Latest news with #KairoiResidential
Yahoo
27-05-2025
- Business
- Yahoo
Residents take ‘Save Belmar Park' fight to court after large trees were cut down nearby
DENVER (KDVR) — Residents are not backing down from a fight over a development near Belmar Park after several large trees were cut down at the property. The development was unanimously approved by the Lakewood Planning Commission on May 7. Once complete, the site will be home to a 400-unit apartment building, just off the edge of the park. Residents involved with Save Belmar Park Inc. submitted a petition with nearly 9,000 signatures to stop the development in March last year, but the development is still moving forward. Migrating miller moths soon to fill Colorado: What they are, how to get them out of your home On Monday, May 12, residents gathered at the construction site to protest the construction company, declaring that the company would destroy Belmar Park, after many established trees were cut down. The development work is being conducted by Kairoi Residential. Save Belmar Park Inc. is alleging that Patrician Mellen is acting as legal representation for Save Belmar Park Inc. and was unable to get on the county court docket until 1 p.m. 'By that time, 59 trees were killed,' Save Belmar Park Inc. said in a news release. On Tuesday, there will be a hearing in Jefferson County District Court to see if Kairoi can continue to cut down the trees near the border of Belmar Park and continue construction activities, or if the preliminary injunction will remain. 'The pillaging of the trees was a hostile act both towards the trees and those who sought to preserve them,' asserted Save Belmar Park Inc. in a release. 'They were obviously not killed because of any need at this point related to the development, but instead they perished due to a cocky 'we'll show you' attitude. The message is clearly 'the ball is in our court now, you disgruntled tree huggers.'' In a post on the city's website, Lakewood defended the planning commission's vote. 'The property owner has a property right under the law to develop the property as long as the development meets the zoning requirements,' the city said. 'As a result, the Planning Commission's decision is based solely on whether the site plan meets the zoning requirements. The commission cannot base its decision on personal preferences for the development or whether the community likes or dislikes the development.' The city said that it understands the community's concerns, but that 'the developer does not need the city's permission or a permit to remove trees from the property.' Bandimere is aiming to open a new drag strip in Weld County However, the city has required that developers include: 8,600 square feet dedicated to parkland next to the park that involves a historic pumphouse and preserves the viable trees 174 trees to be planted 2,054 shrubs to be planted, rather than the required 179 shrubs 7 trees to be preserved on the development's property The city also said that no trees were ever to be removed or affected in the adjacent Belmar Park, and that there is a $415,200 mitigation fee 'to compensate for removal of 66 trees on the development's property,' which will pay for tree and shrub plantings in Belmar Park and planting of trees in Ward 3, where the development is located. Demolition of the existing building on the property began in March. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
30-03-2025
- Business
- Yahoo
Texas developer building out pipeline in Charlotte area
Texas multifamily developer Kairoi Residential's latest Charlotte-area project is closing in on a construction milestone. Kairoi is about 60 days away from going vertical on a 274-unit apartment community at 9911 Monroe Road in Matthews, said Tyler Sibley, the firm's principal of development. Kairoi filed building permits earlier this month with Mecklenburg County totaling more than $5 million for construction of the structure's shell and core, county records show. READ: Long-awaited portion Little Sugar Creek Greenway reopens Construction began in November, and Sibley said crews are wrapping up underground utility work and building retaining walls along Monroe Road. Next up is pouring the foundation and framing the buildings. The first units are slated to deliver in April 2026, with full completion expected next fall. Kairoi's first Charlotte project was 5Line, a development in lower South End with 434 apartments and 82 townhomes. Sibley said Kairoi has several other local projects in the pipeline, including one at 650 State St. in Charlotte's Seversville neighborhood. Read the full story here. WATCH: Long-awaited portion Little Sugar Creek Greenway reopens
