Glendale 180: City to open talks with new developer

Mark Harden ,  

The city of Glendale will negotiate with a new developer in hopes of moving forward with stalled plans for a major entertainment complex.

The Glendale City Council voted 6-0 Tuesday night to open talks with Dallas-based Lincoln Property Co. to build the proposed Glendale 180 project, said Glendale Deputy City Manager Chuck Line.

As originally proposed, Glendale 180 was to have been a $175 million entertainment district featuring several restaurants and bars as well as retail and a hotel, to be built near the intersection of Colorado Boulevard and Virginia Avenue.The city was in talks with Houston-based Wulfe & Co. as the project’s developer.

But the project as proposed met with legal resistance.

Summit Hospitality, owner of the Staybridge Suites hotel within the proposed redevelopment site, sued Glendale in September 2015, alleging that the city had stacked the deck for an earlier election creating a development authority for the project by selling one-square-foot parcels of land to people who were friendly to the city to ensure the measure would pass.

The suit was dismissed by an Arapahoe County judge, but the city canceled plans for a November 2015 election to approve $200 million in bonds to pay for Glendale 180 development.

Meanwhile, the owners of Authentic Persian and Oriental Rugs at 550 S. Colorado Blvd., who objected to their land being used for the project. The city reformulated its plans, removing the rug store parcel from consideration for redevelopment and shaving $25 million off the project cost, bringing it to $150 million.

Then, in July 2016, city officials acknowledged that talks with Wulfe as the project’s developer had ended in late 2015.

At the time, Glendale leaders said they still hoped to go forward with the project with one or more other developers, but there has been little news on the project since then.

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