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Elitch Gardens set for big changes, but the park isn’t going anywhere soon, owner says

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When Rhys Duggan and his partners were discussing plans to purchase the 62-acre property bounded by the South Platte River, Speer Boulevard, Interstate 25 and railroad tracks in central Denver, they called it by the code name “doughnut hole.”

Aside from , the site is mostly surface parking lots surrounded by hip, redeveloped neighborhoods like LoDo and Highland.

Now, with a city-led planning process aimed at creating a long-term vision for the area rounding into shape, Duggan and his partners are releasing their vision for how they plan to fill that hole that they purchased in 2015 with backing from billionaire Nuggets and Avalanche owner Stan Kroenke.

Rest easy, roller-coaster lovers. Elitch’s isn’t going anywhere, Duggan said, though its 17 acres worth of parking lots are slated to eventually be replaced by a single parking structure and new buildings as part of Phase 1 of his project.

Read the full story on denverpost.com.

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