DENVER — Evergreen Real Estate Group has closed on land and secured 9 percent Low-Income Housing Tax Credits through the Colorado Housing and Finance Authority for the development of The Ford Apartments, a six-story, 60-unit community in Denver’s Baker neighborhood. Monthly rents will be income-capped at 30 to 80 percent of area median income. Evergreen expects to break ground on the project in early 2026 and to complete it in fall of 2027.
Located at 155 W. 5th Ave., the site is situated adjacent to the Denver Health hospital campus. The new development is named after Dr. Justina Ford, the first Black woman to be licensed as a physician in Colorado. The project was designed by Meridian 105 Architecture. Milender White will serve as general contractor, and the community will be leased and managed by Evergreen Real Estate Group. Evergreen is coordinating the project with Shanahan Development, which plans to build a 70-unit for-sale affordable condominium development adjacent to The Ford Apartments. The general contractor for the condo development will be Brinkmann Constructors, and the architect is KTGY.