La Tela Condominiums
Denver, Colorado
92 permanently affordable for-sale condos in Denver's Santa Fe Arts District
Size
73,000 SF | 92 units
Value
$14M
Market Segment
Multifamily / Student Housing
La Tela is unique for many reasons, but the biggest differentiator is that the development is the first 100% permanently affordable for-sale condo project in Denver. It’s also the largest project completed by the Elevation Community Land Trust (ECLT), which makes homeownership more accessible through the community land trust model, a tool that helps create inclusive communities spanning generations.
With 92 condo units and 70,000 square feet, including ground floor commercial space, La Tela’s affordable living is a partnership between many entities – developer Shanahan Development, Elevation Community Land Trust, Urban Land Conservancy, as well as the Department of Housing Stability, and the Colorado Department of Local Affairs Division of Housing. Brinkmann Constructors was the general contractor on the project and Studio Completiva is the architect.
Located at West 6th Avenue and Inca Street, the facility is near multiple public transportation options, including a high-frequency bus line, and just minutes from downtown Denver, making this project even more appealing for potential homeowners. The new condos are within walking distance to restaurants, shops, hospitals and schools.
