The open-air shopping mall, which has about 1.2 million square feet, last sold in 2013 for $124 million.
Bicycle Village, a chain owned by Vail Resorts, did not renew a lease for 25,000 square feet at 2802 S. Havana St.
“I always tell people that small businesses are the frontlines of any frustration or anger pent up from the pandemic,” one cofounder said. “We just deal with how people process it and, unfortunately, it’s more on the negative side.”
Plans, while subject to change, call for 780,000 square feet of office space and about 600 residential units in buildings 8 to 13 stories tall.
“Our mayor chose profit over people,” said two councilwomen, who will ask their colleagues to override the veto at Monday’s meeting.
No plans have been submitted, but the owners said a building would have at least two levels of retail space and some income-restricted residential units.
The city plans to snuff out retail sales, with exceptions made only for hookahs and “premium” cigars.
“It wasn’t in the plan at all, yet here we are,” said XO Gift Co. co-owner Kat Furr. “I saw it was for lease, and kept driving by and had to check it out.”
The City Council moved the start date to 2023 and nixed a suggestion to allow sales at age-restricted and specialty vaping stores.
The Vancouver-based mountaineering brand, which opened a store at 250 Columbine St. in 2018, said it is “committed” to having a Denver location.