August 24, 2017

City of Denver wants to redevelop ‘eyesores’ on East Colfax

DENVER – The city of Denver has proposed a purchase of the former PT’s II strip club at 8315 E. Colfax Ave., for $1.3 million.

The Denver Post reports that city officials are eyeing the property for community-serving redevelopment.

PT’s II, long regarded as a neighborhood nuisance, was shut down in the past year. Once the city selects a developer later this year, the 7,500-square-foot building could be torn down to make way for an affordable-housing project, new retail or nonprofit offices.

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The property is one of two eyesores that the city’s real estate office and the Office of Economic Development have negotiated to purchase to help kick-start revitalization in the area. The city would use Community Development Block Grant money for the purchase.

City officials also hope to capitalize on increasing interest in the area because of  plans for a bus rapid transit line down Colfax.

In April, the city spent $650,000 to buy 7900 E. Colfax Ave., from Crosscheck LLC, according to property records. The site of a onetime lesbian dive bar now is a vacant parking lot, with the building torn down.

Julie Stern, the city’s housing development officer, told the council committee that a bid request for affordable housing development on that site could be issued this fall. The city also has initiated a rezoning process that would increase the maximum building height from three to five stories

 

DENVER – The city of Denver has proposed a purchase of the former PT’s II strip club at 8315 E. Colfax Ave., for $1.3 million.

The Denver Post reports that city officials are eyeing the property for community-serving redevelopment.

PT’s II, long regarded as a neighborhood nuisance, was shut down in the past year. Once the city selects a developer later this year, the 7,500-square-foot building could be torn down to make way for an affordable-housing project, new retail or nonprofit offices.

 

The property is one of two eyesores that the city’s real estate office and the Office of Economic…

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