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Arvada staff propose ground‑lease workforce housing on Marshall Street parcel; council asks to pause pending homeless plan
Summary
City staff proposed using the city‑owned Marshall Street site for a ground‑lease workforce housing project (estimated 100–150 units) targeting households in the workforce income band. Staff recommended a capitalized ground lease and competitive RFP; council expressed interest but asked to hold action until the city’s homeless strategy is settled.
Sam (City staff, Housing team) presented a proposal to explore workforce housing on a city‑owned parcel on Marshall Street that the city has held since 2021. The staff recommendation would use the parcel as part of a land‑banking strategy: the city would retain ownership of the land and enter a long‑term capitalized ground lease with a developer that would design, build, own and operate improvements on the site.
Nut graf: Staff framed the plan as one way to leverage publicly owned land to produce housing targeted to workforce households (staff described workforce housing as generally affordable to households earning in the workforce band under program definitions). The proposal outlined a menu of city roles — discounted long‑term ground lease, prioritized design review, assistance with community outreach, and potential loans or grant…
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