According to the Denver Business Journal, Glendale-based Forum Real Estate Group has purchased the former Kmart property at the intersection of Monaco and East Evans Avenue, for $10.5 million. The property has sat vacant for seven long years.
Forum has submitted a conceptual redevelopment plan to the city that outlines 375 units of low-density multifamily housing and 15,000-20,000 square feet of retail space.
