Denver Post, NOTICE OF PUBLIC HEARING FOR THE PURPOSE OF APPROVING THE AMENDED AND RESTATED IRONWORKS FOUNDRY URBAN REDEVELOPMENT PLAN AND TO CREATE THE PHASE TWO PROPERTY TAX INCREMENT AREA AND THE PHASE TWO SALES TAX INCREMENT AREA Notice is hereby given that a public hearing will be held by and before the Council of the City and County of Denver, Colorado, for the purpose of acting upon an ordinance authorizing and approving the Amended and Restated Ironworks Foundry Urban Redevelopment Plan and creating the Phase Two Property Tax Increment Area and the Phase Two Sales Tax Increment Area. The public hearing will be held in Council Chambers at the City and County Building located at 1437 Bannock Street, Denver Colorado, at the hour of 5:30 p.m. on June 8, 2015. The proposed Amended and Restated Ironworks foundry Urban Redevelopment Plan has been prepared and recommended by the Denver Urban Renewal Authority, which Authority is to undertake the execution of the Plan pursuant to law. The amendment to the Ironworks Foundry Urban Redevelopment Plan adds approximately 1.6 acres in the City and County of Denver, located on the southeast side of Brighton Boulevard between 33rd and 34th Streets, along with a portion of the bordering public right-of-way. A detailed legal description to the Ironworks Foundry Urban Redevelopment Area is available at the Denver Urban Renewal Authority, 1555 California Street, Suite 200, Denver, Colorado 80202. The Amended and Restated Ironworks Urban Redevelopment Plan provides for the addition of a project, creation of the Phase Two Property Tax Increment Area and creation of the Phase Two Sales Tax Increment Area. The Phase Two Urban Redevelopment Project, located on the aforementioned parcel, consists of a proposed 81,000 square feet of hotel, retail, restaurant and event space, and a 305 stall parking structure. The nine story hotel is expected to have 100 rooms, and 26,200 square feet of retail/restaurant space attached or adjacent to the hotel building. The purpose of the hearing is to consider approval of the Amended and Restated Ironworks Foundry Urban Redevelopment Plan, to amend the Urban Renewal Area, add the Phase Two Urban Redevelopment Project as an Urban Renewal Project, and to create the Phase Two Property Tax Increment Area and the Phase Two Sales Tax Increment Area, seeking to eliminate blight and assist with revitalization and redevelopment of the Ironworks Foundry Urban Redevelopment Area in conformance with City plans.
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