A 1980s office building in Pasadena could make way for a mixed-use development.

Developer James Li - through the entity Colorado Holdings, LLC - intends to raze the two-story structure at 150 E. Colorado Boulevard to make way for the construction a 196,000-square-foot building featuring up to 100 residential units and 50,850 square feet of commercial space above 400 basement parking spaces.

The proposed development is designed with a maximum height of 117 feet above street-level.  Renderings show tiered roof heights between two and eight stories, with amenity decks scattered at various sites.

A staff report from the City of Pasadena indicates that project, as currently proposed, exceeds the 90-foot height limit for the site and would need to pursue a variance to gain approval.  However, several existing buildings on surrounding blocks exceed the 117-foot-tall structure planned by Li.

The project was first reported by the Pasadena Star-News.