AV II Groundbreaking 2.jpg

PROJECT UNDERWAY 
August 2022

ALTA VERDEII

The Town has teamed up with Gorman & Company to produce Alta Verde 2, the Town’s next local workforce housing project. With 172 units spanning over 4 buildings, Alta Verde 2 will encompass a mix of studios, one, two and three bedroom units. 50% of those units will be 80% AMIs or less. The Town has committed $6 million dollars to this project that will achieve net zero designation, meaning the total amount of energy used by the building on an annual basis is equal to the amount of renewable energy created on the site. Construction started Fall 2022 and will be ready for move in Winter 2024.

Construction Complete: 2024

 

Neighborhood Summary:

# of Units: 172

Occupancy: Renter Occupied 

 

Rental Rate:

87 units at 80% AMI

 

Neighborhood Amenities: Rec Path, Proximity to Parks, Trails, Public Transit, and Blue River. On-site play area, gathering space, dog area, and garages.   

 

Type: 1-, 2-, and 3-bd Apartments

  • 14 Studios

  • 38 1 Bedrooms

  • 78 2 Bedrooms

  • 42 3 Bedrooms