Pinkard Construction, a leading multi-family general contractor in Colorado, celebrated the topping out of the Krisana Apartments in Denver in January. This marks a significant milestone in the construction of the affordable housing complex, which is being developed by Kentro Group, Lexton McDermott, Pinkard Construction, and Lewis Himes Associates.
The Krisana Apartments project will feature 151 units of deed-restricted, affordable housing located on the former Colorado Department of Transportation (CDOT) headquarters site in southeast Denver. The complex will consist of 21 studio, 71 one-bedroom, and 59 two-bedroom apartments equipped with Energy Star-rated appliances, central air conditioning, laundry facilities, a fitness center, courtyard, social room, and secured bike storage area, among other amenities. The apartments will be available to residents who earn up to 60% of the Area Median Income (AMI), with an upper limit of $49,260 in annual gross income for a single-person household or up to $70,320 for a four-person household.
Wood framing for the project was self-performed by Pinkard Frameworks, a recently established self-performance division that offers detailed project assessments and on-site supervision to prevent conflicts and cascading issues that stop construction progress for redesigns. Tony Burke, President of Pinkard Construction, noted that their framing design that prevented conflicts and cascading issues that typically halt construction progress for redesigns.
Burke praised the project and the team for undertaking it. "We are proud to be a part of creating quality, affordable housing options for people in Denver and working to create stronger, more equitable communities," he said. "This is an important step in bringing the Krisana Apartments to completion, and we look forward to seeing the positive impact this project will have on the community."
The Krisana Apartments are expected to be completed in the fourth quarter of 2024. The project has received funding from the City and County of Denver through the New Building Electrification Pilot Program, a part of the Energize Denver Electrification Program. The Krisana Apartments will be 100% electric-powered.
