Clyburn Village
Northeast corner of Martin Luther King Jr. Boulevard and Downing Street
Located in Denver’s historic Curtis Park Neighborhood on the northeast corner of Martin Luther King Jr. Boulevard and Downing Street, the Clyburn Village project redeveloped 1.3 acres of underutilized land into housing for area seniors and a commercial pad for Burger King.
Developed in 1997, the original site was home to a vacant hardware store characterized by vandalism, broken windows, broken doors, graffiti, deteriorating roofing, peeling paint, and an unstable structure supported by exterior bracing.
Recognizing the need to provide affordable housing for active seniors, local developer Jackie Peterson sought to develop Clyburn Village on the east side of Downing, near two major bus routes and the recently completed Central Corridor / Downing Street light rail line. Completed in 1998, Clyburn Village included 50 age and income restricted rental units and 8,600 square feet of retail space.
In conjunction with Eldercare 2000 and financial support from the Colorado Housing and Finance Authority (CHFA), Denver’s Office of Economic Development, and DURA, Clyburn Village created mixed-use, dense affordable senior housing in an important historic neighborhood proximate to Denver’s core, neighborhood services, mass transit, and public facilities.
The project was purchased in 2005 and renamed the Downing Square Apartments and the ground floor retail space is home to Youth Biz, an area non-profit promoting youth entrepreneurship.
fact sheet
Project Description:
Redevelopment of a vacant property into a mixed-use project consisting of 50 units of income-restricted senior rental housing and 8,600 square feet of commercial retail space.
Developer:
Clyburn Village, LLC
Total Project Cost:
$7 million
DURA Participation:
$200,000 in TIF reimbursement
Tax Increment Source:
Property and Sales Taxes
Term:
This Reimbursement obligation was fully repaid in September 2005
Major Tenants:
Burger King
Youth Biz
location map
