After receiving pushback from nearby homeowners, the local firm slated to buy a retail site along Colorado Boulevard says it won’t seek to have the site rezoned.

Denver-based Kentro Group, led by the Balafas brothers, says it hasn’t fully determined what it will do with the 7-acre site at 825 S. Colorado Blvd. but will work within the existing three-story zoning.

“We’re still going to try to do something great here,” said Kentro co-founder Jimmy Balafas.

King Soopers has had a store at the site for a half century but is moving a mile south to a building Kentro is developing. The 825 S. Colorado property also includes three smaller retail buildings, plus a host of retail units connected to the grocery store.

Kentro will buy the property from King Soopers’ parent company, Kroger, when th

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