Shea Properties converts empty DTC office into 143-unit affordable housing project, Lofts on Monaco

  • 8/26/2026

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Denver Business Journal

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Highlights
Shea Properties converted a vacant Denver office building into 143 affordable apartments.
The conversion cost about $57.2 million, or roughly $400,000 per unit including soft costs.
The building has achieved 35% occupancy within weeks of its June opening.

Shea Properties
Greg Anderson | SVP, Multifamily Development
Shea Properties
John Kilrow | SVP, Colorado Development

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