Broomfield to review 326-unit affordable-housing proposal in Baseline
Lincoln Avenue Communities’ plan includes 168 family apartments, 158 senior units and an early-childhood center. Parking, financing and formal land-use approvals remain unresolved.
Broomfield City Council will review July 21 a proposed 326-unit affordable-housing project in Baseline that city staff estimates would have a $711,000 annual net negative fiscal impact on city finances.
The 6 p.m. study session is a nonbinding concept review, not an approval vote, the city’s agenda says. Lincoln Avenue Communities is proposing the project at 16453 Peak St., in Baseline’s North Park Filing No. 2 Replat H. It is separate from the previously published Edge View concept.
The plan includes 168 family apartments and 158 age-restricted senior apartments. All 326 units would serve households earning no more than 60% of area median income. An early-childhood center for about 30 children also is proposed. It would be Baseline’s first conceptual proposal for income-aligned, rent-restricted housing, according to the council packet.
The project would partially address the North Park Managed Growth and Development Agreement’s requirement for 1,059 affordable units within the subdivision. The requirement was included in the agreement’s third amendment, approved in 2021, and is based on a North Park plan allowing up to 9,205 homes at buildout, city staff said.
The $711,000 estimate reflects a property-tax exemption during the affordability period, an exemption from construction use tax on building materials, and waivers or reductions of certain review, permit and service-expansion fees. It is a staff projection, not a charge or appropriation approved by the council.
Parking and site design would be addressed in later reviews. The concept shows two five-story residential buildings connected by a parking garage, plus limited surface parking, but the applicant has not provided a final garage-space count. Based on the proposed unit mix, staff said the project ultimately would need at least 413 resident parking spaces, 82 guest spaces, 163 long-term bicycle spaces and 33 short-term bicycle spaces. Staff said the early-childhood center needs more detail, including whether it would be open to the general public.
Financing also is not final. The packet says Broomfield Housing Alliance could issue private-activity bonds and that the project is positioned to use $5.02 million from Broomfield’s 2025 carry-forward allocation and $5.35 million from its 2026 allocation. A 2027 allocation is expected to be similar to 2026. Erie staff recommended that the Erie Town Council assign its $2.65 million 2026 private-activity-bond allocation to BHA. The packet does not establish that all of those funds have been awarded or committed.
The developer held a required neighborhood meeting July 8. If the project advances, it would need a formal Site Development Plan and a public hearing before the Land Use Review Commission. Because the site is under 7 acres, the plan also could be called up for City Council review. No development approval is scheduled for the July 21 concept review.