P3 Golden Range at Lookout Mountain Redevelopment Project

The Colorado Department of Personnel & Administration is seeking a developer to partner with for the redevelopment of a 41.054-acre parcel of land in the City of Golden, Colorado. The project aims to deliver a minimum of 80 affordable housing rental units and prioritize the delivery of "affordable housing" as defined by the low-income housing tax credit (LIHTC) rules. The project also seeks to include attainable housing, generate a fair and reasonable return to the State, and minimize State investment. The selected developer will be invited to negotiate a pre-development agreement (PDA) with the Department, which will govern the performance of certain pre-development, due diligence, and early design work. Key features of the project include: • A 41.054-acre parcel of land located in the City of Golden, Colorado • A minimum of 80 affordable housing rental units • Prioritization of affordable housing as defined by LIHTC rules • Inclusion of attainable housing • Generation of a fair and reasonable return to the State • Minimization of State investment • Partnership with a developer to deliver the project • Negotiation of a PDA to govern pre-development work The project is expected to have a significant impact on the community, providing much-needed affordable housing and stimulating economic activity. The selected developer will be expected to work closely with the Department to ensure the project meets the goals and objectives outlined in the RFQ.