space for office and retail. ULC is thrilled to be working with
Written on July 19, 2012 at 7:54 pm
Great news in the office today as we learned that the U.S. Environmental Protection Agency (EPA) is providing $50,000 in technical assistance to develop innovative green infrastructure options at the Blake TOD site. ULC plans to use EPA resources to assess and integrate design features that will reduce polluted runoff and protect water quality. The integration
Written on April 26, 2012 at 10:12 pm
April 27, 2012 – ULC is moving forward with the first phase of redevelopment of Blake TOD… Demolition! One of two buildings on the site will be taken down today, and removal of the debris should be completed by Tuesday May 1st. The site is less than 1 block from the future FasTracks Blake Street
Written on December 1, 2011 at 7:07 pm
Blake TOD is a 1.4 acre property at 38th Street and Walnut Street. This is the site of the first stop on RTD’s future East Corridor Commuter Line connecting Downtown Union Station to Denver International Airport. This property, which has been vacant for the past year, will be stabilized and eventually developed as a mixed-use