The empty lot at 2000 S. Holly Street is finally set to rise from its dormant state. Denver City Council has given the final green light to sell the property to KRF Holly, LLC, transforming a decades-long vacancy into a massive residential complex.

This approval unlocks the construction of 225 market-rate apartments alongside a dedicated senior housing component ranging from 50 to 80 units. The deal closes at $243,000, a price point that signals the city's intent to accelerate housing production in this corridor.

The transaction moves the needle for Council District 6, where the new development will introduce over 300 new households to the neighborhood. While the specific architectural footprint remains under development, the scale of the project suggests a significant shift in the streetscape, replacing single-use or vacant land with high-density living spaces.

This filing concludes a review process that began in late 2017. The Committee on Housing and Community Development approved the filing on December 12, 2017, clearing the path for the full Council vote before the January 22, 2018 deadline.

Residents wishing to track the next phase of this development or attend future hearings can visit Denver City Hall or monitor the legislative details online at denver.legistar.com.