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)
155,136 sq ft of office space
7,730 sq ft of retail “marketplace”
West side of the building will be “pulled in” by 30 feet, basement level daylighted, create a plaza space along the western facade and two interior “lightwell” spaces, roof deck
30% will be open space
Sidewalk will be added, bike street on Walnut widened
Carr is reminding council that they have to approve or disapprove this project based on very specific criteria.
Council disclosing ex parte communication — that is, anything they've learned, anyone they've talked to, outside of these public meetings. This is standard for development projects.
Young brings up housing on the site, which Macy's says it can't do “even with the Use Table changes that were enacted during the moratorium period, the challenges of this site preclude the development of a meaningful and economically viable residential development. ...
"Due to unique site and zoning constraints and Macy’s commitment to adaptively reuse the existing structure to create a more sustainable project and reduce carbon emissions, it is not feasible to incorporate residential uses into the proposed project.”
Instead, they are offering to pay the full linkage fee rather than taking credit for the existing uses on site. That's a difference of some $3M, which goes to affordable housing.
Macy's further argues that adding office space to the area will further mixed-use goals, since most of the area is retail, and Two Nine North Apartments are literally across the street.
From the notes: After this project is done, the mix of uses in the area will be
40.5% retail
26.7% residential
23.5% office
5.2% restaurant
4.1% theater
(1.18M sq ft total)
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.
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.