Local developer under contract to buy part of Five Points Greyhound property
BusinessDen file photos)
A Glendale-based development firm that recently underwent a generational leadership change is under contract to purchase a portion of Greyhound’s real estate holdings in Five Points.
Corum Real Estate Group President Eric Komppa told BusinessDen Wednesday that his firm expects to close on the 1.15-acre 2420 Arapahoe St. parcel and the 0.54-acre 2301 Curtis St. parcel toward the end of the year.
Eric Komppa
The undeveloped fenced-in lots, at the edge of what is considered Curtis Park, are separated by an alley, and currently used by Dallas-based Greyhound to park buses.
Council president touts rental license plan but industry voices concerns
Guerilla Capturing photo)
Citing a need to broadly overhaul regulation of the city’s estimated 50,000-plus rental housing market, Denver City Council President Stacie Gilmore on Wednesday presented her proposal to institute a license requirement for rental properties to her colleagues.
The Denver Metro Association of Realtors and the Colorado Apartment Association were among those voicing opposition.
Gilmore’s proposal, titled Healthy Residential Rentals for All, would be by far the largest single licensing program in the city, and the largest expansion of required licensing in Denver’s history.
It would obligate landlords to get a license from the city for each of their rental properties every four years, a process that would require an inspection of the property.
Rezoning sought to build seven-story apartment complex in Overland
Denver city documents)
Rezoning has been requested for a site in Overland where a roughly 275-unit apartment complex has been proposed.
A Denver City Council committee on Tuesday forwarded the rezoning request for 235 W. Evans Ave. to the full council without comment or objection.
The roughly 1.9-acre parcel is currently zoned for industrial use, and home to a warehouse. The property is owned by 235 W Evans LLC, which purchased it for $6.15 million in March 2020. That entity is requesting a change to C-MX-8, which would allow mixed-use construction up to eight stories.