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  • New income-based apartments open on Mosaic Community Campus in Denver

    New income-based apartments open on Mosaic Community Campus in Denver

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    DENVER — Low-income families in Denver are getting some housing help with the opening of new income-based apartments on the Mosaic Community Campus.

    Archway Community on the Mosaic Community Campus opened on what was part of the former Johnson & Wales Denver campus. It consists of four buildings with a total of 154 apartments.

    Archway Communities acquired the residence halls through a partnership with the Urban Land Conservancy, which worked with the Denver Housing Authority and Denver Public Schools to split up the buildings on campus for different uses.

    Dominique Tillman and his family were among the first to move into the new development. He said there is never a dull moment with his wife, three daughters, and a dog.

    With a big family, Tillman is more grateful for the additional space now than ever.

    “It’s a lot bigger. It’s peaceful, it’s quiet. Girls got room to move around, and it’s just great. There’s great people around. It’s great to be around and see the positive energy that’s coming through this place,” Tillman said.

    Tillman said a three-bedroom apartment in Denver that is not income-based would be expensive compared to his current rate.

    “You know, most places for a three-bedroom, two-bath is probably going for average on the low end, $2,700 to $3,500,” He said. “We pay $2,000 for everything included.”

    Archway said construction is pretty much wrapped up.

    “We’ve taken 400 dormitories and converted them into 154 affordable apartments for families and individuals,” Georgeanne Barrett, the director of communications with Archway, said.

    Barrett explained that the apartments offer services like a food pantry, access to mental health services, and after-school programming for kids. Residents of the Mosaic Campus also have endless opportunities.

    “We’re also able to partner with the other campus partners, which include the Denver School of the Arts, where we’re sitting at dirt coffee work options St. Elizabeth school and Emily Griffin’s Technical College,” Barrett said.

    For those interested in learning more about the properties, visit Archway Communities’ website.

    Coloradans making a difference | Denver7 featured videos


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  • JPI Buys Apartment Parcel at Long Beach Mall Redevelopment

    JPI Buys Apartment Parcel at Long Beach Mall Redevelopment

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    JPI has bought an approved site for 272 apartments at the redeveloped City Place mall in Long Beach.

    The Texas-based developer bought 1.6 acres at Mosaic, the project that will replace the vacant City Place Long Beach shopping center at 151 East 5th Street, Urbanize Los Angeles reported.

    The sellers were Mosaic owners Turnbridge Equities, based in New York; Waterford Property Company, based in Newport Beach; and Beverly Hills-based Monument Square Investment Group. Terms of the deal were not disclosed.

    In January, the consortium won approval to build three, eight-story apartment buildings with 900 apartments, including 54 affordable units for very low-income households, plus 38,000 square feet of shops and restaurants at the 14-acre Mosaic site.

    They acquired the beleaguered shopping center in March last year through the sale of a $63 million loan.

    JPI acquired a site approved for 272 apartments at the southwestern corner of Long Beach Boulevard and East Fifth Street.

    The eight-story project, to be called Jefferson Long Beach, includes 16 affordable units and 19,000 square feet of ground-floor restaurants and shops. Longbeachize reports that JPI is expected to break ground this year.

    Brokers Kevin Shannon, Ken White, Chris Benton, Anthony Muhlstein and Gabe Munson of Newmark represented the sellers in the deal.

    The trio of real estate investors will keep the rest of the mall, designed by Downtown Los Angeles-based MVE + Partners, and approved for another 628 homes. 

    One parcel on the southwest corner of Long Beach Boulevard and East Sixth Street would contain a 269-unit apartment complex. Another parcel to the south would feature a 359-unit complex. 

    Mosaic, which will have 150,000 square feet of additional shops and restaurants, announced new tenants, including Broken Spirits Distillery and Restaurant, Sake Secret and Coffee Station Cafe.

    Irving-based JPI, founded in 1989, was acquired in October by a U.S. unit of Tokyo-based Sumitomo Forestry for $215 million.

    In 2020, JPI proposed replacing the former Long Beach City Hall, a 14-story Brutalist landmark dating to the 1970s, with more than 580 homes, according to Urbanize. The firm now plans housing developments next to Metro stops in Monrovia and Inglewood.

    — Dana Bartholomew

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    TRD Staff

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