LAKEWOOD, COLO. — Boulder County Housing Authority (BCHA), with Pinkard Construction and RNN Architects, has started construction on the Spoke at Coffman, a new mixed-use affordable housing and parking garage in Longmont.
Located at 518 Coffman Street, the $28.8 million construction project includes 73 units of permanently affordable 1-, 2-, and 3-bedroom apartment homes, 10,000 sq. ft. of office space and community cafe, and a 262-space, four and one-half-story parking garage. Unit size in this four-story structure averages 650 sf for one-bedroom; 950 sf for two-bedroom; and 1,300 sf for three-bedroom units. The permanently-affordable apartment homes are for families and individuals with incomes at or below 60% of the Area Median Income (AMI), or $62,160 for a 3-person household.
"The Longmont Downtown Development Authority Board invested in The Spoke on Coffman to add increased workforce housing options and public parking, which meets the goal of extending the vibrancy of Downtown to an 18-hour, 7-day activity zone by adding more residents, entertainment and jobs," said Kimberlee McKee, Executive director for Longmont Downtown Development Authority. "This project advances the goals of the LDDA and will make a positive impact for years to come."
The Spoke at Coffman is located on a Boulder County-owned lot that was formerly used as a surface parking lot for Boulder County employees working at the newly completed St. Vrain Community Hub.
Norrie Boyd, interim director for Boulder County Housing Authority said in a recent press release: “The Spoke on Coffman will provide housing stability close to jobs, transportation, and service supports. We’re eager to start building and have been closely coordinating with local businesses, the Longmont Downtown Development Authority, and our construction contractor to carefully plan the work to minimize impacts to downtown businesses.”
This project is the result of a public-private partnership between Boulder County, the Boulder County Housing Authority (BCHA), and the Longmont Downtown Development Authority (LDDA), and is expected to be complete by spring 2022.
“Affordable housing is extremely important, especially now with the COVID-19 pandemic,” said Tony Burke, President of Pinkard Construction. “I know our team is working hard to get these units available to potential tenants while also minimizing disruptions to the surrounding community.”
To date, Pinkard has completed over 130 multifamily projects and over 53 affordable housing projects.
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