Oct 3, 2019
Renovations completed on Tammen Hall, offering 49 income-restricted apartments in the Five Points/Uptown area
City officials today celebrated the grand opening of Tammen Hall, an adaptive reuse project that provides 49 income-restricted apartments for qualifying seniors age 62 and older.
Located adjacent to the St. Joseph’s Hospital campus at 1010 E. 19th Ave., Tammen Hall is one of the first projects to receive funding from Denver’s dedicated Affordable Housing Fund. The apartments are restricted for senior households earning up to 60 percent of the area median income (up to $39,000 for a single-person household).
“We’re committed to providing housing stability for our residents at all income levels, including seniors,” said Mayor Michael B. Hancock. “Tammen Hall is a historic landmark because of its contributions to the architectural and historic value of the neighborhood, and it’s an honor for us to protect that history all while advancing one of our highest priorities as a city – affordable housing for our senior residents who need it.”
Developed by MGL Partners and Solvera Advisors, with extensive support from the city, state, Saint Joseph Hospital and SCL Health, Tammen Hall has served the adjacent medical campus for many years. The eight-story building was built in 1930 and originally served as a nurse dormitory for Children’s Hospital and was later converted to medical office space. The building was designated a Denver historic landmark in 2005 and has stood vacant over the past 15 years.
The 52,000-square-foot building includes one- and two-bedroom units, common areas on the first and top levels, exercise room, courtyard, and a rooftop patio for residents.
Denver Economic Development & Opportunity provided $735,000 in gap financing, which ensures an affordability period of at least 40 years. Other public financing partners include the State of Colorado, Colorado Housing & Finance Authority and the Denver Housing Authority.
Approximately 59 percent of the property’s units have been leased and 19 residents have already moved in. For leasing information call 303-963-5046.
Tammen Hall is the latest city-supported affordable housing development to open in Denver. A total of 1,216 affordable units that have received city financing are currently under construction and an additional 850 income-restricted units are in the planning stage.