La Tela Affordable Condominiums
UNIQUE, AFFORDABLE LIVING
La Tela was a groundbreaking achievement in affordable housing – Denver’s first 100% permanently affordable for-sale condominium development. Located in the heart of Denver’s vibrant Santa Fe Arts District, this five-story development addresses the critical need for homeownership opportunities for essential workers while preserving the area’s rich cultural heritage.
Location
Size
Key Features
- Affordable Homeownership: 92 income-restricted condominium units priced under $200,000
- Community Land Trust Model: Innovative 99-year renewable land lease ensuring permanent affordability
- Priority Access: Teachers and school workers given purchase priority
- Mixed-Use Design: 4,000 SF of ground-floor commercial space
- Sustainable Living: Energy Star appliances, onsite solar power, energy-efficient heat pumps, and LED lighting
- Modern Amenities: Quartz countertops, in-unit washers/dryers, and 9-foot ceilings
- Convenient Parking: 13,000 SF parking garage with 38 spaces
Collaborative Partnership
This innovative project brought together multiple stakeholders committed to addressing Denver’s affordability crisis:
- Development Team: Shanahan Development and Brinkmann Constructors
- Community Partners: Elevation Community Land Trust and Urban Land Conservancy
- Government Support: Denver Department of Housing Stability and Colorado Department of Local Affairs Division of Housing
Brinkmann's Role
Brinkmann was selected to work closely with the design team to ensure the target project budget was achieved for this pioneering affordable housing development. Our expertise in budget management and value engineering helped make this groundbreaking community land trust model financially viable while maintaining high-quality construction standards and modern amenities for future homeowners.
The project exemplifies Brinkmann’s commitment to community impact and our ability to navigate complex multi-stakeholder developments that serve essential community needs.
