Presbyterian Manor is planning a major expansion next to its venerable 11-story tower on Arapahoe Avenue, directly across the street from the Boulder Public Library’s main branch.
Planning is in its early stages, with costs and design still unknown, said Mark Liebetrau, who chairs Presbyterian Manor’s board of directors. Construction is unlikely to start before 2028, he added, and unresolved issues could still derail the project altogether.
The proposal calls for a new three-story building with about 60 units. Like the existing apartments, the new building would serve independent, low-income seniors earning no more than 60% of Boulder’s area median income, or $63,000 for one person. The first floor would include covered parking, among other uses. The mix of studio versus one-bedroom apartments is not yet known…