Urban Peak

 
Rendering care of Shopworks Architecture

Rendering care of Shopworks Architecture

 

Organization

Founded in 1988, Urban Peak is the only non-profit organization in Denver that provides a full convergence of services for youth ages 15 through 24 experiencing homelessness or are at imminent risk of becoming homeless. Programs, services and assistance are provided to support the youth and young adults with the goal of becoming self-sufficient and safe.

Challenge

For more than a decade, Urban Peak has operated a 34-unit apartment building in central Denver, owned by the City’s Department of Human Services, to provide transitional housing for these homeless youth. Understanding the City’s intent to sell the property and Urban Peak’s interest in purchasing it, it became essential for all parties to agree on the terms.

Solution

In 2013, City Projects was retained to facilitate--what ultimately became--a successful transaction. The Colorado Division of Housing provided $750,000 for Urban Peak to acquire the property to ensure that the building would remain as housing for formerly homeless youth and young adults.

Outcome

Currently, City Projects is acting as Project Manager for the renovation of this 11,830 square foot mid-century apartment building. This facility will continue to provide much-needed housing and will provide ongoing support for youth and young adults to complete their education or obtain employment. Completion is scheduled for mid-2014.

Specs

Location: 1548 Ogden St.

Project Cost: $5,500,000

Project Manager: City Projects, Inc.

Architect: ShopWorks

General Contractor: Pinkard Construction

Financing: Denver’s Office of Economic Development, Colorado Division of Housing, Federal Home Loan Bank

Grants: Energy Outreach Colorado

Urban Peak Website