DENVER (CBS4)– What was once a popular Denver restaurant and bar on South Broadway will be restored and turned into micro apartments.

The historic building at 1st and Broadway has been empty since 2013 when the El Diablo restaurant closed.

A developer had wanted to turn it into 350-sq. ft. micro apartments. Now it appears the city is ready to move the project along.

el diablo Former El Diablo Restaurant To Become Micro Apartments

El Diablo on Thursday (credit: CBS)

Under the proposal, the City of Denver will give developers a low-interest loan as well as more than $2 million in tax breaks.

In return, the apartments will be set aside as affordable housing for low-income residents.

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s