The owners of a pair of restaurant buildings in Cap Hill have dropped their bid for a certificate that would make them easy to demolish in the next five years.
7th & Grant LLC, which owns the buildings at 701 and 711 N. Grant St., had applied for the certificate of demolition eligibility in February.
That prompted three nearby residents to file a notice of intent to submit a landmark application for the buildings. Wednesday was the deadline for them to formally submit the application, which if approved would effectively prevent demolition of the properties.
Hal Naiman of Denver-based The Sherman Agency, who represents the ownership entity, informed BusinessDen of the decision to withdraw. Joanna Negler, one of the three residents, confirmed that her group opted not to submit a landmark application because of the withdrawal.
The buildings are home to four restaurants, all concepts from Chef Frank Bonnano: Lou’s Food Bar, Vesper Lounge, Mizuna and Luca. The area where they’re located, known as Governor’s Park, has become a hotspot for large new apartment developments in recent years.
Naiman told BusinessDen in an email Tuesday that 7th & Grant LLC is made up of “Colorado families who have lived in Denver for generations.” He said they’re still exploring selling the buildings.
“The families bought this property in 1974, and because the largest remaining owners are two retired school teachers now in their 70s and 80s, and because of the strong real estate market in Denver, the time is right for them to explore their options,” Naiman said. “They have, however, heard the concerns of some of those who live in the neighborhood and want to take time to have a thoughtful dialogue with them without the pressure of a clock ticking, which would be the case if their application was not withdrawn.”
Because of changes made to the city’s landmark preservation process in late 2019, Naiman and the three residents were required to meet in the presence of a mediator. Negler said she thinks the process worked well.
“I think the process is good,” she said. “I think it makes tons of sense to make the two parties talk.”
Earlier this year, Greyhound withdrew its request for a demolition eligibility certificate for a building in Five Points after nearby residents there submitted a landmark notice of intent.
Meanwhile, the City Council is set to vote May 10 on a landmark application submitted for Denver7’s building at 123 Speer Blvd. The television station wants to sell the structure to a developer who would demolish it, and opposes the application.
Leave a Reply