Forest City Stapleton Inc. has broken ground on Spruce Townhomes at
Stapleton.
The 18-unit quality, affordable-housing development is being built by the
Northeast Denver Housing Center and will provide homeownership opportunities to households making less than 80 percent of Denver's area median income.
"Northeast Denver Housing Center has a proven track record of providing high-quality housing for a range of household incomes," says John Lehigh, president of Forest City Stapleton Inc. "Forest City’s collaboration with NEDH to bring the Spruce Townhomes to Stapleton is our most recent effort to provide affordable home ownership opportunities for families wishing to live in one of Denver’s newest and most desirable neighborhoods."
The majority of the townhomes range in price from $160,000 to $198,000 and will serve a diverse group of buyers with a family-friendly building product and floor plans.
Founded in 1982, the Northeast Denver Housing Center's mission is to create sustainable, healthy housing opportunities for underserved households through outreach, education and housing development.
Based in Cleveland, Ohio, Forest City Enterprises Inc. is a national real estate company with $10.6 billion in assets. The company owns, develops, manages and buys commercial and residential real estate throughout the United States.
Contact Confluence Denver Development News Editor Margaret Jackson with tips and leads for future stories at margaret@confluence-denver.com.
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