DENVER-The Urban Land Conservancy‘s investment along a new, 12-mile light rail line will ultimately bring more than $70-million in development value to the area, 600 units of housing including 400 affordable units, over 50,000 square feet of commercial space, a new Denver public library and 500 jobs, according to a prepared statement. 

On April 26, 2013, the Regional Transportation District‘s West Rail Line of FasTracks will open. Known as W Line, it will connect downtown Denver, Lakewood and Golden, transforming the way people live, work and make regional connections. ULC has been buying land and properties along the W Line for over six years, knowing that affordable housing and other community assets are critical components of successful public transit build out, according to a release.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.