Yesterday, July 14th, Northeast Denver Housing held a grand opening event to welcome new residents to the Central Park Urban Living Condos, the first 100% affordable condominium project developed in Colorado since the State’s condominium legislation was passed. The 132 unit transit oriented condo project developed by Northeast Denver Housing Center, gives households in Denver the rare opportunity to own high-quality, affordable condominium housing in the highly desirable Central Park community. Sales prices range from $139,500 to $169,500, serving households at 60% to 80% of Denver’s area median income as part of Denver’s Affordable Homeownership Program. All 132 units are under contract, with a waitlist of 100 households.
Central Park Urban Living Condominiums was made possible through the efforts of Brookfield Properties, who generously donated the land, in collaboration with the non-profit developer Northeast Denver Housing Center, Cuningham Group Architecture, Palace Construction, First Bank, Denver’s Department of Housing Stability, and the state of Colorado. Central Park Urban Living Condominiums is setting the standard for high quality, affordable condominium living in Colorado.
About Central Park Urban Living Condos:
This remarkable opportunity to own in the heart of Denver’s Central Park community is located just minutes from the Central Park light rail station and over 13,000 sf of commercial services and retail currently under construction. The building is designed to be affordable for the homeowners and HOA to operate and maintain. Each unit contains 9’ ceilings and large windows allowing natural light to reach all parts of the units, enhancing daylighting and views while decreasing energy cost and usage. All of the units have private patios, metal balconies, or Juliet balconies. The building exterior is made of brick and metal, long lasting, durable materials. The condos also have secured limited access entry with private entrances located on eleven interior stairwells with access to twelve units per stairwell. Since the condos are not located on long double-loaded corridors, cooking odor and noise issues will be minimized, along with reduced common area energy usage. An indoor/outdoor community club room is located on the northwest corner of the building for residents to utilize as a gathering space for social activities and rest.
About Northeast Denver Housing Center:
(NDHC) is a forty-year-old non-profit community development corporation experienced in the design and construction of quality affordable housing. Organized in 1982 to serve the Denver metro community, NDHC’s mission is to create sustainable, healthy housing and development opportunities for underserved households through outreach, education and economic development programs and projects. NDHC leads locally and nationally with a long record of success in developing energy efficient and sustainable award-winning affordable housing.