The Denver Housing Authority wants to ground lease a property it owns in Lincoln Park to a firm that will redevelop the site.
The agency issued a request for qualifications this week seeking a “development partner” that will build supportive or income-restricted housing units at 901 Navajo St.
DHA purchased the 1.4-acre site, currently home to a vacant industrial building, in October 2020 for $3.2 million. Last year, at DHA’s request, the City Council rezoned the site for up to eight stories.
The site is near RTD’s 10th and Osage rail station, and within what DHA calls the Mariposa District, a cluster of new buildings developed by the housing authority and others that have turned the area from public housing to mixed-income housing.
The agency is seeking a developer — as opposed to developing the site itself — because the land was acquired with funds from its DHA Delivers for Denver Program, according to DHA spokeswoman Keo Frazier.
“A requirement of the D3 Program is that DHA partner with other developers, who will build, own and operate the housing,” Frazier said. “We are seeking a partner in order to fulfill the goals of the D3 Program.”
DHA said in the RFQ that it wants to strike a 99-year ground lease, at $100 per year, for the 901 Navajo lot. It said respondents must set aside at least 40 percent of the total proposed housing units as “supportive housing for very low-income residents who have experienced homelessness” or as income-restricted housing for those earning up to 30 percent of the area median income.
Submissions are due Nov. 4.
DHA also owns a property to the north of 901 Navajo. It said in the RFQ that it is under contract to sell that site to Denver-based developer Prime West.
The Denver Housing Authority wants to ground lease a property it owns in Lincoln Park to a firm that will redevelop the site.
The agency issued a request for qualifications this week seeking a “development partner” that will build supportive or income-restricted housing units at 901 Navajo St.
DHA purchased the 1.4-acre site, currently home to a vacant industrial building, in October 2020 for $3.2 million. Last year, at DHA’s request, the City Council rezoned the site for up to eight stories.
The site is near RTD’s 10th and Osage rail station, and within what DHA calls the Mariposa District, a cluster of new buildings developed by the housing authority and others that have turned the area from public housing to mixed-income housing.
The agency is seeking a developer — as opposed to developing the site itself — because the land was acquired with funds from its DHA Delivers for Denver Program, according to DHA spokeswoman Keo Frazier.
“A requirement of the D3 Program is that DHA partner with other developers, who will build, own and operate the housing,” Frazier said. “We are seeking a partner in order to fulfill the goals of the D3 Program.”
DHA said in the RFQ that it wants to strike a 99-year ground lease, at $100 per year, for the 901 Navajo lot. It said respondents must set aside at least 40 percent of the total proposed housing units as “supportive housing for very low-income residents who have experienced homelessness” or as income-restricted housing for those earning up to 30 percent of the area median income.
Submissions are due Nov. 4.
DHA also owns a property to the north of 901 Navajo. It said in the RFQ that it is under contract to sell that site to Denver-based developer Prime West.