Tuesday, July 8, 2008

Spotlight on the Esplanade!

Hi today!

Courtesy of Life on Capitol Hill Volume 34, Number 4, July 2008, we found some awesome material!

Firstly, I want to spotlight the 8th and Emerson Project, called "The Terraces." Initially, this space was slotted to be a community garden project, where there would be a variety of flowers and botanical beauty, called the Denver Urban Gardens, or Emerson Community Gardens.

In concern with urban development, it could be seen as an oasis, much like Governor's Park, or even a small version of The Denver Botanic Gardens. The owners of the property passed away, and the interest passed to a trust, making way for Priam Development to build Multi-Family homes, ranging from 1,500-2,000 square feet, with three buildings. Negotiations are out there to approve all three buildings. Read the article here.

This project is still in the approval stages. Mid-July is the hope for final approval of the development. I believe that this property was listed by Fuller Commercial Real Estate. Here is a photo of the current state of the property:
Also from Life on Capitol Hill, St. Charles Town Company has done some interesting transactions, in the past 5 years, on Colfax. The Lowenstein Theatre, home to Twist and Shout, a neat movie house, and home to the Tattered Cover Bookstore, it has purchased several for MS-1 (Main Street-1) zoning. Read about the development here, called The Esplanade.

Developer Charlie Woolley has plans to redevelop the area between 15th and 16th on Josephine, home to the Church in the City and Sunmart.

The new location for Church in the City will be the 1897 Beth HaMedrosh Hagodal Synogague, currently being remodeled for the move.

It has been vacant for many years, reports LOCH. Here is a photo of the remodel.

The project is slated to be under way this summer, with preliminary razing of structures happening in the first few months of 2009. It is also contingent on negotiations with the current tenants, Colorado Free University, Church in the City, and Sunmart.

Here is a mix of vintage, old, and new- the Pinnacle towers overlooking City Park.




More on this, as soon as I find out. Thanks for reading!

Ed Martin
Showcase Properties Unlimited
303-875-4450
Serving the Apex of Denver
eamart1@yahoo.com

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