A $40 million affordable housing project has opened in Denver’s Westwood neighborhood.
The 197-unit Del Corazon at 4400 Morrison Road is located on 4.5 acres spanning both sides of Morrison Road. All of the apartments will be available to households earning 60 percent or less of the area median income (up to $35,280 for a one-person household or up to $45,360 for a family of three.
Community amenities include a clubhouse with fitness center, lounge, kitchen, patio, playground, futsal court, community plaza and Westwood’s first-ever car-share program provided by Enterprise. The project also features a new median for safe crossing of Morrison Road.
Del Corazon, meaning “from the heart,” was developed by St. Charles Town Co. Public finance partners include the Denver Office of Economic Development, Colorado Department of Local Affairs and the Colorado Housing and Finance Authority.
Last year, Denver’s Community Planning and Development Office completed a neighborhood plan for Westwood, which is bounded by Sheridan Boulevard on the west, Federal Boulevard on the east, Alameda Avenue on the north and Mississippi Avenue on the south. The plan addresses the neighborhood’s isolation and food options, while celebrating the culture of the diverse community. The plan includes a health impact assessment from the Department of Environmental Health and addresses the neighborhood’s obesity rate, density and drainage issues and lack of recreation facilities.
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Margaret is a veteran Denver real estate reporter and can be contacted
here.