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City partners to transform site into affordable housing hub

September 24, 2024 | Boulder, Boulder County, Colorado


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City partners to transform site into affordable housing hub
The city of Boulder is moving forward with a significant development project on a site purchased in 2015, aimed at modernizing city infrastructure and enhancing community services. The initiative, which has been in the planning stages for nearly four years, is a collaborative effort between the city and Boulder Housing Partners (BHP) to create affordable housing and improve public spaces in the area.

During a recent government meeting, city officials outlined the project's origins, emphasizing the need to address failing infrastructure and the dispersal of city services. The planning process involved extensive community engagement, with over 600 individual contacts and numerous public events leading to the adoption of an area plan by the city council in October 2019. This plan focuses on land use, public realm development, housing, mobility, and environmental sustainability.

BHP's senior development project manager, Ian Swallow, highlighted the project's goal of providing well-designed, affordable housing for families and seniors in a prime location. The development will include 55 units for seniors, 89 family units, 22 townhomes, and 51 market-rate units. The affordable housing will be financed primarily through low-income housing tax credits.

The project is designed to ensure a predictable outcome for the city, with proceeds from market-rate units supporting affordable housing initiatives. The collaborative approach aims to create a vibrant community space while addressing the pressing need for affordable housing in Boulder. The meeting concluded with a presentation from Coburn Architecture, detailing the overall site plan and design elements that will shape the future of this important development.

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