Residences on Grand
65 apartments in Glenwood Springs, CO
Residences on Grand is a 65-unit workforce housing community leased primarily to local essential service employees. LB-West acquired the site as a motel and worked with the City of Glenwood Springs to pass an ordinance that streamlined the conversion of hotels to extended-stay lodges allowing longer-term leases. The property is a short walk to public transit and features kitchens, storage, and on-site laundry. 35% of the units are restricted to rents at or below 100% of AMI.
Residences on Grand is a 65-unit workforce housing community leased primarily to local essential service employees. LB-West acquired the site as a motel and worked with the City of Glenwood Springs to pass an ordinance that streamlined the conversion of hotels to extended-stay lodges allowing longer-term leases. The property is a short walk to public transit and features kitchens, storage, and on-site laundry. 35% of the units are restricted to rents at or below 100% of AMI.