Excerpt from:  Denver Real Estate and Community News
.
August 28, 2006

Elich's Land May be Open for Urban Redevelopment

With Six Flags Inc. shopping Denver's Elitch Gardens as part of a six-park portfolio, the downtown site's future is up for grabs.

Does it make more sense for the high-profile 75-acre Central Platte Valley parcel to remain an amusement park, or is it prime for redevelopment into urban housing and office complexes?

That is the question posed for the land Elich Gardens currently resides on.

Developers see a better use for the land. City officials remain neutral. Industry experts and analysts say the park is profitable and should continue to be so as the industry grows.

There is no doubt that the area bordering Elitch's is booming, with high-end housing projects such as the Glass House and Art House residences commanding top dollar. But it was a different story in the early 1990s.

To read the full article from the Denver Post; click on the link below.

by Jim Theye
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