A 6.6-acre site in one of the most historic neighborhoods of Denver may soon be seeing new life as a combined residential and office complex.
The site at 50 S. Kalamath Street in the Denver community of Baker contains a massive one-story warehouse that was most recently used by a sports retailer.
That retailer, the Englewood, Colorado-based Sports Authority, once had more than 460 stores in five states. But in early 2016 the company declared bankruptcy.
In the wake of that action, the 215,000 square foot warehouse was closed up and abandoned, and has remained so for the last three years.
Now Westside Investment Partners of Denver has purchased the site containing the warehouse and two large parking lots for $16 million.
The company plans to demolish the warehouse in order to free up space for the new mixed-use project.
A rezoning application for the site will have to first be approved by the City of Denver before any work can begin.
By Garry Boulard