Under Construction

Lumberyard Affordable Housing

The Lumberyard is a public-private workforce housing community on an 11-acre city-owned site just south of the Aspen Airport Business Center along Highway 82.

Official Website
04.01.26
Start
2029
Completion
277
Units
4
Floors
Scroll for details
Details

38005 Highway 82, Aspen. 4 floors and 277 residences. Broke ground April 2026, completing 2029.

The story so far
Announced 2026 est.
Broke ground Apr 1, 2026
Under construction Oct 24, 2026 est.
Expected opening 2029
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
TMW IntelligenceVerified Oct 24, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
TMW Intelligence

The outlook for Lumberyard Affordable Housing

Timing and similar projects, read from every development in our database.

The Aspen market 3-project pipeline 46 residences and keys across the projects in our database Explore the market →
Pro tools
Compare projectsSide by side with any projectAnalyze the marketPricing and timing
About the project

The Lumberyard is a public-private workforce housing community on an 11-acre city-owned site just south of the Aspen Airport Business Center along Highway 82. Developer Gorman & Company, selected by the City of Aspen through a competitive process, is delivering 277 permanently deed-restricted rental apartments in three four-story buildings, with one-, two- and three-bedroom layouts for households earning 50% to 240% of Area Median Income under the Aspen/Pitkin County Housing Authority. Phase A covers site infrastructure (utilities, roadways, pedestrian and bike links, plazas and a transit station) plus Building 1 with 104 units, assembled from modular units built off site and craned into place to fit the short high-country building season. Buildings 2 (91 units) and 3 (82 units) make up Phase B, which depends on a second financial closing backed in part by a $2.89 million Colorado Middle-Income Housing Tax Credit award.

Companies and contacts

Every firm on Lumberyard Affordable Housing, the office nearest it, and the people who work on it.

Common questions

Frequently asked

Where is Lumberyard Affordable Housing located?

Lumberyard Affordable Housing is located in Aspen.

When will Lumberyard Affordable Housing be completed?

Lumberyard Affordable Housing is under construction, with completion expected in 2029.

Who is developing Lumberyard Affordable Housing?

Gorman & Company, City of Aspen is the developer behind Lumberyard Affordable Housing.

How big is Lumberyard Affordable Housing?

Lumberyard Affordable Housing rises 4 stories with 277 residences.