The firm purchased the 0.92-acre site in 2019 for $6.5 million, and it’s building 348 units with 14,000 square feet of retail and restaurant space.
The building first proposed for 2nd Avenue and Adams Street in early 2020 would still be five stories, but feature 22 dwellings instead.
A seven-level glass tower dispensing vehicles will rise on 1.53 acres at 4700 E. Evans Ave. next to I-25 after the City Council rezoned it.
The proposed future of the college campus in South Park Hill also involves residential development by the Denver Housing Authority.
Three nearby residents filed a notice of intent to submit a landmark application last month that if approved would have prevented their destruction.
Sale prices have soared in recent months but the higher valuations are mostly based on a period predating the pandemic.
The city wants more non-residential development in the neighborhood south of downtown but Alpine Investments said there was too much “uncertainty in the office leasing market.”
The private college chain plans to cease operations on 25 acres in South Park Hill this summer.
The company, which accused its lender and title company of breach of contract and fraudulent concealment, still plans to build the Mighty Argo Cable Car.
The undeveloped fenced-in lots used to park buses at the edge of Curtis Park are planned to become three-story apartment buildings with 189 units.