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Affordable Housing Development, Feasibility Analysis, and Developer Selection

Winter Park, CO

The Town of Winter Park experienced a lack of rental and for-sale affordable housing due to the pressure on real estate prices from the resort economy.  The Town purchased a nine-acre site to develop affordable housing, but had not proceeded with a project due to community debate regarding the target market and depth of demand for an affordable product.  EPS conducted a market analysis to help determine the program for the site including the appropriate mix and tenure of the project.  EPS also assisted the City in the preparation of a Request for Proposals for the site, and in the developer selection and negotiation process. 

 

 

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