Spruce Townhomes Affordable Housing Development Breaks Ground at Stapleton

January 30, 2014 Homes No Comments

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Forest City Stapleton, Inc. (now Brookfield Properties) celebrated the ground breaking of the highly anticipated Spruce Townhomes located at the intersection of Martin Luther King Jr. Boulevard and Spruce Street on Thursday, January 16th.

The Spruce Townhomes are an 18-unit quality affordable housing development built by the Northeast Denver Housing Center(NDHC) that will provide homeownership opportunities to households making less than 80% of Denver’s area median income in Stapleton, one of Denver’s most sought after neighborhoods.

A majority of the townhomes will range in price from $160,000 to $198,500 and will serve a diverse array of buyers with a family-friendly building product and floor plans. The project site and its surrounding amenities, schools and proximity to work, live and play are excellent, making this a major developmental milestone for North East Denver and the Stapleton community.

Forest City (now Brookfield Properties) Stapleton in collaboration with the NDHC welcomed all prospective Spruce Townhomes homeowners and several local dignitaries and community members including:

Mayor Michael B. Hancock
Councilman Christopher Herndon
Forest City (now Brookfield Properties) Stapleton Executives
Representatives from Northeast Denver Housing Center
Representatives from Stapleton United Neighbors and the Master Community Association
Representatives from Stapleton Development Corporation

 

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