Zocalo, Emily Griffith to build new facilities downtown

DENVER BUSINESS JOURNAL - The Emily Griffith Foundation and Zocalo Community Development will construct a mixed-use development at 1811 Lincoln St., across the street from Emily Griffith Campus.

The development will be built on one of three parcels acquired by Emily Griffith near the campus last week. One is located at 1830 Broadway and is vacant land, and the other, at 1855 Lincoln, is occupied by a 320-space parking garage. The two remaining parcels will stay as is for the time being.

The new development, which is expected to commence construction in the second half of 2016, will include 200 apartments for families earning between 50 and 90 percent of area median income, a day care and early childhood education center, a workforce development center and a social enterprise hub, which will offer a retail space for Emily Griffith Technical College students to receive hands-on training.

"The high-rise, mixed-use project will add key services and housing for families at a crucial time when policy-makers, educators and business leaders attempt to address income inequality, while providing long-term financial support to Emily Griffith Technical College as it furthers its mission of providing hands-on, real-world, industry-specific work experiences to its students," Zocalo said in a statement Monday.

The project is still in the planning stage, said Ivan Anaya, development manager at Zocalo, so precise sizes and project costs are not yet available. Once the development breaks ground, it should take between 18 and 20 months to build.

Read the full report in the Denver Business Journal: http://bit.ly/1N0Z6NH.

(© 2015 American City Business Journals. All rights reserved.)


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