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Denver Extends Non-Congregate Shelter Lease at 4849 Bannock Street with $2.75M Funding Increase

  • When: 2025/02/24
  • Address: 4849 Bannock Street, Denver, CO 80216
  • City: Denver
  • State: CO
  • Category: Contract
  • Subcategory: Contract Amendment
  • Subcategory-Type: Extension
  • Asset Class: Specialized Housing
  • Property Type: Non-Congregate Shelter
  • Size (Units): 220 Units

The City and County of Denver approved an amendatory lease agreement with Central Lodging, LLC to extend the lease of the non-congregate shelter at 4849 Bannock Street for an additional 87 days, through March 31, 2025. The amendment adds $2,745,600 in funding, bringing the total contract amount to $13,126,600. The shelter, which offers 220 rooms, serves individuals experiencing homelessness, providing temporary accommodations with supportive services. The contract extension aligns with the city’s strategy to address homelessness through transitional and non-congregate sheltering solutions.

Why it Matters

This lease extension ensures continued housing stability for vulnerable individuals while Denver refines its long-term approach to homelessness solutions. The additional funding supports uninterrupted shelter operations in a high-need area.

Source

Ownership - Central Lodging, LLC


Bruce Rahmani

City Representative - Carolina Flores