“Denver City Council members approved a measure that will allow developers to build taller buildings in the RiNo neighborhood in exchange for affordable housing.
The decision, which was made late Monday night, allows developers to build up to 16 stories in certain parts of the River North neighborhood.
For developers, there are three options if they wish to build high rises. They can build a certain number of affordable units in their building, or include commercial developments in their projects such as a day care or a grocery store. The last option is to pay an affordable housing fee that is much higher than that of developments in other parts of the city.”
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O’Keefe, Makenzie. Channel 4 CBS Denver 13 February 2018.