The owner of a pair of older office buildings in Cherry Creek has asked the city to rezone the properties to make way for a residential project.
Travis McAfoos, who owns the three-story building at 3400 E. Bayaud Ave. and the one-story building at 121 S. Madison St., submitted a rezoning application earlier this year.
The properties are currently zoned C-MX-5. McAfoos is requesting the lots be rezoned G-RX-5. The current zoning is intended for areas served primarily by collector or arterial streets, while the requested zoning is intended for residentially dominated areas served by local or city streets, according to city documents. Both allow for up to five stories.
The lots are separated by an alley, and form an “L” shape with frontage on both Bayaud Avenue and Madison Street. The structures on them date to 1960 and 1978, per property records. While no redevelopment plans have been submitted to the city for the lots, a website — 3400ebayaud.com — has been set up. It states the McAfoos and Denver-based Nava Real Estate Development want to build a five-story project that would have 150 residential units and 150 parking spaces.
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