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Forest City Taps Mercy Housing for Stapleton

DENVER-Mercy Housing SouthWest emerges "after an intense competitive process" as the developer of affordable rental housing at the nation's largest urban infill redevelopment. The project begins with two acres.

By John Rebchook | Updated on February 11, 2002

DENVER-Forest City has chosen Mercy Housing SouthWest to develop affordable rental housing at the former Stapleton International Airport, the nation’s largest urban infill redevelopment. “Mercy’s selection marks a significant leap towards the city of Denver’s goal of adding to the current stock of affordable housing through the mix of housing that will be developed at Stapleton,” says Cherie Kirschbaum, president of Mercy Housing SouthWest.

Forest City is developing Stapleton, which will have a completed value of about $4 billion and is about three-quarters the size of Manhattan.

“After an intense competitive process, Forest City has selected Mercy to receive the first two acres of land it will donate to non-profit organizations to provide affordable rental housing at Stapleton,” says Jacky Morales, Forest City’s director of housing initiatives. “Mercy has brought together a strong team of architects and developers to design and build affordable housing that will add to the quality of life in the diverse urban neighborhoods now under construction at Stapleton.”

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