Boulder County Housing Authority (BCHA), with Pinkard Construction and RNN Architects, have completed the external structure for The Spoke on Coffman, a new mixed-use affordable housing and parking garage in Longmont. A socially distanced celebration of the important project milestone was held on-site on April 23, 2021. Representatives from Pinkard, BCHA, Longmont Downtown Development Authority and RNN Architects were among those in attendance.
"We are excited to bring affordable living to the heart of downtown Longmont, just one block off Main Street and directly across from Boulder County’s St. Vrain Community Hub service center. This is especially important when so many households in our community are struggling with the high cost of housing,” said Robert B. Williams, Director of Boulder County Housing and Human Services. “Despite the challenges of building through record snowfalls and the pandemic, we appreciate the construction team’s commitment to The Spoke on Coffman vision of housing stability close to jobs, transportation, and service supports."
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 sq. ft. for one-bedroom; 950 sq. ft. for two-bedroom; and 1,300 sq. ft. 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.
“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.”
The Spoke on 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.
This project is the result of a public-private partnership between Boulder County, the Boulder County Housing Authority, and the Longmont Downtown Development Authority, and is expected to be complete by late March 2022.
To date, Pinkard has completed over 130 multifamily projects and over 53 affordable housing projects.