A building that once broke ground as Atria at Metro Center has officially opened its doors to older Aurora residents, delivering 222 affordable apartments for seniors. Developer Dominium celebrated the grand opening of The Addie at Metro Center, marking the completion of the project.
The development is near light rail. It is a 55+ community. As reported by Mile High CRE, the project marks Dominium's ninth affordable housing community in Colorado.
The building includes 106 one-bedroom and 106 two-bedroom apartments, with rents restricted for households earning between 30 and 70 percent of the area median income, per Mile High CRE's reporting. Jeff Gerard of Dominium said the community aims to create high-quality, affordable homes where seniors feel comfortable, connected, and supported. Gerard added that Dominium is proud to open 222 new homes in Aurora and grateful to the partners who helped create the community.
A Deep Financing Stack Behind the Project
Getting The Addie built required stitching together financing from an unusually long list of partners. Mile High CRE reports the project was developed with KeyBank National Association, Deutsche Bank Securities Inc., Blackstone, the City of Aurora, Arapahoe County, the Colorado Housing and Finance Authority, Zions Bancorporation, and Colliers Securities. Among those, Blackstone's portfolio company April Housing provided $37 million in Low-Income Housing Tax Credit equity for the project, according to April Housing, bringing the firm's total investment across three Dominium developments to $116 million for nearly 800 affordable apartments.
That kind of layered public-private capital stack has become something of a pattern for major affordable senior projects in the region. Hoodline previously reported on a similar approach in southeast Aurora, where horse stables made way for affordable homes using financing that also drew on the City of Aurora, Arapahoe County, and CHFA. The Addie's construction was handled by WD Construction, and the entire financing structure rests on the federal Low-Income Housing Tax Credit program, which is the largest source of support for building and maintaining affordable housing communities nationwide, per Mile High CRE.
Affordable Senior Housing in Aurora
Dominium is headquartered in Plymouth and has offices in Dallas and other cities; it manages more than 38,000 homes at more than 230 sites.
Amenities and a National Shortage Looming
Inside The Addie, residents have access to a clubroom, theater room, card and game room, library, salon space, and fitness center, along with storage lockers and package delivery service, according to Mile High CRE's reporting. The site also includes two pocket parks, with residents able to reach a private courtyard connecting to one of them. Phoenix-based Todd + Associates is associated with the project, according to Todd + Associates.
Listings advertised up to four months of free rent. Those incentives arrive amid a sobering national backdrop: Senior Housing News reported in June 2025 that NIC MAP data points to a potential nationwide shortfall of approximately 595,000 senior living units by 2030 as construction lags behind the rapidly aging Baby Boomer population.
The Addie's 222 units represent one concrete, if partial, answer to a shortage that researchers expect to deepen in the years ahead.
