Infill Housing Development: Denver, Colorado (2007)

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  • Infill Housing Development: Denver, Colorado (2007)

    1. 1. Infill Housing Development: Denver, Colorado Nomi Yonyoff
    2. 3. Denver’s Population Demographics Source: US Census Bureau , 2006
    3. 5. median home price $230,000 (need a $65,000 salary) starting Teacher salary $33,000 starting Firefighter salary $37,000 starting Police Officer salary $41,000 February, 2006
    4. 6. Denver’s Inclusionary Zoning Ordinance
    5. 7. Denver’s Inclusionary Zoning Applications for building permits must include a Moderately Priced Dwelling Unit (MPDU) plan otherwise they will not be approved by the City and County of Denver Community Planning and Development Agency
    6. 8. Who does this apply to? All new developments as well as existing buildings that are being substantially rehabilitated or remodeled
    7. 9. Do small developments need to adhere to the law? Developments with a total of 30 or more units are required to provide 10% MPDUs, which are affordable to households earning no more than 80% of the median income
    8. 10. Are there Guidelines for the units? Units must be indistinguishable from market- rate units. Depending on the size of the development they must be dispersed in two or more locations throughout the development. In single-family developments MPDUs must have 2 or more bedrooms.
    9. 11. Are there Developer Incentives? Developers receive $5,000 per unit built, (up to 50% of the total units in a development) and $10,000 per unit for households earning no more than 60% median income, up to 50% total units built.
    10. 12. Types of Housing Developments Happening in Denver <ul><li>New </li></ul><ul><li>Infill </li></ul><ul><li>Brownfield </li></ul>
    11. 13. What is Infill Development? <ul><li>It is redevelopment of existing development </li></ul>
    12. 16. Hyatt Convention Center Hotel
    13. 17. Brownfield Development
    14. 18. <ul><li>Brownfields are abandoned, idled or underused industrial and/or commercial properties where expansion or redevelopment is complicated by real or perceived contamination. </li></ul>
    15. 19. 'Former' Gates Rubber Factory 'Future' Metropolitan Gardens Existing Transit Line
    16. 20. Gates Rubber Company Cherokee Denver , LLC Joseph Freed & Associates LLC
    17. 22. Picture supplied by: Joseph Freed and Associates, LLC
    18. 23. Picture supplied by: Joseph Freed and Associates, LLC
    19. 24. Picture supplied by: Joseph Freed and Associates, LLC
    20. 25. <ul><li>Infrastructure Goals for Metropolitan Gardens </li></ul><ul><li>1 million square feet of retail, restaurant and </li></ul><ul><li>entertainment venues </li></ul><ul><li>450,000 square feet of office space </li></ul><ul><li>two hotels </li></ul><ul><li>2,300 residences, including up to 55 housing units </li></ul><ul><li>for artists </li></ul><ul><li>Potential student housing </li></ul><ul><li>1st Phase development slated for 2010 </li></ul>
    21. 26. Project Masterminds <ul><li>City and County of Denver Community Planning and Development Agency </li></ul>
    22. 27. <ul><li>New economic opportunities are being created for developers who are willing to work with the City to create better living situations for all income levels. </li></ul>Developers and the City of Denver did not see eye-to-eye with the newly instated Inclusionary Housing Ordinance,
    23. 28. <ul><li>Thank you for your attention! </li></ul><ul><li>Are there any Questions? </li></ul>Nomi Yonyoff

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