Meeting minutes pertaining to the redevelopment of Colorado Blvd and 8th and 9th Avenues
Update on 9th/Colorado Redevelopment
• Robb and Sussman were not comfortable moving forward with TIF; questioned whether it would add new sales or just redistribute them; wanted more residential on the site (more pocketbooks); not as mixed use as an urban development should be – predominantly retail;
Possible structuring of site:
• King Soopers is only a possibility, not an inked deal; they may be able to go with a smaller space and open space to the north for senior housing
• keep the skeleton in place so that no matter what happens in the future, as plans change, stores change, we have the urban design guidelines to create a space that we’re proud of
Possible other tenants, in addition to King Soopers, hotel, Alliance apartments
• Natural Grocers, Home Goods, Larkburger, deli, natural pet foods store, Chase Bank
• most small, local businesses will be last to come in
8th & Colorado – Trader Joes coming to corner; slated to open in Fall 2013
Brief summary of potential financial restructuring of 9th/Colorado Upcoming Public Meetings
• another public meeting (Jan?) where DURA will come
• still working toward finalizing the redevelopments; no definitive time lines yet; Mayor’s Office will host next meeting
Questions & Answers
• Trader Joe’s parking: store front will be on Colorado Blvd with parking in rear; currently planning for more parking than they expect to need; a 14,000 SF space, which is smaller than most grocery stores
• 7-11 store at 13th & Colorado (small medical clinic)
• the site is currently zoned for business, so can go from one type of business (medical) to another (7-11) without a rezoning application; 7-11 has to address the impact of its store on adjacent properties; public comment period closes tomorrow