Kuhlman Building Adaptive Re-Use
Affordable Housing, Multi-Family Housing, Enterprise Green Communities, LIHTC, Renovation
Koelbel & Company
The Kuhlman Building project is the adaptive reuse of the existing 45,000 sq ft Kuhlman Building into for-rent affordable multi-family housing and retail/restaurant space.
The affordable housing portion of the project will be approximately 40-50 units with a mix of studios, one-bedrooms and two-bedrooms, along with two retail/restaurant pads, one in the Kuhlman Building and one stand-alone.
The new stand-alone pad will be a 2,500 sq ft warm grey shell retail building near the intersection of West 17th Avenue and Perry Street.
There will be 4,500 sq ft of retail provided as warm, grey shell within the existing building.
Located at the northwest corner of West 16th Avenue and Perry Street, the site is approximately 50,000 sf.
Funding comes from a combination of developer equity, federal low-income housing tax credits, tax-increment financing from Denver Urban Renewal Authority and a performance loan from the Denver Office of Economic Development.
Converting the Kuhlman Building will require gutting the interior but with only minor changes to the building's exterior.
Over the years, the five-story brick building has served as a nunnery, a nursing school and dormitory, and administrative offices for St. Anthony hospital.
The Kuhlman Building is located within the larger Sloan's Lake/St. Anthony Hospital redevelopment area to be simply named Sloans. When complete, the Sloans neighborhood will include an Alamo Drafthouse, Highland Tap & Burger, the Raleigh office building, a 12-story condominium tower, a seven-story apartment community, a 6,000 square foot retail strip, plus the Kuhlman development, all in a seven-block area between Sloan's Lake and West Colfax Avenue.
The Kuhlman project is a development partnership by Koelbel and Co. and Trailbreak Partners. The design is being provided by Van Meter Williams Pollack.
Van Meter Williams Pollack, LLP
45,000 Sq. Ft.