Crestmoor Park Controversy
Big uproar over small Denver project set for rezoning hearing Monday [Denver Post]
By Jon Murray
The Denver Post POSTED: 06/07/2015
An experienced developer took what he called a calculated risk last year when he bought a decaying church property next to Crestmoor Park. Peter Kudla plunked down $1.6 million for the east Denver site, financed mostly through a short-term loan, even though it lacked the right zoning for the four-story apartment building he wanted to construct. Still, Kudla figured he’d made a safe bet.
But in the 10 months leading up to a rezoning hearing set for Monday night before the Denver City Council, his plans have hit a swell of opposition, accusations and distrust from well-organized neighborhood activists. It has left a frustrated Kudla hopeful — but not certain — his risk will pay off.
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