10/19/2026
A big step forward for affordable housing in Manitou Springs. 🏡
123 Manitou Avenue received unanimous approval this week, moving the 50-home affordable housing community designed by STUDIO Architecture another step closer to reality.
Developed by TWG Development, Management and Construction and Paragon Development, the project will bring a mix of one-, two- and three-bedroom homes for individuals and families earning 30% to 60% of the area median income. It will also become Manitou Springs’ first Low-Income Housing Tax Credit development, helping expand income-restricted housing options in the community.
The project transforms the former La Fon Motel site along Manitou Avenue into a new residential community with a clubhouse, playground, dog park and outdoor gathering spaces. A bus stop directly adjacent to the property will connect residents to Colorado Springs, while rooftop solar, efficient building systems and EV charging support the project’s sustainability and energy-efficiency goals.
For our team, it’s exciting to see a project designed around such a clear community need continue moving forward. We’re grateful to TWG, Paragon and everyone who has helped shape 123 Manitou Avenue along the way, and we’re looking forward to what comes next.