The Atrium at Austin Bluffs - Northeast Colorado Springs
Serving the rapidly growing senior population, The Atrium at Austin Bluffs is a project in development. The City of Colorado Springs authorized transfer of the property to Greccio Housing on the condition that it be developed as a senior affordable housing complex. Concepts for this infill development project continue as we match community needs with available funding opportunities. Anticipated project completion Fall 2021!
Plans include service to one of our most vulnerable populations, on-site and service-enriched offerings from Greccio’s Resident Resource team as well as community nonprofit partners, an abundance of community gathering and social activities, low-impact planning for traffic, a roof-top community atrium and garden space, and a small dog-run area for future residents’ furry friends!
October 2020 - Updates
September 2020 - Updates
March 2020 - Updates
Even with the uncertainty of our times, the progress for approval of this project has been remarkably smooth. Approval of plans from both Land Use Review (planning and zoning) and Pikes Peak Regional Building Department, we hope to break ground in the next few months. When plans are finalized and ready to go, we will publish final renderings of the exterior of the building here. Interiors and layout are substantively the same as presented during the public meeting on November 21. We have great partners in this development, and are already receiving inquiries from seniors about when they can move in!
A 3rd party Traffic and Transportation Consultant was hired to professionally analyze traffic impact of the project on the adjacent roadways; the complete analysis can be found here. November 22, 2019 - Updates
November 2019 - Updates
October 2019 - Updates
July 2019 - Updates
January 2019 - Updates
The Arcadia Apartments -North-Central Colorado Springs
One of our smaller apartment communities, the 6-unit Arcadia Apartments were originally acquired in December of 2016. An already-sound building, desired improvements have included a new boiler system for heat, paving of the gravel parking lot, painting the exterior, and conversion of 2 of the units to ADA accessibility. Installation of a new and high-efficiency boiler system have just been completed. The Arcadia ADA upgrade project is generously funded by a City of Colorado Springs Community Development Block Grant. These Improvements will make the Arcadia Apartments a stable, safe, and affordable place to live for another generation.
October 2020 - Updates
July 2019 - Updates
March 2019 - Updates
January 2019 - Updates
Kittyhawk Apartments
After damage from a fire in Spring, 2020, tenants from 26 units were temporarily displaced. Greccio worked diligently to continue to provide housing for all tenants while immediate repairs were made to the complex. Urgent repairs were completed to the complex boilers, providing both heat and hot water, and power was restored to affected units. These efforts allowed tenants in 24 units to return to their homes. Construction is currently underway to rebuild the two remaining units and the complex laundry facilities. Work is expected to be complete late Fall, 2020.
October 2020- Update


Insulation is up and drywall is stocked in the remaining two units.
Clark Mellen
Based on results from a portfolio-wide Capital Needs Assessment, Greccio will replace and upgrade the roofing system at Clark Mellen Apartments. This property was originally constructed in 1900. Work is under contract with a local Colorado Springs roofing firm and expected to take place early in November.
The Ridge - South Colorado Springs
Construction is complete! Residents began moving in, Friday, June 26, 2020.
The Ridge is a funded and approved new-construction project at the intersection of Hwy 115 and S. Academy, in the Broadmoor Bluffs neighborhood. A 60-unit property of 1-, 2-, and 3-bedroom units, The Ridge has undergone a tremendous amount of scrutiny, and has been approved/supported at every level of review. The most recent was a 35-point opinion by District Court, with all 35 points in favor of The Ridge.
With Commonwealth Development as primary developer, and Greccio Housing as minority owner and property manager. Funding is provided through Low Income Housing Tax Credits, local and State investment, and traditional construction and long-term financing.
June 2020- Update
Worthy goals sometime take time – we are excited to announce that after 5 years of commitment, THE RIDGE IS OPEN! Demonstrating very high need for housing, each of the first 2 buildings were 100% occupied within 30 days. The third and final building is expected in December, bringing an additional (10) 3-bedroom apartments to the complex, as well as a business center, rec and exercise area, and host of Resident Resource offerings to ensure support and housing stability for our residents. Many thanks to Commonwealth Development for their commitment to this project and our city!
March 2020- Update
After a brief construction delay several months ago, The Ridge is moving along on schedule now, and will be open for leasing by late Spring or early summer. The buildings are a beautiful addition to a long-vacant site, and brings affordable housing to the community at a time we need it most. Watch our website for updates and for how to join the interest list to make The Ridge your new home!
November 2019- Update
July 2019- Update
January 2019- Update
Rocky Mountain Apartments - Southeast Colorado Springs
Construction is complete! Residents began moving in, Monday, June 22, 2020.
Rocky Mountain is a unique affordable housing development, as it represents the first “Acquisition and Conversion” of an existing office building into 18 NEW affordable housing units. Located to the east of Dunkin Donuts on Bijou and Circle, the 1- and 2-bedroom unit development will offer 2 ADA units, central location, enclosed courtyard with picnic area, playground, a community garden, and a “Grab-N-Go” library. Funding partners will include the City of Colorado Springs, El Paso County Housing Authority, State of Colorado, and Ent Credit Union. The Rocky Mountain Apartments are located in a qualified Enterprise Zone, which means that support of this project through donations are eligible for an additional 25% State Tax CREDIT! Investing in this development is a great way to support affordable housing in our community!
June 2020 - Updates
We are open for business! Rocky Mountain Apartments has officially received a Temporary Certificate of Occupancy and had the final building inspection. The first tenant is moving in! Soon, 18 more families in our community will call Rocky Mountain home.
The Rocky Mountain units are looking less like a construction site and more like a home! The exterior is getting a new coat of paint and the courtyard is beginning to take shape. 18 more families will have safe, stable, and affordable homes very soon! May 2020 - Updates
March 2020 - Updates
Wow – what a transformation! What was previously a hodge-podge of offices with different cabinets and flooring throughout, is taking shape as fresh new apartment homes. Thanks to a range of funders and our dedicated general contractor, TN Parker construction, we are about 60 days away from offering 18 new units to our community. With an enclosed courtyard, playground, community gardens, grab-n-go library (thank you Keegan!), and gated access, we look forward to scheduling our grand-opening and ribbon cutting very soon. Stay tuned for details!
October 2019 - Updates
July 2019 - Updates
January 2019 - Updates
Woodbine Apartments ADA Upgrades
July 2019-Update
As of May, 2019, accessibility and ADA upgrades to the entrance and 4 ground-level apartments is now complete! Many thanks to our construction partners, TN Parker Construction and Tucco Construction; and our primary funding source, the City of Colorado Springs. Special thanks for ongoing advice and consultation by the Independence Center!
March 2019-Update
January 2019-Update
UPCOMING OPPORTUNITIES & FUTURE PROJECTS
-
Having opened 2 new properties in the last few months, and with ADA renovations either recently completed or underway, Greccio is also deeply committed to preserving the affordable housing units in our inventory. A portfolio-wide Capital Needs Assessment was recently completed, and we are working on a multi-million-dollar strategy to care for immediate needs and update and upgrade all of our properties over the next decade. Watch for your chance to join in our effort, especially through the benefit of an Enterprise Zone donation, which generates a 25% TAX CREDIT for you. Make your donation go farther – join in our mission today!
- In partnership with Partners in Housing and the Rocky Mountain Community Land Trust, Greccio and its partners in “GPR Properties III” is nearing final design for 168 new affordable apartments in southeast Colorado Springs. Building on their success of the Bentley Commons Apartments, the new units will consist of 1-bedroom, 2-bedroom, and 3-bedroom units, serving those with modest incomes, veterans, and families in a transitional housing program. Watch for announcements and more information, hopefully coming soon!
-
At least 2 other projects are in development, consisting of up to 200 more units of affordable housing, in additional to hundreds of thousands of dollars in Eviction Prevention rental assistance for those whose housing is at risk due to the economic impact of Covid-19.