DENVER — Evergreen Real Estate Group and Globeville Redevelopment Partners, in partnership with the Denver Public Library and the city and county of Denver, have started construction on 4965 Washington Street, a five-story mixed-use community in Denver’s Globeville neighborhood. The city and county of Denver acquired the development sites in 2019 and 2023, creating a combined total of 2.7 acres.
The $132 million development will transform a city-owned parcel on the site of a former car dealership into housing for families earning between 30 percent and 80 percent of the area median income. The property will feature 170 one-, two-, three- and four-bedroom apartments, with the lower level housing the first permanent Denver Public Library branch in the Globeville neighborhood, as well as a community café owned by Tierra Colectiva. Completion is slated for fall 2027.
Apartments will feature open layouts with modern finishes, including vinyl plank flooring, LED lighting, kitchen with Energy Star appliances, baths with step-in showers and low-flow plumbing fixtures and in-unit laundry. Community amenities will include a fitness center, community room and reading room, along with 50,000 square feet of outdoor gathering areas. Additionally, the project will provide 111 parking spaces, including electric vehicle charging stations.
Upon completion, 4965 Washington Street will be managed by Evergreen Real Estate Group, with preleasing expected to begin in summer 2027.
The transformation is led by Globeville Redevelopment Partners, a collaboration that was selected by Denver’s Department of Housing Stability (HOST) and Department of Finance to redevelop the site. The collaboration includes Chicago-based Evergreen Real Estate Group, Rocky Mountain Communities and GES Coalition. Additional partners include the city and county of Denver, the Denver Housing Authority, Denver Public Library, Milender White, Gilmore Construction, EJ Architecture and John Ronan Architects.