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BOULDER –  — To the delight of some major employers who worry about the lack of workforce housing, the Boulder Planning Board on Thursday night approved a $50 million mixed-use development in the heart of Gunbarrel.

The board voted to allow The Wolff Co. — an Arizona-based investment firm — to move ahead with longtime plans for “Gunbarrel Center.”

The project, which could still be called up by the City Council before the deal is final, is planned to sit on more than 9 acres of land just east of King Soopers at Lookout Road and Gunpark Drive. It would include 251 residential units and 50,000 square feet of commercial space.

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