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2013_0722_packet
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2013_0722_packet
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8/30/2013 2:11:29 PM
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7/19/2013 9:16:01 AM
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PHOENIX ON THE FAX <br />Denver, ColoradoProject Details <br />Sherman Associates brought its expertise in urban" New Construction <br />redevelopment to Denver with the Phoenix on the" 4,500 Square Feet Retail - Ground Floor <br />Fax project. Located southeast of City Park along " 50 Affordable Apartments <br />Colfax Avenue, and midway between downtown " Project Value: $10.5 Million <br />Denver and the employment centers in the " Financing: Federal Low Income Housing Tax <br />Fitzsimmons redevelopment area, it represents the Credits, Tax Credit Assistance Program, HUD <br />first new construction development in an area of Insured Mortgage, City of Denver HOME Funds, <br />Denver quoted to have an infamous past.State of Colorado HOME Funds. <br />Phoenix on the Fax has garnered the support of TheRole: Developer, General Partner, Property Manager <br />Fax Partnership, Denver City Council, Denver Office <br />of Economic Development, State of Colorado, HUD,Completed: February 2012 <br />Colorado Housing Finance Agency, and local investor <br />RBC Capital Markets. <br />The new construction project features 50 affordable <br />rental units and 4,500 square feet of retail space. <br />Completed in February of 2012, Phoenix on the Fax <br />had tremendous interest from renters and leased up <br />very quickly. <br />COMPANY PROFILE: Development Experience <br /> <br />
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