Overview
- The city held a ribbon-cutting Tuesday and opened the 155-acre site for daylight, passive recreation such as walking and jogging.
- Officials confirmed Westside Investment Partners is slated to receive 165 acres near Denver International Airport after fiber optic lines limited development on the original 145-acre parcel.
- City documents said an appraiser concluded roughly 32 additional acres were needed; Denver added 20 acres and adjusted cash to keep each side’s value at $12.7 million, including $11.8 million directed to the airport and the remainder to Westside.
- The FAA requested time until Nov. 21 to review the extra 20-acre disposal, citing “numerous abnormalities,” and noted the initial 145-acre transfer has already occurred.
- Denver set aside a contingency payment of more than $1.5 million in escrow if the 20-acre conveyance is blocked, as several council members criticized being informed after the Oct. 2 closing, and major park upgrades depend on voter approval of Ballot Issue 2B with about $70 million earmarked.