Boulder’s High Mar opens

Share

Highlights:

  • High Mar first affordable senior housing in Boulder 32 years.
  • Grand opening tomorrow.
  • High Mar has 59 units.
High Mar

High Mar

Boulder Housing Partners will celebrate the grand opening of High Mar, the first fully affordable senior housing built in the City of Boulder since 1982, tomorrow, Tuesday, June 24. The program begins at 4 p.m. “We’re incredibly grateful for our financial partners, the City of Boulder and our neighbors who have embraced this much-needed asset,” said Betsey Martens, executive director of BHP.

“Because of those friendships we can offer this beautiful place to live for people who have very few alternatives in the current market,” she added.

Residents began moving into the $12.2 million, three-story, 59-unit apartment community on June 16.

The building is expected to be fully occupied by the end of July.

Located in South Boulder at 4990 Moorhead Avenue, near Table Mesa Drive and US 36, High Mar offers a sustainable living environment, excellent amenities and convenient access to public transportation.

The one and two-bedroom apartments have full kitchens, private balconies or patios, a washer and dryer and covered parking spaces.

Apartments are built to the standards of Enterprise Green Communities and the City of Boulder Green Points programs.

A 130Kw solar array is installed on the roof and carports.

Resident amenities include community wi-fi, several furnished common areas such as a library and an internet café, bicycle racks and community gardens.

A variety of enrichment and wellness programs will be offered by BHP’s resident services team.

Each resident will receive a free local and regional bus pass to take advantage of nearby transit stops and the Table Mesa Park N Ride. High Mar is near the Boulder public train system.

Tenants must be at least 55 years old and income-qualify, as eligibility is based on earning 40 to 60 percent of the Area Median Income. Monthly rents range between $632 and $1,172, not including utilities.

Eligible incomes range from approximately $20,000 per year to $51,900 per year.

Financial partners for High Mar  include the City of Boulder, State of Colorado Division of Housing, Colorado Housing and Finance Authority, Boston Capital and Wells Fargo Bank.

In addition to Martens, those scheduled to speak include:

  • Andrew Shoemaker, Boulder City Council;
  • Angela McCormick, Chair, Boulder Housing Board of Commissioners;
  • Lauren Schevets, Development Manager, Boulder Housing Partners;
  • Patrick Burke, Boston Capital.
  • And High Mar residents

Several one and two-bedroom apartments will be open for tours.

For more information:  www.boulderhousing.org/content/high-mar

Interested in buying a home in Boulder? Please visit COhomefinder.com. Have a story idea or real estate tip? Contact John Rebchook at JRCHOOK@gmail.com. InsideRealEstateNews.com is sponsored by Universal Lending, Land Title Guarantee and 8z Real Estate. To read more articles by John Rebchook, subscribe to the Colorado Real Estate Journal.

Share Button

John Rebchook

John Rebchook has more than 30 years of experience in writing and communications. As the Real Estate Editor for the Rocky Mountain News, he wrote about residential and commercial real estate for 26 years. He has won numerous awards for business stories and columns that he wrote, both as an individual and part of teams. In addition to real estate, he also covered economic development, banking and financing, the airlines, and cable TV for the Rocky. In addition, he was one of the original freelance writers for GlobeSt.com, covering commercial real estate for the Internet publication.

More Posts - Website

Thank you to our sponsor

Our sponsor has made it possible to bring you this real estate resource for free. Please drop them a note and say thank you, and keep them in mind for your real estate needs.

Copy Protected by Tech Tips's CopyProtect Wordpress Blogs.