Comment on Denver’s affordable housing shortfall could find an answer in its empty office towers

Denver’s affordable housing shortfall could find an answer in its empty office towers

The Pew Charitable Trusts and the architectural firm Gensler have a proposition for Denver renters struggling to find a place to live that won’t bust their budgets. Would they take a studio apartment in a renovated skyscraper for $850 a month, under half the going market rent, with the catch being that they would have to share bathroom and kitchen space and likely skip a parking spot? Pew and Gensler are proposing a co-living, aka dormitory approach, as the answer to two problems — creating more affordable housing units and saving Denver’s aging skyscrapers, many of which face economic obsolescence. “Half of renters are spending more than 30% of their income on rent.

 

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