Real Estate & Construction  October 4, 2022

City selects developer to build income-restricted apartments on Globeville site

This article first appeared on BusinessDen.com, a BizWest news partner.

Denver has selected a developer to build income-restricted apartments on a Globeville site that the city purchased in 2019.

Globeville Redevelopment Partners has been tapped to build at least 170 units at 4995 Washington St., the city’s Department of Housing Stability announced in September.

Globeville Redevelopment Partners is made up of Evergreen Real Estate Group, Rocky Mountain Communities and the GES Coalition, according to the city. The group will strike a 99-year ground lease for the property, provided the deal is approved by the City Council.

The apartments will be reserved for those making…

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