The Regional Transportation District’s parking heaps are a few of Denver’s hottest growth spots.
Mile Excessive Improvement and BMC Investments, each Denver-based corporations, submitted plans to the town final month for a brand new nine-story, 196-unit residence constructing on a 3rd of the 4-acre car parking zone for RTD’s Colorado Station gentle rail cease at 4301 E. Evans Ave.
The submission comes eight months after Denver-based Delwest submitted plans to construct residences on the identical spot. The positioning is straight south of the Colorado Heart workplace campus, which consists of a pair of 12-story workplace towers and an extra 13-story one.
A consultant for Mile Excessive Improvement didn’t reply to a request for remark. A Delwest spokeswoman stated the corporate remains to be pursuing growth of the lot.
The competing submittals, nevertheless, is one thing that RTD had anticipated. The transit company follows a particular course of when it receives unsolicited proposals, which includes seeing if different builders are excited by the identical web site.
“Within the case of Colorado Station, a number of builders have expressed curiosity within the web site in recent times,” RTD spokeswoman Tara Broghammer advised BusinessDen through e-mail.
Each initiatives can be income-restricted housing. In any other case, nevertheless, the 2 submissions differ significantly.
Delwest’s plans name for growth of the whole car parking zone. Two 20-story towers would have 315 items apiece. There would even be a six-story, 55-unit residence constructing with just a few townhomes in entrance of it. The buildings would have a complete of 15,000 sq. toes of retail area and 23,000 sq. toes of amenity area, together with 700 parking areas, some reserved for RTD customers.
Mile Excessive Improvement and BMC, in the meantime, are proposing to place a constructing on simply the southwestern nook of the car parking zone. It will include fewer parking areas, no retail area and a smaller amenity providing.
Mile Excessive and BMC have labored collectively earlier than. In September, they broke floor on a 210-unit venture close to the Fitzsimons campus in Aurora. It will likely be reserved for these making 30 to 70% of the world median earnings.
Different RTD heaps round city have attracted developer consideration.
In 5 Factors, native developer Jeff Shanahan is constructing 62 income-restricted condos at 2907-2915 Welton St. after the company solicited proposals. On the Central Park Station, RTD is negotiating with one developer, and a second developer has expressed curiosity in constructing on a separate a part of the station’s parking heaps.
And earlier this month, the transportation company submitted preliminary plans to rezone its forty first and Fox Station car parking zone into one thing with greater density, in anticipation of future curiosity there. The positioning is simply south of the 41-acre Fox Park growth going up the place Interstates 70 and 25 meet.
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