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$45-Mil Multifamily Project Secures Final OK; Construction Starts in March

AURORA, CO-A $45-million, 345-unit multifamily development gets a green light from city council despite community pressure to nix the project. Construction is now clear to begin in March.

By John Rebchook | Updated on October 04, 2000

AURORA, CO-A $45-million, 345-unit multifamily development gets a green light from city council despite community pressure to nix the project.

Monterey Pointe holds the distinction of being the first luxury apartment complex that will be built near the former Fitzsimmons Army Base. The complex is being undertaken by Sandy Metzel of the Denver-based SKM Development Co. on a 28.4-acre tract at E. Colfax Avenue and Sable Street. Construction is now clear to begin in March.

Metzel had been seeking a rezoning in order to advance his development. Many area property owners clearly didn’t want any development while others expressed concern the requested rezoning would lead to heightened traffic. One council member had argued that the rezoning would result in 8,000 vehicles per day, or a 75% increase. The B-4 zoning allows 75-foot high buildings, nightclubs and mortuaries, Metzel says.

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