Demolition for planned $25 million Park Hill project expected to start this month
A handful of buildings along Fairfax Street in the Park Hill neighborhood will come down to make way for a $25 million mixed-use project in the area.
A handful of buildings along Fairfax Street in the Park Hill neighborhood could come down as early as the end of the month to make way for a $25 million mixed-use project in the area, developers said Thursday.
HM Capital Group and others behind the Park Hill Commons development kicked off their project Thursday with a neighborhood party across the street from where they’re planning to add an office building, restaurant and 43 micro apartments and townhomes.
The president of the Denver-based development group, Ben Maxwell, said permits are starting to be pulled to knock down the buildings on the east side of Fairfax Street, between East 28th and 29th avenues. Demolition is expected to begin in late June or early July with construction starting soon after, Maxwell said.
HM Capital Group plans to create a place within walking distance for most of the neighborhood where people could live, work, dine and play. The plans include adding 22 second-story micro studios at the north end of the block, 21 townhomes at the south end and office, retail and restaurant space and a park in the middle.
Longtime residents and business owners in the area are carefully watching the project. Park Hill Commons would be located across from where a small convenience shop, liquor store, Greater Park Hill Community Inc. office, Bikes Together and Hillside Barbers are located.
Evan Moore with Hillside said he feels “kind of wishy-washy” about his new neighbor. On one hand, Moore is worried that the project will take away parking for the longtime barbershop. But on the other, he’s hopeful more residents and shoppers in the area could mean more business.
Business & data reporter Adrian D. Garcia can be reached via email at firstname.lastname@example.org or twitter.com/adriandgarcia.
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