The owner of the La Loma site in Jefferson Park gives a straightforward reason for why he went back to the drawing board for his proposed 15-story project there.
“I did not like the design that I had,” said Yitzchak Tessler, head of New York-based Tessler Developments.
Tessler Developments owns the block formed by 26th and 27th avenues, and Bryant and Alcott streets, where Mexican restaurant La Loma once operated. The company submitted an initial development plan to the city in 2015, and a representative told a reporter in early 2016 that the project could break ground by the end of that year. Construction, however, never began.
Behind the scenes, Tessler was switching architects. Shears Adkins Rockmore drew up the initial plans. But OZ Architecture produced the new version, which BusinessDen reported on last week.
In an interview last week at Atelier at University Park, the 273-unit apartment complex his firm just completed by the University of Denver, Tessler pointed out one design aspect of the La Loma project that changed from Plan A to Plan B.
“I’m providing something that I really personally like,” he said. “That every bedroom, living room has its own window.”
That necessitated fewer square feet and fewer units, he said.
The previous plans called for more than 700 units, all apartments, while the new version will have 642. Tessler said the unit count isn’t final, but that he expects about two-thirds will be condominiums.
The extent to which condos have been built in Denver has been closely watched, as lawmakers have tried to mitigate a dry spell attributed to concerns over litigation.
“I think the need for condos outweighs the fear,” Tessler said.
The project plans still needs city approval. Tessler said he hopes to break ground in June and that construction would take about 28 months.