YALE Development
What is happening at the former Total Gas Station at Yale & I-25?
Proposed Project: A 6-story rental housing/retail project
How would you like to see the Yale & I-25 (former gas station) developed?
Got questions? -
Got answers?
We can always use your help to keep our neighborhood safe.
Please contact our UHNA Board Members:
Debbie Allen, 303-782-4842 or Lee McDonnell, 303-691-2862
to share your views and concerns.
Alternative suggestions to 6 story apartment / retail complex*
Light Rail Parking garage
Senior housing
Office building
Gas Station
"Colorado Lottery Supported" - Open Space Park w/parking
Obtain a traffic study of the area
What is your suggestion?
Project Summary from Mile High Development
The proposed project to be developed on the former gas station site at Yale Avenue and Yale Circle,
adjacent to the Yale light rail station, is a rental housing project that may or may not contain an option
to provide housing units for "workforce housing". Workforce housing is a term that is used to describe rental
housing that accommodates a wide range of potential residents, including nurses, policemen, firemen, teachers,
retail clerks, municipal employees, etc. This is not a "Section 8" housing project or a housing project
administered under any government program. This project will be privately owned and managed by an entity controlled by the Koelbel family. Often, the financing for these types of projects is eligible for Income Tax Credits issued by the Federal Government and administered through the Colorado Housing Finance Authority (CHFA).
The proposed project would contain approximately 50 units of rental housing in one and two bedroom units, with a retail component at the ground floor level. Parking for the retail component would be provided at the ground level in an amount sufficient to totally support the retail uses. Parking for the residential units would be provided in a second level of parking, at the approximate ratio of one parking space per unit, and would meet or exceed City & County of Denver requirements.
The traffic generated by this type of development would be dramatically less than almost any other use currently allowed in the existing B-2 zoning, which would allow most retail uses (including gas station), office buildings, etc.
There are currently 29,000 cars per day traveling on Yale Ave. west of I-25 and 36,000 cars per day on Yale Ave. east of I-25. Since it is anticipated that many, if not most, of the residents would use light rail for their commute to work, we believe that ingress and egress to/from the site would not noticeably change local traffic patterns on Yale Circle or Yale Ave. The additional 50 transit riders per day would easily be absorbed by the light rail system at Yale Station, which was provided by the T-Rex project to accommodate growing regional use, hence the adjacent Park 'n Ride lot, not just local resident use.
NEXT STEPS
Koelbel & Company is ready to make application to the City & County of Denver for a zoning change from the current B-2 zoning to RMU-30(Residential Mixed Use), a zoning category that was specifically developed by the City & County of Denver for sites adjacent to or near transit stations. This proposed re-zoning is consistent with both Blueprint Denver and the Denver Comprehensive Plan, planning documents that were developed over several years, with significant public input, during the implementation of the T- Rex project and consistent with the guiding principles of FasTracks, the metro-wide mass transit initiative that was passed in 2004 by a 58% vote of metro voters.
After the re-zoning request is filed with Denver's Department of Community Planning and Development, there will be two significant opportunities for public input. The first will be a public hearing before the Denver Planning Board at which time any citizen can make a statement, typically 2-3 minutes. This will be followed by a final opportunity for public input at a public hearing before the entire Denver City Council several weeks following the Denver Planning Board hearing. Again, any private citizen can sign up to speak for 2- 3 minutes.
Before any public hearing, the Developer (Mile High Development-George Thorn & Lynn Crist) will make themselves available to answer any questions that are submitted to the Board of the University Hills Neighborhood Association, and will be available to confer with the Board, or a committee of the Board, throughout the process.
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