COLORADO SPRINGS, Colo. (KOAA) — Silver Key says the City of Colorado Springs has approved its new affordable senior housing development.
Silver Key says they acquired a 1.223-acre site along North Weber Street near North Nevada Avenue and Fontanero Street.
According to Silver Key, a bus stop will be located along the site for people who live there. They say the following services and amenities are all located within two blocks:
- a hospital
- grocery store
- shopping center
- extensive trail system
Silver Key proposes to develop 49 affordable senior housing units, 47 of which will be one-bedroom, and the others will be two-bedroom.
Officials say the project is designed for low-income seniors who are 62 years or older. They also say it aims to address a housing shortage for seniors in the area.
Silver Key says they're hoping to secure finalized plans and financing by mid-2026.
___
Upgrades underway for Colorado Springs' Rock Island Trail
The Rock Island Trail is getting major upgrades on the east side of Colorado Springs, with construction underway to fill in missing sections and make the route safer for walkers, runners, and cyclists.
____
Watch KOAA News5 on your time, anytime with our free streaming app available for your Roku, FireTV, AppleTV and Android TV. Just search KOAA News5, download and start watching.
