Boulder housing agency will redevelop GSA property for affordable housing

BOULDER — Boulder Housing Partners plans to redevelop a 4.35-acre site in Boulder to create a 115-unit affordable-housing apartment complex.
The site at 3300 Penrose Place is the headquarters for the Geological Society of America, which is adjacent to Foothills Parkway and 34th Street. The GSA will lease back the facility for up to two years and in the meantime is looking for another location.
The GSA headquarters is in an architecturally notable building that will be retained in the redevelopment, BHP said in a press statement.
“This is the kind of opportunity we especially enjoy being a part of for our community,” Jeremy Durham, executive director of BHP, said in the statement. “We’ll build these 115 homes to be affordable, sustainable, and beautifully designed for residents, all while giving an existing community asset new life as the focal point of the development’s design.”
BHP said that it plans to renovate and repurpose an existing building at the former Mount Calvary Lutheran Church, 3485 Stanford Court, along with construction of new affordable homes.
The homes at Penrose Place will be permanently affordable, according to the plan, and include a mix of one, two and three bedrooms. The site plan includes a green space between the new apartments and the former GSA building.
The GSA building is 10,000 square feet and was built in 1970 in the modern Brutalist style, known for architecturally beautiful monolithic concrete structures. BHP will seek landmark designation for the building. Office space in the building will be converted to housing.
Construction is projected to start in 2025.
BOULDER — Boulder Housing Partners plans to redevelop a 4.35-acre site in Boulder to create a 115-unit affordable-housing apartment complex.
The site at 3300 Penrose Place is the headquarters for the Geological Society of America, which is adjacent to Foothills Parkway and 34th Street. The GSA will lease back the facility for up to two years and in the meantime is looking for another location.
The GSA headquarters is in an architecturally notable building that will be retained in the redevelopment, BHP said in a press statement.
“This is the kind of opportunity we especially enjoy being a part of for our community,”…
Start your subscription to BizWest, The Business Journal of the Boulder Valley and Northern Colorado, TODAY!
Online access PLUS print versions of all Bizwest publications
One month subscription includes:
- 1-month online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-month subscription to BizWest & all of the publications in print version.
- 1-year access to daily email newsletter & breaking news alerts.
Online access for one year.
One month subscription includes:
- 1-month online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-year access to daily email newsletter & breaking news alerts.
Online and print versions of all Bizwest publications PLUS premium access to BizWest Datastore for one year.
One year subscription includes:
- 1-year online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-year subscription to BizWest & all of the publications in print version.
- 1-year premium online access to unlimited downloads from the BizWest Datastore!
- 1-year premium online access to the Breaking Ground website!
- 1-year access to daily email newsletter & breaking news alerts.
Premium access to the BreakingGround site plus online and print versions of all BizWest publications.
One year subscription includes:
- 1-year online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-year subscription to BizWest & all of the publications in print version.
- 1-year premium online access to the Breaking Ground website!
- 1-year access to daily email newsletter & breaking news alerts.
Premium access to the BreakingGround site plus online and print versions of all BizWest publications.
One month subscription includes:
- 1-year premium online access to the Breaking Ground website!
- 1-month online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-month subscription to BizWest & all of the publications in print version.
- 1-year access to daily email newsletter & breaking news alerts.