I haven't sold yet, I've been analyzing property to get a head start on the 45-day timeline of identifying the potential replacement property (and because I enjoy analyzing property). 

The key is to identify personal property from real property.

For those more entrenched in the Denver development market than I am, is this a fair trade for the city and for the developers?

Central Florida is a solid market with strong rental demand, especially in growing areas like Orlando, Tampa, and Lakeland.Focus on building relationships with local agents, lenders, and property managers—they’ll help you identify good deals.

Identify the need that you can deliver on.Grow: you, your income and opportunities will increase as you continue to do the above.Biggerpocket podcast is a good launch point.

We identified it on the MLS with it's low asking price and nice aesthetics.

First off, has the developer provided you with a term sheet (not a commitment) from a bank showing they'd lend 75% LTC on a mixed-use development?

Plan is to develop and sell the homes.

If you're still in the process of identifying and connecting with a QI, I'd be happy to provide a referral if you're interested. 

The thirty plus year ground lease plus the new capital improvements made to or on the real property leased by the SMLLC creates and represents the new interest in real property that you will be identify and acquire as your replacement property in your 1031 Exchange.