What is SVED?
The Sun Valley EcoDistrict Trust (‘SVED’) is a master developer entity structured to lead the district implementation and sustainable redevelopment of Sun Valley: a neighborhood in West Denver. Sun Valley is a formal city recognized neighborhood with a compact census tract of .64 square miles bound by Colfax Avenue and the Broncos Stadium on the north, Federal Boulevard on the west, 6th Avenue and the light industrial district on the south, and the South Platte River on the east. Sun Valley is Denver’s lowest income neighborhood and home to only 1,492 people. The majority are residents of DHA’s 333-unit, distressed public housing site located at the heart of the neighborhood. Other neighborhood residents live in Mercy Housing’s homeless transitional housing, Decatur Place, and a small number of single family homes.
SVED will lead the comprehensive, district-scale redevelopment, with a commitment to delivering projects with a social return and benefit focus. Initiatives will include efforts and projects related to housing, youth and education, international food, micro-business services and space, youth, park and open space, and district infrastructure and energy. These SVED initiatives will build upon existing community assets and cross-sector partnerships in order to lead a comprehensive development process and successful revitalization.