Permanent Large Scale and Deep Affordability Achievement in Elyria-Swansea Neighborhood
Columbia Ventures has created a new, landmark community in the Elyria-Swansea neighborhood of Denver that’s under dramatic displacement pressure due to rising prices. Featuring 150 units of quality housing with a significant medical clinic and ancillary retail, the development is a permanent commitment to workforce and affordable housing.
“We’ve now carved out the first phase of this community just steps from the 48th & Brighton National Western Center Station RTD station,” said Columbia Ventures’ Managing Partner Dillon Baynes. “And it delivers—half of the apartments are targeted at teacher and first responder incomes (80% of area median income), and half target incomes at the 30% and 50% of area median income levels. This is real affordability.”
Viña Apartments offers units ranging from studios to three bedrooms with a suite of modern amenities.
“The City and County of Denver is proud to partner to deliver affordable housing, enabling households of all income levels to benefit from mass transit for generations to come,” said Britta Fisher, executive director of Denver’s Department of Housing Stability.