We celebrated the grand opening of Nest56 with partners Pennrose, Rivet Development, and TGTHR yesterday! The 56-unit affordable, supportive housing development is for youth ages 18 to 24 who are experiencing homelessness, many of whom are transitioning out of Denver’s foster care system.

Nest56 offers 56 fully furnished one- and two-bedroom apartments for residents earning 0-50% of the area median income, with five units reserved for those with hearing or vision impairments. The development features modern kitchens, central A/C, spacious closets, oversized windows, and a comprehensive suite of on-site amenities, including laundry facilities, indoor bicycle storage, multipurpose community rooms, private work nooks with Wi-Fi, a community food pantry, and outdoor gathering spaces. Residents benefit from easy access to employment opportunities, retail, restaurants, entertainment, parks, and public transportation within the thriving Denargo Market and RiNo Arts District.

A key component of Nest56 is its trauma-informed, developmentally appropriate supportive services aimed at promoting housing stability among youth and aiding in their transition to independent living. Provided by TGTHR, a Colorado-based nonprofit, these services include case management, behavioral health care, life skills development, individual and family counseling, employment and education assistance, and various community activities. The $27M development also features commercial space for the RedLine Contemporary Art Center and incorporates principles of trauma-informed design, energy efficiency, and ample natural light. Funded by Low-Income Housing Tax Credits and various local and state agencies, Nest56 is part of the larger Denargo Market redevelopment, which will ultimately include over 6,000 residential units and extensive commercial space.

Read more about the project at this link.