Two New Communities.

One Shared Vision.

Two thoughtfully designed communities that will provide high-quality, affordable housing for local families and individuals near transit, jobs, and neighborhood services.

The Greenwood Colorado Apartments and 2K Colorado projects will together create 297 affordable homes in Pasadena, helping address the region's housing needs while revitalizing underutilized commercial properties along the Colorado Boulevard corridor. Together, the projects will provide new homes, community amenities, landscaped open spaces, bicycle facilities, and thoughtfully designed architecture that supports a more vibrant and inclusive neighborhood.

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Greenwood Colorado Apartments

Location: 1976 E. Colorado Boulevard Pasadena, California

Overview:

A new six-story affordable housing community proposed at 1976 E. Colorado Boulevard in Pasadena. The community will provide 154 affordable homes for low-income households and include landscaped courtyards, a children's play area, community gathering spaces, on-site management, bicycle parking, and resident amenities. The project replaces an aging commercial property with new housing designed to serve Pasadena families and residents. 

At a Glance:

  • 154 affordable apartment homes

  • One-bedroom, two-bedroom and three-bedroom residences

  • Homes for households earning 30%–70% of AMI

  • Community room and shared laundry facilities

  • 77 on-site parking spaces

  • 26 bicycle parking spaces

  • Children's play area 

  • Two elevators

  • Energy-efficient design and drought-tolerant landscaping 

Anticipated Timeline:

  • Construction start: February 2027

  • Completion: December 2028 

2K Colorado

Location: 2000 E. Colorado Boulevard Pasadena, California

Overview:

A new six-story affordable housing community proposed at 2000 E. Colorado Boulevard in Pasadena. The project will transform an underutilized commercial property into 143 affordable homes designed for low-income households, with new resident amenities, open space, bicycle facilities, and on-site parking. The development is designed to complement the surrounding neighborhood while expanding housing opportunities near jobs, transit, and community services. 

At a Glance:

  • 143 affordable apartment homes

  • Homes for households earning 30%–70% of AMI

  • Six-story residential building

  • Resident lounge/gallery

  • Community amenity room

  • Landscaped courtyard

  • 64 parking spaces

  • Bicycle parking

  • Energy-efficient building design

Anticipated Timeline:

  • Construction start: November 2026

  • Completion: September 2028

Both developments are designed to address Pasadena's growing need for affordable housing while creating attractive, sustainable communities for residents.

Key benefits include:

  • New affordable homes for local families and individuals

  • Proximity to jobs, schools, transit, and neighborhood services

  • Family-friendly amenities and outdoor gathering spaces

  • Sustainable building practices and energy-efficient design

  • Drought-tolerant landscaping and water-saving features

  • Accessible homes designed for residents of all abilities 

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