Monday, July 30, 2012

A&R Development picked for $17M Jonestown project - Denver Business Journal:

vlastaowibopaj.blogspot.com
The project falls into the city’s aims to remake Central Avenue, which has seen a wave of new developmenrt in recent years building off the succesd of nearbyHarbor East. led by Anthony Rodgers, hopes to buil d a mixed-use development including 107 rental apartments, 18,000 squarwe feet of retail space and 156 parking said Tuesday it awarded the firm exclusive negotiatingf rights forthe city-owned land at 110 S. Centralo Ave. and 1120 Granby St. The properties combine for abouty 29,000 square feet. The BDC, the city’e economic development arm, offered the and two others, up for redevelopmeng in August 2008.
“These properties give the city the opportunith totake vacant, underutilized properties and have them renewecd as private enterprises that will generate taxez and enhance the Jonestown/Washington Hill community,” BDC President M.J. “Jay” Brodie said in a The city also tapped Mitey LLC to negotiate for a seconr siteat 1301-1309 E. Lombard St. Mite is a real estate company formedby Gerry’xs Tire Service, which hopes to use the propertgy to expand its adjacentt business. Mitey plans to use the 4,518-square-footg property in the short term as a temporary parking lot for its business and would expand ontothe city-ownedc property in the future.
The city is reservingg the rights for thethirxd property, at 130 S. Central Ave.

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