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Former eyesore “poster child” of sustainability18 May

The head of HUD praised a mixed-use downtown Denver community as the “poster child” for an energy-saving, sustainable development that provides both subsidized and market-rate housing.

Housing and Urban Development Secretary Shaun Donovan said that the Benedict Park Place community on 15 acres at 305 Park Avenue, is a prime example of the type of projects that the Obama Administration wants to see take shape nationwide.

“It absolutely will serve as a model for what we will do across the country,” Donovan told InsideRealEstateNews.com, following today’s press conference last Friday morning.

He said few other government housing projects in the U.S. include all of the “cutting edge” features of Benedict Park, which will include a geothermal system, solar arrays and water conservation measures. It also benefits from its proximity to light rail and the central business district, officials said.

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