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City OKs scaled-back redevelopment at 20th and Larimer; Denver Urban Renewal Authority cuts TIF commitment in half
Summary
Denver City Council approved an amended and restated redevelopment plan for the 20th & Larimer block in Five Points, allowing the developer to deliver a retail‑focused first phase while postponing residential construction and halving the public TIF commitment for the initial phase.
Denver City Council on Sept. 8 approved an amended and restated urban redevelopment plan for the 20th & Larimer area in the Five Points/Rhino district after the project developer revised the scope to focus on adaptive reuse and retail while pausing immediate residential construction.
Tracy Huggins, executive director of the Denver Urban Renewal Authority (DURA), told council the project had initially been conceived in 2022 with housing and below-grade parking as core components. Due to market conditions, the developer EDENS proposed a revised first phase that emphasizes retail — including space for a grocer — adaptive reuse of existing Larimer…
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