Denver hopes to turn former East Colfax strip club into affordable housing
A now-shuttered East Colfax strip club that was the site of a murder two years ago could get new life under a proposal that calls for the city to buy the property for $1.3 million and line up redevelopment.
PT’s II, long regarded as a neighborhood nuisance, was shut down in the past year. Once the city selects a developer later this year, the 7,500-square-foot building could be torn down to make way for an affordable housing project, new retail or nonprofit offices, city officials said.
The City Council’s finance committee on Tuesday advanced the purchase agreement with the property’s landlord, Valentia Building LLC.
“This has been long overdue and I’m just so excited about this,” said Councilman Chris Herndon, who represents the area, before the 4-0 vote. The matter now heads to the full council for approval next month.
The city of Denver has proposed a purchase of the former PT’s II strip club at 8315 E. Colfax Ave. for $1.3 million. City officials are eyeing the property for community-serving redevelopment. Image by Google Maps via The Denver Post.
The city of Denver has proposed a purchase of the former PT’s II strip club at 8315 E. Colfax Ave. for $1.3 million. City officials are eyeing the property for community-serving redevelopment. Image by Google Maps via The Denver Post.