Tag Archives: housing

Total Rebuild for Arapahoe Ridge’s Eastpoint Apartment Complex

The Arapahoe Ridge area will see big changes to the familiar Eastpoint complex at Arapahoe and Eisenhower in the near future. The buildings in the complex are about 43 years old—too outdated to refurbish. Developers plan to completely replace the complex with innovative buildings, underground parking, and more open green space. Construction should be finished by spring 2019.

Eastpoint Apartments

Buildings

The Eastpoint plan calls for a high density, multi-family residential complex of middle income housing. There will be 5 buildings instead of  the current 8. The new 3-story buildings will increase total apartments from 140 to 226. More affordable housing is a benefit to Boulder because it will allow more families to live in  Arapahoe Ridge. This is an area of Boulder where job opportunities are expanding.

The innovative, modern buildings all have flat roofs. About three-quarters of the roof surface will be covered with plants. The remaining quarter could be used for solar energy in the future.

Residents will enjoy a fitness center with a climbing wall, an indoor/outdoor pool, yoga room, and lounges. Add to that a dog park, and a network of bike- and pedestrian-friendly multi-use pathways.

Parking Underground Means More Open Space

Once rebuilt, Eastpoint will have about 30 percent more open space. This means about 6 acres on the 7-acre site will be open with no buildings.

Much of the gain in open space is because of the underground parking. All parking is under the buildings, except for 7 visitor spaces, which will greatly reduce the amount of paved areas. The underground garage has a large area for storing bikes. The top of the garage will be planted with a Zen Garden.

Open Space at Eastpoint
More Open Space in New Eastpoint Design

Underground parking is certainly more attractive, since it reduces paving and hides cars. However, the downside is that it allows has more parking spaces onsite. That will mean more cars and people on the road at Arapahoe and Eisenhower, especially during peak traffic times.

Modernization and a green plan for the Arapahoe Ridge Eastpoint Apartments will bring more affordable housing to the area. But that also means more people and cars on the move in a sensitive area. The next article talks a bit more about traffic management and transportation choices for this development.

Denver News: Clear Creek Crossing Development

Ever since 2011, there has been an 80-acre site in Wheat Ridge that has gone unused.  It was originally to be the home of a 185,000 square foot Cabela’s store and showroom, but the retailer backed out of their decision to go forward building on that space.  For five years the land went unused until it was picked up by a Phoenix based real estate group called Evergreen Devco who are very excited about contributing to the area.

“It’s very well-located real estate being at the intersection of the two highways, and we love the visibility and access.  It’s an important piece of property for the city, and we want it to be sustainable for the community long-term,” said Evergreen’s Tyler Carlson.

Evergreen held a community meeting at the end of 2016 where they announced their tentative plans for the space, which was to be used for residential units, an office complex, and a Super Walmart.  Since then, Evergreen and the city have shared that Walmart may no longer be part of the plan.

Wheatridge’s city manager Goff said that “the biggest (change) is that Walmart is uncertain about whether they will be apart of the development now.  It’s just part of the current retail market.  The internet is taking over. Amazon is taking over.”  With that in mind, the city is looking for alternatives in case Walmart doesn’t come through.

Another change is in the amount of space intended for office and housing space.  Originally, 10 acres were to be used for housing and 30 for offices.  However, the revised plan now has 15 acres for housing and 25 for an office complex owned by a Denver area employer.

Construction is set to begin in the fall of this year, starting with “hook ramps” being built onto I-70, with buildings going up in 2018.  All that’s left is for the new plan to be approved by City Council and the city’s planning commission.

“It’s really not changing all that much from what we thought it was going to look like,” Goff said. “We’re excited it’s getting much closer to the finish line than it has been in a long time.”

Boulder News: Boulder Plot Approved for Development

During the last 20 years there have been four separate proposals for development at the 20 acre space at McKenzie Junction.  This plot, surrounded by highway, first had an office and hotel project in 1998, a five building office park in 2000, and two separate multi-use plans in 2006 and 2015.  None were approved due to concerns about noise and the dangers of people settling in a space cut off by highways on all sides.

In April, a plan was approved by the Boulder Planning Board.  The same team who made the most recent proposal in 2015 came back with a new multi-use plan.

Called Diagonal Crossing, this plan will consist of 357 housing units, a quarter of which will be affordable housing, with 20 units given to faculty of Naropa University.  Additionally, three local nonprofits, Meals on Wheels, Studio Arts Boulder and Bridge House’s Ready to Work, have dedicated space allocated to them.

While the Planning Board has given its blessing, the city council must now approve to proceed.  During the next few weeks the council will have the opportunity to examine the proposal, ask questions, and possibly reject the project because previous concerns including, traffic, noise, are still factors.

The Planning Board raised these concerns when reviewing the project as well, but eagerness to develop the site seems to have increased over the last two decades.  “While this is not a perfect site, it’s not the worst site either,” Chairman John Putnam said.  He added that the access to trails, open space, and access to east Boulder and the Diagonal Highway could be very enticing.

Approximately 10 neighboring areas of the site came to the board with concerns and complaints about the development including Allison Management, Trammell Crow Residential, and Coburn Partners.  “It just doesn’t seem like a nice entrance into our Boulder town,” Gary Carmichael stated. “There’s just too much density on this, and it needs to be lightened up.”

One board member, David Ensign, also shared concerns about the project being the first thing people see coming into Boulder.  “We can talk a lot about the positive aspects of this, but I also know that as you’re driving in on the Diagonal, you’re going to see this very isolated pool of housing surrounded by these highways.  It doesn’t seem like something that is a gateway to me.”

“We have horses, cattle, dogs, kids,” Erin Harding said. “To hear that it’s going to be an active area 24/7 is very disconcerting to us, because that’s not our lifestyle out there. … The density is everyone’s huge concern.”  Many also noted that McKenzie Junction already suffers from traffic problems that this development would only exacerbate.

When the plan was proposed in 2015, many of the council members made it clear that the location rather than the plan was what made them believe the project wouldn’t work.  What might give this plan more of a chance than it had two years ago, according to board members, is the decrease in available housing.

Denver News: New Aurora Community Could House 60,000 People

Steamboat’s ski resort has enjoyed a rising level of commercial success ever since 2007 when Intrawest first arrived and made the $265 million purchase of the ski area.  This was nearly triple what the asking price was 6 years previously, and was a strong hint at what plans were in store for the resort.  The market noticed, and the real estate market erupted for both buyers and developers with sales hitting a record level of $1.5 billion.

When looking back on whether or not Intrawest was actually the cause for this boom, David Baldinger, owner of Steamboat Sotheby’s International Realty, had this to say.  “We can’t figure out if it was just the tail end of the real estate boom or if it was Intrawest.  We think it was Intrawest, because the financial crisis was underway but Steamboat had strong volume for another year. We think it was enthusiasm for a new owner.”

The trend of a resort getting a new owner stimulating the real estate market is one the high country is very familiar with.  The same thing occurred in 2002, also involving Intrawest, and Winter Park.  Then again in 2003 with the purchase of Crested Butte.

This year Aspen Skiing Co. and KSL Capital Partners have partnered to purchase six of Intrawest’s resorts including Winter Park and Steamboat.  It is expected that this purchase won’t make the same waves as earlier ones, however, largely due to the recession.  “We had locals buying condos in luxury developments purely as an investment, but it didn’t make sense given their capability if anything changed.  Then everything changed,” said Jon Wade, the owner of the Steamboat Group real estate firm.

Intrawest’s great success came to a screeching halt with the recession in 2008 and 2009.  They were forced to sell off some of their 11 resorts just to cover the debts they accrued.  Aspen Skiing and KSL intends to learn from this and use third parties for developing real estate on their 1,100 acres of slope-side land.

“We would love to see those areas developed in a responsible manner,” KSL Capital Partners chief Eric Resnick said. “But developing that real estate is not our main driver.”  Winter park has already been enjoying a growth period, with $30.1 million in sales in February alone, and the ski resort going to new owners is expected to bolster that growth according to local real estate owners.

“These guys, Aspen and KSL, they live in a world of responding to what resort and travel customers are looking for. I think they will add new fresh thoughts to the mountain and the village,” said Walter Koezbel, owner of a 1,100 acres of residential project.  “Activity begets activity, and they will take experience they have learned from their multitude of properties and they will bring new ideas to Winter Park and Grand County. It will shine a light on what we have up here.”

Baldinger summed up the mood with his statement that “I like the idea that the people in the ski business will be focusing on the ski business and the talent in the development community can focus on the development pieces.”

Boulder News: East Edge

2017-03_BoNews

In December of 2016 a team of designers and developers volunteered their time for a technical advisory panel.  The goal of this panel, the Urban Land Institute Colorado (ULI Colorado) was to design a redevelopment plan for the area of East Boulder north of Arapahoe and west of 55th.  This 325 acre space is primarily used as an office park with some small industrial sites as well.  The panel was tasked by the Boulder Chamber and Boulder Area Realtor Association with seeing how this space could be used for more workforce housing. The panel took this request a step further.   They addressed a complete overhaul of the area, rather than just focusing on housing.    Their vision of this new hub of creativity would be called East Edge.  Linked with new transportation options, East Edge would be broken into three districts that mix residential and commercial use.  Existing business would continue being supported and add new ones as well.  The idea being that each of the businesses within each district would be within walking distance.  This more ambitious and extreme plan is not what many current residents had in mind.  A large scale expansion is seen by many as inconsistent their own vision for their neighborhood.  However, there are some potential benefits in this plan worth considering which may influence public opinion.

This panel envisions East Edge as a “creativity hub”.  ULI Colorado hopes to encourage the growth of new jobs here as well as housing, services, and transportation growth. .  They envision transition from an office park to a more multi-use neighborhood.

One challenge to East Edge’s redevelopment plan is in zoning.  The panel suggests that the city allow them to go beyond the current 55ft height limit in place (up to 90ft in some areas).  This would allow for residential and retail services in the same space.  Additionally, office buildings could have shops on the ground level.  Because of the area’s low ground level relative to the rest of Boulder the panel believes the view shed would not be harmed.

Another concern ULI Colorado has for East Edge, and all potential development plans, is flooding.  The entire area is located within a floodplain, and said to be in need of mitigation.  The panel suggests that the Flatiron Golf course be used for mitigation before moving forward.

The top priority of the East Edge plan is to begin by redeveloping the land between Arapahoe and the BNSF rail corridor.  This land would become one of the mixed-use neighborhoods for residential and commercial space with an interior main street.  This would have the advantage of much safer pedestrian and bike traffic.  But this is just one of many steps and details outlined for East Edge.  The entire plan is available for all citizens to see on the better boulder website, and are encouraged to do so.

Open Space Debate Continues

2017-02_BoNews

The opportunity presented by the 20 acres of vacant government land is a subject of great debate.  The issue was shelved in October to reconsider proposals.  On one hand, there are those who wish for the space to be used for new affordable housing.  While on the other, many also want it to remain an open space.  But, before any decision can be made, a plan must go through four separate government bodies.   They are the county Planning Commission, the Board of County Commissioners, the Boulder Planning Board and the Boulder City Council.

The head of Boulder County Housing and Human Services, Frank Alexander, “see[s] this as a once-in-a-lifetime opportunity.”  When speaking to the Boulder County Planning Commission members, he stated: “We are truly in an affordable housing crisis.”  Alexander and a member of the BVSD are the main forces behind turning the land into affordable housing.

However, on the other side of the issue is Dave Rechberger.  Rechberger’s organization is arguing to keep the 20 acres of land as open space.  He believes that the property should be viewed as two 10 acre spaces, and treated separately.  His group has legal objections to the plans put forth.  One of which claims the school system would violate state law by using the space for a school or public use.  Rechberger’s Twin Lakes Action Group is “ready, willing and able to fight this in a court of law.”

After a four and a half hour long meeting on January 18th, a vote was taken.   Over 75 people were registered to come in and speak about the issue, with 62 appearing.   These citizens are concerned members of the community taking the opportunity to speak up.  Both sides of the issue were given voice for the commissioners to hear before voting.  In a 4-3 split, with two members of the Planning Commission absent, the land was designated for medium density housing.

It won’t be until February 15th that the Commission votes on possible changes to the current plan.    Unlike January’s meeting, all 9 commissioners will be present. .   Whatever plan is agreed upon in February will then be taken to the county commissioners.  From there, the issue will presented to a public hearing held by the Boulder Planning Board and Boulder City Council.  Only after going through all four government bodies will any plan for this land be accepted.

 

Boulder News: Envisioning East Arapahoe

conference-room

Envisioning East Arapahoe has found its way back to the city’s agenda after being shelved for two years.  Three main scenarios were created considering different goals and predictions of how the neighborhood will look in the future.

Scenario A is termed “Current Trends.”  This scenario assumes East Arapahoe will continue having small industry, with few opportunities for new office or retail space.  Additional residential buildings would be less likely to be built.  In short, scenario A plans for the least change to our neighborhood.

Scenario B is termed “Districts.”  Walnut East would extend to meet 48th St north Boulder Community Hospital with more medical related offices and possibly retail.  The area below Gerald Stazio ballfields would become “Recycling Row”.  Significant street alterations on Arapahoe including new intersections are planned to increase commuter throughput.  The Arapahoe alterations aim to facilitate transportation modalities.

Scenario C is termed “Housing Choices.”  Affordable housing is planned for between 55th & 63rd on Arapahoe.  New housing would be built within a 15 minute walk from nearby shops and places of work.  The BDT and surrounding grounds would become part of an “Art Center.”  This plan includes the highest level of street alterations.  New parks, community gardens, and public spaces are all planned for scenarios B & C.

The Transportation Plan is another aspect of the Envision East Arapahoe plan. This long term plan aims to increase all types of transportation on Arapahoe.  The plan supports the Boulder’s Transportation Master Plan and the increasing number of commuters from Boulder’s supporting communities.

These plans are likely the most impactful Boulder City intervention in our neighborhood in a long time.  Public meetings for these plans have not been set for the Envinsion East Arapahoe, so stay tuned.   The city has yet to confirm any details on Envision East Arapahoe plan, but there is a public meeting for the Transportation Plan on February 2, 2017.  The previous meeting was on December 5th.  Those who want to have their voices heard on these matters can contact Adam at adam@krollre.com to receive more details as they are available.

 

Boulder News: Redevelopment at Eastpointe Apartments

apartment

Early in November, Boulder City Council encouraged developers to offer diverse housing at Eastpointe.  The aging apartment complex in East Boulder was owned by an ambivalent landlord who kept rental rates reasonable.  In December 2014, the property was purchased by Aimco, a Denver based company that is one of the largest owners and operators of apartment communities in the US.  Aimco wishes to redevelop the site, but must abide by the City Council’s goals for affordable housing.

In early September the City Council called for the plans to be reviewed during concept phase even though they could not deny the project during this phase.  They are only able to offer suggestions consistent with their goals.  “We can’t prevent property owners from redeveloping,” Mayor Suzanne Jones said, “but I do think we can try to have it done as sensitively as possible.”

The Eastpointe proposal seems to meet City Council’s affordable housing and increased dwelling density goals.  Cash in lieu for affordable housing and an increase in dwelling count from 140 units to 233 help further the Council’s goals.  The current parking would be moved underground to leave room for additional green space in the complex.

All these changes will have an impact on those living in Eastpointe as rents are expected to dramatically increase.  Residents have spoken out about this increase, concerned about their ability to afford continuing to live there.  Another concern is the focus on smaller units which will exclude many families.

“I’m very concerned about the loss of two-bedroom units and the lack of much idea of where those people who right now are occupying those two-bedroom units are supposed to go,” Councilwoman Lisa Morzel said to Aimco representatives. “I would ask that you consider the current residents and really look for what we’re looking for, which is housing that meets more than one person’s needs.”

Aimco Senior Vice President Patti Shwayder stated that it was not likely they would be able to provide low-income housing on the new site.  Aimco claims to offer help relocating any residents to the best of their ability.  “We’re not a fix-and-flipper,” she said. “We like to be a part of the community.   This is great housing where it should be.  We’re replacing aging and really inefficient buildings that will come down at some point … with a brand new community that will be sustainable and last for a long time.”