The City and County of Denver (CCD) and RTD have partnered to oversee development of a TOD project in Denver’s Five Points neighborhood at 29th Street & Welton Street.
Through a Request for Qualifications (RFQ), CCD and RTD hope to select a developer who will become a partner in the redevelopment of the 0.43-acre Property at 2907-2915 Welton Street. The site is less than two blocks from the 27th & Welton light rail station and three stations from Downtown Denver, where passengers can connect to a number of transit lines to reach regional destinations.
In 2010, RTD selected 29th & Welton as one of four TOD Pilot sites to signal a commitment to exceptional redevelopment. Across Denver, CCD and RTD aspire to promote affordable homeownership in spite of construction-defects legislation that has simultaneously increased for-sale housing development costs and reduced for-sale housing supply, thereby increasing for-sale housing purchase prices beyond what many Denver families can afford. To that end, RTD and CCD seek a mixed-income condominium at 29th & Welton.
As a TOD site in a vibrant and rapidly redeveloping neighborhood, 29th & Welton offers the potential to create homeownership opportunities for families at various income levels in a context well-linked to employment and education opportunities and key services and amenities.