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Denver Celebrates Construction Of 150 New Affordable Apartments In Elyria-Swansea

A City loan, totaling $1.5 million, helped make the land acquisition possible prior to anticipated future market-rate development forces.

Denver officials joined the Urban Land Conservancy (ULC), Columbia Ventures and Clínica Tepeyac today to celebrate the groundbreaking of Viña, a 150-unit income restricted apartment development located at 48th and Race. Viña represents the first phase of an affordable mixed-use development spanning six acres across an entire city block in the Elyria-Swansea neighborhood. In addition to providing affordable housing, the project will include the expansion of local healthcare services by Clínica Tepeyac. …

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Source Denver Patch

ACHP Leadership’s Tour of Union Terminal Warehouse Highlights Florida’s First Use of Opportunity Zone and Historic Tax Credits

JACKSONVILLE, FL – ACHP Chairman Aimee Jorjani and ACHP Vice Chairman Rick Gonzalez today toured the Union Terminal Warehouse project in Jacksonville, Florida, located in one of 21 Duval County-designated Opportunity Zones. Originally constructed in 1913, work is underway to turn the former warehouse into a mix of apartments, commercial space, maker/artist studios, and restaurants.

Joining Chairman Jorjani and Vice-Chairman Gonzalez on the tour were Jacksonville City Councilman Reginald “Reggie” Gaffney, an avid supporter of and advocate for the project; representatives from the developer Columbia Ventures, Jacksonville’s Downtown Investment Authority, and City of Jacksonville’s Historic Preservation department; and Chuck Shealy from Local Initiative Support Corporation, who provided acquisition debt financing and continues to be an advocate for the redevelopment.

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Source Advisory Council on Historic Preservation (ACHP)

Developer seeks to begin selective demolition at Union Terminal Warehouse

Atlanta-based Columbia Ventures plans to restore, convert building into apartments.

Atlanta-based Columbia Ventures LLC applied to the city for selective demolition within the Union Terminal Warehouse at 700 E. Union St. as it plans to convert the structure for mixed uses.

Columbia Ventures intends to convert the structure into apartments through adaptive reuse and a historic tax credit conversion.

Plans say the demolition is for a project that involves the remodeling of the historic Union Terminal Warehouse built in 1913.

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Source JaxDailyRecord.com

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