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Development Name: The Current
Development Address: 674 Durham Drive (23 ¾ Road and F ¾ Road), Grand Junction, CO 81505
Executive Summary:
The northwestern quarter of Grand Junction lacks workforce housing of any sort. However, this area hosts thousands of entry level jobs with more on the way. Most affordable housing in the Grand Valley is at the east end, with many lower-paying jobs at the west end. This development pattern is unsustainable. It creates cross-town traffic congestion and contributes to air pollution; it wastes precious time and adds unnecessary automobile expenses for struggling workers.
The Current, presented as the first phase of the 15-acre Confluence Subdivision, will begin to change that. The 54-unit, four-story, all affordable building will provide beautiful and convenient one- and two-bedroom apartments within walking and biking distance of hundreds of jobs, restaurants, medical services, shopping, and a large regional park – a true live, work, play neighborhood. Grand Valley Transit (GVT) bus stops and transfer center enhance mobility throughout the entire valley. Community Hospital, adjacent to the neighborhood, recently opened a new early childhood learning center with slots for over 100 children and plans for future expansion – as well as a new four-story cancer center that will create additional jobs.
The Current will welcome a wide range of households whose incomes range from 30% to 60% of AMI. 38 one-bedroom apartments respond to a sizeable un-met need with 16 two-bedroom, two-bathroom units to complete the offerings. The Current will be available to income-eligible residents of every demographic. The anticipated allocation of 8 Project Based Vouchers will ensure affordability to even very low-income households. Three apartments will be ADA accessible.
The Current will set the standard for a new residential neighborhood known as the Confluence. The building orientation provides stunning views of the Grand Mesa to the east, the Colorado National Monument to the southwest, and the Bookcliffs to the north. The bistro/lobby/lounge/fitness room will welcome informal community interactions, while the beautifully landscaped entry courtyard will beckon residents to join in outdoor activities, both active and restful. Located just west of the newly completed 24 Road and north of the future F ½ Road Parkway, The Current offers easy access to jobs, shopping at Mesa Mall and surrounding centers, top-notch medical care at the recently expanded Community Hospital, all within walking/biking distance as well as access to new stops via GVT local bus services. Canyon View Park, a 114-acre regional park featuring baseball fields, basketball, dog park, grill, horseshoe courts, open space, multi-purpose fields, picnic tables, handicap friendly playground, shelters, skate facility, softball fields, tennis courts, trails, volleyball, and fishing pond is ¼ mile away.
Our most recent development called 2814 was completed in April 2021 and The Current will be very similar in design. We will be working the same builder, architect and engineering firm that developed 2814.
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