Tony Pickett of Denver's Urban Land Conservancy
recently spoke about affordability and equity in Portland.
The Urban Land Conservancy, where Pickett has worked since 2013, has even more opportunity to create affordability in the Mile-High City. Started with a $15 million seed fund, the organization has grown over time to invest $70 million in 28 projects, generating over $400 million in redevelopment.
One of the conservancy's advantages has been the ability to move quickly to purchase prime sites as Denver undergoes a multi-billion dollar expansion of its rail transit system.
Pickett shared the example of the conservancy's Park Hill Village West development, on Denver's new A-Line commuter rail connecting downtown to Denver International Airport. Urban Land Conservancy purchased the site close to a planned station in a historically black neighborhood to create permanently affordable housing with easy access to the region's growing transit network. The development opened at about the same time as the rail line.
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