Another automotive repair business along Brighton Boulevard in RiNo has taken the exit.
The owners of Perfection Motors, who have worked on Mercedes-Benz vehicles at 3726 Brighton Blvd. since 2007, have sold their real estate and are closing the business.
George Grubaugh, 63, said he and Perfection co-owner Gary Uhlenbrock are retiring.
The 0.22-acre lot was purchased for $2.15 million, or $230 a square foot, by Perfection Two LLC. That entity is a partnership between Jack Ricci — an architect who is moving into development — and his mother Elizabeth Ricci.
“Our plan right now is to do a nice infill building on that site,” Jack Ricci said.
No development plans have been submitted for the site. Ricci said he’s looking to build apartments with ground-floor retail — “there’s a dearth of ground-floor retail along Brighton” — but that the specifics depend on negotiations with the city over how he can take advantage of the 38th and Blake zoning overlay.
The property is zoned for five stories, but the overlay allows for up to 16 stories to be built if certain requirements are met regarding income-restricted housing.