Hello,
Many have asked, here is what the SPEHA Board Knows --
Regal Theatre, S. Monaco St. Pkwy. The owner has notified the other property owners at the former Gart property site that the theatre will be torn down. The property owner, Realty Income, Inc., told us the reason is to prevent vandalism and liability. In the meantime, a commercial broker told us that the property will be put up for sale.
TownePlace Suites, S. Monaco St. Pkwy. About a month ago, the property owner requested the Association’s consent to convert the extended stay facility into 112 multi-use apartments. Apparently, Marriott no longer will maintain its brand on the facility due to “neighborhood decline.” The owner informed us that it can either convert to multi-use apartments or accept a lesser brand, such as American Extended Stay. The Board rejected the owner’s proposal to convert to multi-use apartments.
Chili’s Grill, S. Monaco St. Pkwy. Chili’s has requested our consent to some exterior improvements. We will try and meet with the owner to inquire what its long-term plans are for Chili’s.
Big Pile of Dirt parcel, S. Monaco St. Pkwy. Nothing to report, except we heard that the owner of Regal Theatre objected to the use of this parcel as a childcare facility.
Cherry Creek Dentistry, S. Monaco St. Pkwy. We have met with the owner, who informed us of the dire condition of the Gart site due to the homeless and transients that constantly travel through the property.
Provolino’s, 3563 S. Monaco St. Pkwy. This new restaurant is set to open soon, and we are excited to welcome a new restaurant in the neighborhood for all to enjoy.
Embassy Suites, 7525 E Hampden Ave. We have recently heard that Embassy Suites has been purchased and will be converted to a temporary family homeless facility that will house both homeless and migrants until they can find permanent housing. Salvation Army is expected to manage the facility. A community Information Meeting is scheduled for December 16, 2023, at 10:00 am, at Hamilton Middle School Cafeteria.
24 Hour Fitness, 7400 E Hampden Ave. The 24-hour fitness in the Whole Foods shopping center is planning to vacate the business center. We are not sure what will go in its place, but it is another location leaving our community.
Obviously, the Board is concerned about the recent developments and the homeless problem that has material and adverse effects on our neighborhood. We have discussed this problem at numerous Board meetings. Our goal is to encourage the overall development of the former Gart Property in a manner acceptable to the Board and its members and create a safe environment surrounding our neighborhood. The problem is to find a developer that can aggregate the other owners in an overall development plan. Our next Board Meeting is on December 13, 6:30-8:00 pm at a place yet to be determined. We want to get your feedback on these matters.
The SPEHA Annual Meeting is scheduled for Wednesday, January 31, 2024, at Southmoor Elementary School, 755 S Magnolia Way, starting at 6:30 pm.
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