Tony Pickett of Denver's
Urban Land Conservancy recently spoke about affordability and equity in Portland.
Excerpt:
The Urban Land Conservancy, where Pickett has worked since 2013, has even more opportunity to create affordability in the Mile-High City. Started with a $15 million seed fund, the organization has grown over time to invest $70 million in 28 projects, generating over $400 million in redevelopment.
One of the conservancy's advantages has been the ability to move quickly to purchase prime sites as Denver undergoes a multi-billion dollar expansion of its rail transit system.
Pickett shared the example of the conservancy's Park Hill Village West development, on Denver's new A-Line commuter rail connecting downtown to Denver International Airport. Urban Land Conservancy purchased the site close to a planned station in a historically black neighborhood to create permanently affordable housing with easy access to the region's growing transit network. The development opened at about the same time as the rail line.
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