DENVER BUSINESS JOURNAL - A developer is taking a unique approach to affordable housing with the development of a multi-family complex in Denver.
Carmel Partners, based in San Francisco, is building the complex — the Wellington Apartments — on the concept of "co-housing."
Co-housing is an "intentional community of private homes clustered around shared space. Each attached or single family home has traditional amenities, including a private kitchen. Shared spaces typically feature a common house, which may include a large kitchen and dining area, laundry, and recreational spaces," according to the Cohousing Association of the United States.
The Wellington Apartments – at 1403 Osage St. — will include 253 units — 211 of which will be four bedroom units where tenants can lease a private bedroom and bathroom, but then share the kitchen, living and dining room areas and outdoor patio or balcony with the other unit tenants.
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