Redevelopment has slowly but surely changed the look and feel of Berkeley's neighborhood center, and the latest space up for a total makeover is at 42nd Avenue and Tennyson Street.
Last week, BusinessDen reports, father-and-son team Brij and Alex Khandelwal bought an almost half-acre lot there for $3.1 million. They're planning a full-scale renovation and new construction project.
That area is currently occupied by Ooh! Aah! Jewelry, Ross Double Bass and inside a 7,000-square-foot warehouse built in the 1930s, Rocky Mountain Driveline. There's also a larger warehouse that spans from 4210 to 4220 Tennyson St. and a rental home next door.
Alex Khandelwal told BusinessDen, “We’ve been interested in Tennyson and the arts district for quite a while and think it’s a great retail corridor in Denver. We want to re-develop the site in context with the character of Tennyson, and the plan is to retain the warehouse property and add a new mixed-use component.”
He also said that none of the current tenants' leases will be renewed when they expire. There are no concrete plans for the site yet, but he did say that they'll keep and renovate the Rocky Mountain Driveline warehouse, but demolish other structures and build something new.
