By David Heitz / NewsBreak Denver
(Denver, Colo.) Colorado Coalition for the Homeless has purchased the Clarion Hotel at 48th Avenue and Interstate 70. They plan to turn it into a complex for the unhoused.
The Coalition paid $24 million for the hotel, according to a Coalition news release. It received a $4 million federal grant to renovate it. The funds will be used in early 2023 to upgrade the cooling and heating systems, install a new sprinkler system, add kitchenettes and enhance security on site. The Coalition anticipates opening the building in the summer, making it the 22nd property owned by the Coalition. The Coalition houses more than 4,000 people each night.
The hotel is in “great shape,” Alderman said. Once renovated, it will feature 108 units of supportive housing and 107 units of transitional housing and provide "intensive supportive services" for people experiencing homelessness "who suffer from chronic health conditions, mental health issues, trauma, and other disabling conditions," according to the news release.
Alderman said the City and County of Denver was involved in the planning and acquisition of the property. The project qualified for incentives through the city’s new Affordable Housing Review Team, or AHRT, she said.
The property would require a change in use to operate as a residential healthcare facility serving 101 people or more, according to the PowerPoint. It would not require a change in zoning.
“The Coalition continues to seek out opportunities to create more housing options for those with historical barriers to accessing affordable housing in Colorado, the 8th least affordable state in the country," said John Parvensky, President and CEO of the Coalition. "Transforming this abandoned hotel into 215 units of non-congregate, transitional, and long-term housing will transform the lives of those who become the Coalition’s newest residents in 2023.”
The building will be known as Renewal Village. “Property conversions like Renewal Village bring desperately needed housing resources to the market quicker and at much lower cost than building from the ground up which means we can help more people get off the streets and into safe homes,” Parvensky said. The Coalition also owns the former La Quinta at 3500 Park Ave. and the former Quality Inn and Suites, now known as Fusion Studios, at 3737 Quebec St.