“A few months ago, RTD and Denver announced their intention to bring some income-restricted condos to a lot at 29th and Welton. Well, now they’re ready to get a developer on board.
First step, a request for qualifications will be issued on Aug. 15 at 4 p.m. online. Then there’s a pre-bid meeting on Aug. 23 where interested developers have an opportunity to learn more. Finally, the deadline to submit RFQ entries is Oct. 17.
For the most part, the particulars of the project remain unknown, as you might expect from a project with no developer at the moment.
We do know that some of the condos will be priced to be affordable to people earning 80 percent of area median income, per OED. It’s also possible for the development to have commercial space on the ground floor. OED also says that zoning allows for a five-story mixed-use building.
But further details may be a little ways out — a request for qualifications doesn’t establish who the developer will ultimately be; instead, it helps the city determine who’s qualified to submit a proposal.”
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Arellano, Megan. Denverite 9 August 2017.