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Post editorial supports RedPeak

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Last week, members of  No High Rise in West Highland and RedPeak Properties separately met the Denver Post editorial board regarding plans for five-story, luxury apartment buildings proposed to be constructed in the heart of Highland Square.

Today , the Post ran an editorial in favor of the zoning that allows the buildings on three parcels north of West 32nd Avenue on property that RedPeak has under contract.

Under the headline, City must honor its zoning code, the Post urged councilwoman Susan Shepherd not to introduce an ordinance that would down-zone the three parcels, which are on Meade Street, Lowell Boulevard and West Moncrieff Place. This week, the West Highland Neighborhood Association urged Shepherd to introduce such legislation, even though other council members say it is unlikely she would get the 10-vote super-majority for it to pass. The No High Rise group also has repeatedly asked for Shepherd’s decision on the downzoning, which some members note is long-past her self-imposed deadline.

“Shepherd should resist this idea, as even the threat of down-zoning would be a terrible precedent…Downzoning would send tremors though the business community and signal that Denver’s zoning laws could be shredded or challenged according to political convenience,” the Post editorial said.

The editorial went on to say that “concessions and adjustments” offered by RedPeak have not satisfied “critics at No High Rises in West Highland.” RedPeak, for example, is considering lowering the height of the luxury apartment building on Moncrieff to four stories. The Post editorial said members of the No High Rise group “appear to exaggerate, beginning with their name. Since when is five stories a “high-rise?”

To read the entire editorial, please visit this link.

Note: There is a poll embedded within this post, please visit the site to participate in this post's poll.

The post Post editorial supports RedPeak appeared first on Inside Real Estate News.


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