Lakewood project repurposes blighted property

With affordable housing an important issue in the Denver-Metro area, it’s a good thing when more affordable housing units become available.  A vacant, blighted office tower and retail strip mall have been replaced with 152 affordable housing family units. Colorado Real Estate Journal reports:

 

““I am not sure there is any greater impact on a community and on personal lives than taking a blighted, contaminated, vacant, unattractive building and turning it into a vibrant, beautiful space that meets one of the greatest challenges our community, our state, is facing – affordable housing,” Tami Fischer, executive director of Metro West Housing Solutions, proudly declared when asked about the community impact of this affordable housing development. “We took the ‘ugliest building’ in Lakewood and turned it into safe, classy and permanently affordable housing community!”

You can see, hear and feel the excitement and pride of the MWHS staff when discussing and showing off Fifty Eight Hundred.

Fifty Eight Hundred, located logically enough at 5800 W. Alameda Ave. in Lakewood, is the end product of the transformation of a vacant, blighted office tower and former retail strip mall into 152 affordable housing family units. Fifty Eight Hundred is a community with amazing views, walkable shopping nearby, close bus lines and art installations throughout the buildings. Near Lakewood’s Belmar shopping and entertainment district, it is home to studios, one-, two- and three-bedroom apartments serving individuals and families from 30% area median income to 60% AMI.”

Read more from CREJ here.