Post suddenly withdrew an offer to pay $14 million for East Village, a 199-unit project that the Denver Housing Authority wants retained but upgraded. Webb also doesn't believe that another Atlanta-based company, the Integral Group, is the right partner for DHA. Integral Group currently is in the early stages of a $65 redevelopment of Curtis Park under a federal Hope VI project. Several neighborhood leaders near East Village say they have heard Integral might step into the development void left by Post's departure. An Integral official says the group has never discussed East Village with the city or the DHA, but would consider it if the city asks.

"Integral has its hands full with Hope VI," Webb told GlobeSt.com "And Post is doing great with (the $100 million redevelopment of) St. Luke's." St. Luke's was a vacant hospital complex before being redeveloped by Post.

"I think it is healthy for everyone involved that Post pulled out. The city is very supportive of Post, or we wouldn't have given them $3.5 million (as a subsidy) for St. Luke's. They are not the right developer for East Village," explains Webb. He said East Village's redevelopment needs to meet housing needs of working people who can't afford to live in Denver as well as low-income residents.