Denver City Council shot down the city’s plan to purchase and redevelop a former Goodyear auto repair shop near Civic Center.

The plan was to develop the site into affordable housing. But council members were concerned that the purchase would be funded from the city’s emergency capital improvement funds, which currently total $7.4 million.

The property is at 1460 and 1480 Tremont Place.

Lisa Lumley, Denver’s real estate director, said the city was on a tight timeline to wrap the purchase, as the sellers are eager to sell and may walk away from the deal if it doesn’t happen quickly.

Councilmembers Flor Alvidrez and Shontel Lewis called out the purchase for discussion.

“At a time when Denver is in a financial crisis and facing a massive backlog of urgent needs across our city, it is fis

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