December 2014 Update
ULC Nationally Recognized for Transit Oriented Development Work in The Atlantic
A new 2014 economic impact study was released this week by Housing Colorado and Home Builders Association of Metro Denver, demonstrating the economic importance of constructing affordable housing in Colorado. This study is the third economic impact study following the 2010 and 2012 reports, and further defines the need for more housing in diverse price ranges while showing a current gap of over 100,000 affordable rental homes in the State.
Del Norte’s new 80 unit permanently affordable Avondale Apartments (see below) at ULC’s Mile High Vista site adds $7.1 million to the economy, 100 jobs and $650,000 in taxes and fees during the construction phase. In 10 years of operation, Avondale Apartments will add $28 million to the economy, $3 million in taxes and fees and 25 permanent jobs. This development is only one example of how affordable housing makes a great economic impact in Metro Denver.
It’s Time for a Demo Party – Join ULC and Partners in the First Step of Constructing a New School!
Urban Land Conservancy has grown substantially in the last 6 months, and we recently hired two new staff members to help support our growing real estate portfolio. Sarah Harman, Senior Associate, will be working on the Real Estate Development team and Rebecca Landau, Property Manager, will be working on the Asset Management team.
We are thrilled to have them on board as they bring incredible skills and experience to ULC!
Read more about Sarah and Rebecca on ULC’s staff page.