Goodyear once operated in the building at the corner of 15th Street and Tremont Place. (Thomas Gounley/BusinessDen)
Denver wants to buy a former Goodyear shop near City Hall so housing can be built at the site.
Mayor Mike Johnston’s administration is asking the City Council to approve spending $2.5 million to buy the shuttered auto repair facility at 1460-1480 Tremont Place.
“By acquiring these properties now, the city will be able to work with a pre-qualified housing developer to bring much-needed affordable housing to Upper Downtown,” city documents state.
Documents indicate that a request for proposals, or RFP, to develop the 0.29-acre site would be issued after the council signs off on the deal.
In May, the Johnston administration began an effort to identify and prequalify a group of developers to later participate in “mini-bid” opportunities to build income-restricted housing on individual city-owned sites.
The site at the corner of Tremont Place and 15th Street is valued at $3.1 million by the Denver assessor. Marcus & Millichap began marketing the property for sale after Goodyear closed in 2024.
Goodyear once operated in the building at the corner of 15th Street and Tremont Place. (Thomas Gounley/BusinessDen)
Denver wants to buy a former Goodyear shop near City Hall so housing can be built at the site.
Mayor Mike Johnston’s administration is asking the City Council to approve spending $2.5 million to buy the shuttered auto repair facility at 1460-1480 Tremont Place.
“By acquiring these properties now, the city will be able to work with a pre-qualified housing developer to bring much-needed affordable housing to Upper Downtown,” city documents state.
Documents indicate that a request for proposals, or RFP, to develop the 0.29-acre site would be issued after the council signs off on the deal.
In May, the Johnston administration began an effort to identify and prequalify a group of developers to later participate in “mini-bid” opportunities to build income-restricted housing on individual city-owned sites.
The site at the corner of Tremont Place and 15th Street is valued at $3.1 million by the Denver assessor. Marcus & Millichap began marketing the property for sale after Goodyear closed in 2024.
