It is with great pleasure that we announce the opening of the Trails at Lehow in the Denver suburb of Englewood, CO. This five-story 82-unit affordable community was developed by the Cohen-Esrey Development Group (CEDG) and is its first project to be completed in Colorado. The $36 million property is financed with tax-exempt bonds, affordable housing tax credits, and funding from Araphoe County and the Division of Housing. The Trails at Lehow was built on a challenging irregular shaped four-acre site and has a multitude of amenities including a community room, fitness center, computer lab, picnic and barbeque area, playground, dog run, dog wash, and bicycle room. Bike trails are in the immediate area, a bus stop is within 200 feet of the property, and a Sprouts Grocery Store is a five-minute walk away. Unit interiors have plank-style flooring, Energy Star appliances, washers and dryers in each unit, large closets, and a pantry. One-bedroom units are 658 square feet and rent from $633 to $1,397. Two-bedroom units are 995 square feet and rent from $788 to $1,669. Three-bedroom units are 1,298 square feet and rent from $902 to $1,919.

 

Englewood is south of the Denver Central Business District near the suburbs of Littleton, Highlands Ranch, and Cherry Creek. It’s just east of the famous Red Rocks Park and Amphitheatre. The town had a 2020 population of 33,659 and is situated at an elevation of 5,381 feet. The recorded history of Englewood began in 1858, when gold was discovered on what came to be called Little Dry Creek by William Green Russell, an early settler of the High Plains. Two years later, Thomas Skerritt, considered to be the founder of the city, established a home in the area, which was called Orchard Place. Four years later, the first road connecting Denver and Orchard Place was created by Skerritt himself, using his own plough. In 1879, the first telephone arrived in the area. A great period of change for the city occurred in 1948; 2,500 acres on the Platte Canyon were purchased, and soon McLellan Reservoir was created. This ensured water independence from the powerful Denver Water, and in fact, Englewood provides water to most of the south metro area now due to its vast, early established water rights. Soon after, the city embarked on a huge building boom; most of the city was in fact built up by 1960. In 1965, City Park was sold to make way for Cinderella City, the largest mall west of the Mississippi River and one of the largest in the world when it opened in 1968. The developer provided the funds to create a vast city park network to replace the single City Park on which the mall was built. About 30 years later, the city demolished the defunct mall to make way for a new, transit-oriented development that would also contain a new Civic Center, library, and the relocated city hall. The RTD completed its southwest light-rail corridor in 2000, and established passenger rail transit in Englewood.

 

Chris Watkins (2023) is the Property Manager and Dawn Boyer (2022), is the Regional Manager. Jennifer Fields (2024), is the Property Accountant and Garrett Cook (2022), is the Accounting Assistant.