Nesbitt Development is currently working together with Brinshore Development to build South Platte Crossing Apartments, 60 units of affordable housing at 7190 Colorado Boulevard in Commerce City. The land is owned by Urban Land Conservancy, another long-time partner of Nesbitt’s and one of the owners of the adjacent commercial building.
SP Crossing Apartment is adjacent to the Commerce City/72nd Ave Commuter Rail Station. Nesbitt will provide transit cards to all residents affording them easy access to jobs and cultural resources in downtown Denver and the northern metro area. Economic mobility will also be increased by access to wellness services at the Commerce City Community Campus (“C4”), which is located in the building directly next to the project site.
SP Crossing Apartments will be a new construction four-story elevator building with stucco, modular brick, and Hardiplank siding exterior with cementitious siding accents. The foundation of the building will be a combination of cast-in-place spread footings and drilled piers. The framing will consist of three levels of engineered wood frame over a concrete podium that covers the garage. The building will have a flat façade and a flat roof. The roof will have white TPO over a cover board that covers rigid insulation and oriented strand board (OSB) sheathing. 40 parking spaces will be built under the podium structure of the building, along with a shared parking agreement providing an additional 35 parking spaces for a total of 75 spaces available to residents or 1.25 spaces per unit to meet the PUD requirements. Energy efficiency for the building will meet the 2015 IECC standards using Group 14 Engineering’s prescriptive method with National Green Building Standard (NGBS) Bronze Certification requirements. Energy efficient features include energy star appliances, a white TPO roof and Low-E clear glazing on windows, among others. Rigid insulation will also be used beneath the roof to minimize thermal bridging
Unit amenities include central air conditioning, carpet and vinyl tile flooring, an in-unit washer and dryer, blinds, a refrigerator, stove/oven, garbage disposal, dishwasher and microwave. Twenty-four units will also have Juliet balconies. Project amenities focus on creating community and pleasant outdoor space for residents and include a community room with a kitchen, conference room, fitness room, an interior courtyard with a children’s play structure, and a terrace on the second floor that overlooks the courtyard. Safety and security features of the project include an intercom and buzzer, limited access entries, and security cameras. SP Crossing Apartments will have on-site management.
SP Apartments is funded by 9% Federal LIHTC equity, a first mortgage, CHFA Capital Magnet Funds, soft funds from the Colorado Division of Housing (CDOH) and Colorado Creative Industries, fee waivers and a partial city sales and use tax reimbursement from Commerce City. The projected opening is early 2025.
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