Wal-Mart Stores Inc. backed out of a controversial development that would have put one of its stores near the former University of Colorado Hospital campus in Denver.
The announcement was made Tuesday and is a major victory for residents who opposed the planned development just off Colorado Boulevard. In a statement, the company said that it would "continue to evaluate other opportunities to serve Denver-area customers and expand access to affordable groceries." Residents near the proposed site voiced opposition at community meetings and with yard signs that lined neighborhood lawns.
The developer, Jeff Fuqua, said he needed public funds to help pay for demolition and infrastructure, a plan at least two Denver City Council members said they wouldn't support.
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