By Mark Beardsley
The Commerce City Council gave its approval for the construction of 48 units of income-restricted senior apartments Monday night. Now the project hangs on whether the developer can get low-income housing credits from the Department of Community Affairs.
Accepting the recommendation of the city’s planning commission, the council voted unanimously to rezone 19.49 acres off State Street from R-3 (duplexes) to R-4 (multifamily housing) for Paladin, Inc., of Alabama. But the property will revert to R-3 if Paladin does not get the DCA funding necessary for the $7 million project.
Other conditions of the council vote include the requirement of a permanent onsite manager, a prohibition against anyone under the age of 55 living in the units other than a spouse or primary caregiver, and brick or stone exterior construction.
Local real estate appraiser Les Knoblock spoke in support of the rezoning, suggesting that the new housing will not only provide a safe place for elderly to live, but could also result in their current residences being sold and renovated, improving the overall condition of housing in Commerce.
Monday night’s vote repeats a 2010 action in which Paladin got the property rezoned for income-restricted (but not senior) housing, but failed to get the DCA housing credits.
The property is owned by Chad Black and Daniel Wilson of Jefferson. Only 12 of the 19 acres will be built upon if the DCA funding comes through.