A surface parking lot at the corner of Welton & 29th Street could soon be activated into a 5-story mixed-use building.
The lot is owned by The Regional Transportation District (RTD) and is conveniently located directly in front of the 29th & Welton light rail stop. Currently, this station is closed. Plans for a reopening are currently unknown.
RTD selected this site back in 2010 as one of four TOD Pilot sites to promote affordable homeownership in spite of construction defects in 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.
This location is expected to be even better once the Welton Street Cafe opens its doors across the street at 2883 Welton Street.
According to site plans, the project will consist of 62 affordable condos, 4,160 square feet of ground floor retail, 26 vehicle parking spots and 60 bicycle parking spots.
RTD declined to comment. However, we expect construction to begin by the end of this year. Check back for updates!