The Diagonal Plaza at 28th Street and Iris Avenue, one of Boulder’s old and lagging shopping areas may be in store for a change finally. As we’ve seen various shops come and go including Albertsons grocery, a locally controversial mini Walmart, Gart Sports, a used book store, Sports Authority and many others, the one constant is that it’s another “old-school” center (it even has a mini mall) which is in desperate need of updating. In fact, the entire thing should be razed and redeveloped.
Part of the struggle over the years to push forward redevelopment here has been that the 24 acre property is owned by five different companies according to county records.
The most recent attempt to encourage change here comes in the form of a nomination to the federally administered opportunity zone tax incentive program.
The program is designed to create tax benefits and incentives to encourage strategic investments in the zones which become approved for the federal opportunity zone program.
Zachary Epps, GRI®, ABR®, MCNE®, CLHMS®, SRES®,REALTOR®,
RE/MAX Hall of Fame, RE/MAX Platinum Club
I’d seriously enjoy having the opportunity to talk to you about your plans if you’re moving, or if you know someone who is considering a move, and needs some straight answers.