This project went significantly over budget, mostly due to land costs. But apologies; I don't know the final numbers! It's been. along time since I reported on this.
Thanks to Wallach for asking cost info: $675 per sq ft, says Adam Goldstone. $20M in construction costs ... that doesn't include what the city paid for land, which I believe is what put them over budget.
Another big issue (always) is traffic. Transportation study projects a 1,542 reduction in daily vehicle trips (91 more in the morning rush hour but 93 less in the evening rush hour; less throughout the day) when this changes from primarily retail.
Forgot to say the retail on-site will be a marketplace, a la Avanti or Rosetta Hall, called Marketplace @ 29th.
And there will be below-market commercial space
Staff is recommending that council approve the project, with conditions. Planning Board's conditions were: submission of more detailed plans related to outdoor lighting, paying for employee eco-passes, utilities, landscaping, shadow analysis, etc.
OK, Macy's. This got moved from Dec. 1 bc not all the council members were here, and a tie vote may have meant a disapproval of the project (and potentially a lawsuit) boulderbeat.news/2020/12/03/abs…
A tie vote is definitely a possibility. Planning Board OK'd it 4-3.
Reminder on what's being proposed:
1900 28th Street
Adaptive reuse and redesign
11,746 sq ft addition plus outdoor space, landscaping and public amenities
Want to increase building height from 38 feet to 51 feet (two to three stories)