As part of the rezoning, Zocalo and the landowner at 17th & Newton have entered into a Development Agreement with the City of Denver which will ensure that as part of any future development:

  • A minimum of 7% of all for-sale units or 8 units (whichever is greater) are income restricted at or below 100% Area Median Income (AMI) for 99 years with no fewer than 6 two-bedroom units and 2 three-bedroom units.
  • A multi-modal bike and pedestrian path will be constructed through the center of the site, running from Meade Street to 17th Avenue, improving access to Sloan’s Lake Park.
  • All of the rental units will be income restricted for a minimum of 30 years.
    • At least 80% of the units will be below 60% AMI with no fewer than 13 two-bedroom units.
    • At least 15% of the units will be income restricted at or below 50% AMI with no fewer than 2 two-bedroom units.
    • At least 5% of the units will be income restricted at or below 40% AMI with no fewer than 7 three-bedroom units.