Split Boulder Planning Board OKs Macy’s office redevelopment plan
BOULDER — A plan to redevelop the Macy’s Inc. (NYSE: M) department store in the Twenty Ninth Street shopping area into office space will move forward to the Boulder City Council with the blessing of the city’s planning board.
The board recommended approval of the plan Thursday evening on a 4-3 vote, with those opposing the proposal expressing disappointment over the developer’s failure to include a housing element.
Through a process of “adaptive reuse,” Macy’s, with help from Corum Real Estate Group Inc. and Trestle Strategy Group, wants to transform the aging department store into a…
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