The U.S. Department of Housing and Urban Development
has announced that the South Lincoln Park
homes development in Denver is to be the recipient of
$10 million in public-housing grants. As a part of its
allocation of grants under the federal stimulus program,
the funds will be directed through the Denver Housing
Authority. The Denver Housing Authority previously
announced that it will redevelop the 15-acre area of
South Lincoln at West 10th Avenue and Osage Street. To
include demolishing the current 270-unit complex and
replacing it with 900 new units, the redevelopment also
calls for the placement of a central plaza at Navajo
Street and 10th. Residents of the area are concerned
that the lack of units exceeding 3 bedrooms will force
residents in need of the larger units to leave the area.
The Nichols Partnership, developer of the Spire
condo development in downtown Denver announced
that it does not anticipate that completion of the
development will be stalled due to the recent takeover
of the primary lender for the project by the Office of
the Comptroller of the Currency. The OCC, a federal
regulator of banks shut down Corus Bank on September
11th after the bank failed to raise the capital
necessary to stay afloat. Construction of Spire was
previously interrupted by refusal of another lender to
continue to fund the project.
The Cherry Creek Place Apartments
totaling 141 units at 818-848 Dexter Street sold
recently for $5.9 million, or $41,844/unit. The 100
unit Denver Gardens Apartments at 6801
East Mississippi Avenue also sold recently for
$7,791,000 or $77,910/unit.
Plans to redevelop a portion of the Gates Rubber
Co. factory site at Broadway/Mississippi have
been stalled i since its developer Cherokee Denver has
been unable to secure the financing necessary to
complete the environmental remediation of the site.
Cherokee obtained approvals from the City of Denver and
planned to redevelop a total of some 55 acres of the
former Gates property west of Broadway with 2,500
housing units and substantial commercial space. Trammell
Crow completed 475 apartment units at the southwest
corner of Broadway/Mississippi, but Gates Corp has
reclaimed title to 16 acres at the northwest corner of
the intersection with former factory buildings still
present.
The Lowry Vista redevelopment of the
former Lowry Air Force Base landfill site is moving
forward. The owner, International Risk Group has
applied for approval from the City of Denver of a
General Development Plan of the site on the north side
of East Alameda Avenue between Dayton and Xenia Streets
across from the Windsor Gardens senior apartments. The
proposed development would include some 500 housing
units served by a small amount of retail space. The
site was acquired by IRG from the Lowry Redevelopment
Authority at a nominal price because of former landfill
after it was "capped" to contain asbestos buried there.
IRG specializes in such redevelopments of properties
with hazardous materials/conditions and expects approval
of the plan after review of the ability of the cap to
contain the asbestos by the appropriate state and local
authorities.
The Cherry Creek North Neighborhood Association has
formally opposed the hotel proposed for development on
the site of the Cherry Creek Square
retail complex on the south side of East 3rd Avenue
between Milwaukee and St. Paul Streets. The owner has
applied for a Planned Unit Development allowing a 110
room hotel, but the neighborhood association primarily
objects to the 80' proposed building height in the
context of a current 55' height limit.
The Beauvallon 15-story condominium
building built in 2005 at the northwest corner of
9th/Lincoln is undergoing a $17 million exterior
renovation. The owners association settled a lawsuit
with the developer, Craig Nassi and is replacing the
entire exterior of the building over some 22 months.
Meanwhile, the retail tenants in the building are being
evicted over lease disputes.
The
University of Denver has launched a
bike-sharing program as the new school year starts.
Students and faculty have free use of 20 bicycles stored
at two kiosks near Nagel and Centennial Halls on the
campus. The program was started by students intrigued
by the proposed Denver Bike Share program which is
scheduled to start in the central business district
several months from now.
Transportation Solutions is invites you join in a
hands-on workshop to explore how to apply "Living
Streets" principles in Denver. As part of the final
phase of the Metro Denver
Living Streets
Initiative, this workshop will:
· provide an overview of the EPA's Complete Streets
Task Force report;
· engage participants in discussing local
transportation, health, environmental, and economic
priorities;
· ask break-out groups to design an actual thoroughfare
using Living Streets options, in "The Right of Way Game"
Thursday, October 15
6:00 to 8:00 PM
Schlessman YMCA - East Yale Avenue at South Colorado
Blvd.
Light refreshment and beverages will be served
As a part of its renovation of the streetscape, the
Cherry Creek North Business Improvement District
is replacing parking kiosks with a pilot program
allowing parkers to pay by phone. According to Denver
Council Member Jeanne Robb, the six month test is
designed to determine the impact Pay by Phone will have
on customers, infrastructure management and Right-of-Way
Enforcement. Public Works has established a brief
survey at
www.denvermeter.com aimed at collecting public
opinion on this new option. The website will be open
for comments when the service debuts in mid-October.
To use the service, motorists must first sign up for a
free Pay by Phone account online at
www.paybyphone.com or by calling Verrus at
1-888-480-PARK (7275). Information requested will be
the motorist's mobile phone number, license plate and
credit card number.
Once signed up with a free pay by phone account, users
simply call the toll free number from their mobile phone
and key in the location number that is posted on the
meter or nearby signs and the amount of parking time
desired.
The appropriate total, plus a 35-cent service fee
including the text message reminder cost, will be
charged to their credit card. A history of transactions
is viewable any time the user logs into their account.
The Pay by Phone system also gives citizens a way to
reduce the chance of receiving a parking citation. A
text message reminder can be sent to the user's phone
minutes before their time expires, and parkers also have
the ability to call back and add additional parking time
remotely from any phone.
The City of Denver will start construction in October of
the widening of Cherry Creek Drive South
between University and Colorado Boulevard. The $4.3
million project is scheduled for completion in the
summer of 2010. The street will be a consistent width
with sidewalk on both sides, some 150 trees will be
planted alongside and perhaps a pedestrian bridge will
be built across Cherry Creek near Garfield or Harrison
Streets.
The City is also studying improvements to East
1st Avenue between Steele Street and Colorado
Boulevard. Deaths resulting from pedestrian/vehicle
accidents a couple of years ago near the west end of the
street prompted examination of traffic calming devices
such as added parking, medians, etc. The city
emphasizes that no funds have been allocated yet for
improvements, only this study.