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Activity Arista This is a 200-acre mixed-use urban development offering 600,000 square feet of retail and 200,000 square feet of office. Arista Place,the town center of the development, offers a 3 block open air mall lined with Class A Office, 4, 5, and 6 stories tall and street level boutique style retail and local restaurant flavor along an 18 foot pedestrian mall. Arista Park, Arista’s central park, features a dancing water fountain, community bandstand and outdoor fireplace. Five Residential Builders are adding 1,500+/- new multi-family residences. Residents are already living on site! · Wien’s Capital Management has leased 9,650 square feet at Office Leasing: · aLoft Hotel at Arista-Starwood Group’s boutique style hotel offering 140 loft-style guestrooms. Groundbreaking took place in April 2008 and opening scheduled for Spring of 2009. · Movie Tavern- offers a dinner and movie concept, was approved by City Council on 10/23/07 for a 1,000 seat 8-screen theater. Construction to begin 3rd quarter of 2008 with completion of the 34,529 square foot building 3rd quarter of 2009. The project is estimated to cost $5.5 million · Velodrome- plans for a 166-meter wooden track with seating for 500 to 1,000 spectators for training and racing of cycling enthusiasts. Timing and cost estimates have not yet been determined. · Contact-Edward Barsocchi, Barsocchi & Company Inc. (303) 827-9670 or Theresa Cohen, Director of Retail Leasing and Sales (303) 991-5997, Wiens Capital Management · $45 million, 6000 seat regional event center home to the Rocky Mountain Rage Hockey and · Disney on Ice, Cirque de Soleil, UFC Fight Night, Bonnie Raitt, Matchbox 20 concerts, home and garden shows, job fairs, health fairs and other community events. See website for upcoming games and events: www.broomfieldeventcenter.com For Suite & Ticket Information call – (303) 991-5982 Broomfield Sports and Entertainment, or (303) 830-TIXS, TicketMaster Residential · Alexan at Arista Trammell Crow Residential, 358 luxury apartment homes under construction. Tenant move-ins have already begun. Contact Kristin Goshorn, Leasing Director (303) 466-7222 · Venue at Arista First phase of 116 unit townhomes on 5.5 acre site currently under construction and first move-in scheduled for summer of 2008. Contact Leigh Ann Bailey or Crystal Donnelly, · Legacy at Arista City Council at Concept Review considered on 02/19/08,158 luxury apartments, six buildings and clubhouse for development on 5.09 acres. The project anticipates breaking ground in late 2008. The estimated valuation is $26 million. Contact Chris Gillies, (303) 305-5600 Legacy Partners Residential, LLC · Arista Live/Work lofts New Design Logic and Sunburst Design Currently under construction first phase includes 13 units and range from 1,600 to 3,000 square feet of space. Four of the 13 units have been pre-sold and first delivery will take place late second quarter of 2008. Contact Jonathan Nassar, New Design Logic (303) 872-0606
This is a 2,650 acre mixed-use project including residential that was approved by the City Council on 01/10/01. The PUD includes up to 14,500,000 square feet for office/retail plus two residential developments. Residential 1,735 acres master planned residential development being done by Pulte Homes Inc.
Anthem Commercial This is a 915 acre mixed use development acquired by McWhinney of Loveland Colorado, in December 2007. McWhinney has planned and developed more than 5,000 acres in several master-planned communities and over 3.3 million square feet of vertical commercial and mixed-use properties throughout the Rocky Mountain region and on the West Coast. No definite plans or timeframe for development are currently in place for Anthem Commercial. Office/Retail Development Contact- Rocky Scott, (970) 593-6511, McWhinney
Northlands (NWC I-25 & Highway 7) Infrastructure of 132 acre site currently under construction for planned 1,100,000 square feet office/retail “Lifestyle Center”. Alberta Development Partners, LLC is the developer of the project, who is doing the redevelopment of Streets of Southglenn in Centennial and 1.7 million square foot Southlands outdoor retail center in Aurora. Land Use Review scheduled for 08/11/08 and City Council scheduled for 09/09/08. Construction on first 250,000 square feet of retail will begin spring of 2008 and opening early 2009. Contact-Joe David and Phil Hicks, (303) 778-6822, David/Hicks & Lampert Retail Brokerage LLC Palisade Park PUD approved in February 2006 for 1.5 million square feet of office/retail planned on 154.8 acres. Residential units planned include 1,000 apartments, townhouses and single attached and detached homes.
Highlands 145 acres mixed-use development to include 609,840 square feet of office and retail. Residential uses feature a variety of housing types with up to 800 dwelling units to include condos, townhomes and cluster housing with rental and ownership opportunities available. City Council approved the PUD on 02/26/08. Contact –Don Edrington, (303) 390-5237, Staubach Company or James Spehalski, (303) 920-9400, Marathon Land Company Seven25 138 acres total-72.7 acres of office and employment, including industrial and 45.9 acres of mixed use commercial. The remainder of the property will be developed for roads and open space. City Council approved the PUD on 10/23/07. Contact Kittie Hook, (303) 312-4265, Fuller Real Estate Preble Creek City Council approved the development agreement on 09/25/07 for 506 acres of mixed-use development allowing up to 1,278 residential units and eight million square feet of commercial and industrial space on 416 acres. There are no PUD plans for the remaining 89 acres. Infrastructure work is anticipated to begin in mid 2008. The Land Use Review Commission on 11/26/07 approved the development plan and preliminary plat and it will now be considered by the City Council. Contact-Garrett Baum, (303) 884-7300, Urban Frontier, LLC Lambertson Farm This is 244 acres of mixed-use development including residential, office and retail. PUD approved by City Council September 2003. Infrastructure work currently underway.
Burger King City Council at Concept Review on 01/29/08 approved plans for a 2,905 square foot restaurant on 1.149 acres. Land Use Review Commission will review project on 06/09/08 and final City Council consideration is scheduled for 07/22/08. Estimated value is $1.6 million. Community Financial Credit Union City Council at Concept Review on 04/01/08 approved plans for a 5,000-6,000 square foot 2-story building with 2 drive-up service banking windows and drive-up ATM on .91 acres. Estimated value of project is $2,250,000.
120th Avenue Mixed-Use Retail This is a 51.39 acre total, mixed-use retail development being done by three developers, to include a Wal-Mart Supercenter on 34.31 acres, 6.56 acres acquired by Drake Real Estate, Northwest Driving Range on 11.23 acres and an additional 4.29 acres of pad sites adjacent to the Super Wal-Mart. Barber’s will vacate facility no later than May 31, 2008 with demolition to begin summer 2008.
This is a 160 acre master-planned retail and office development adjacent to FlatIrons Mall, with 55 acres vacant commercial land available and 100,000 square feet of retail space. PUD approved by City Council in 1999.
Great Western Park Planned Community This is a 237.5 acre site that was approved by Concept Review on 05/15/07 for mixed-use office, commercial and age-qualified residential community on 110 acres. Plan calls for approximately 1,434 units and up to 1.75 million square feet of office and commercial uses. Land Use Review Commission will review the project on 06/09/08 and City Council will consider the project on 07/22/08 The estimated value of project is $51.7 million. · Senior Residential Campus will consist of a large club house, 164 patio home lots, 121 court yard lots, 65 townhome lots, 62 duplex lots and 327 condominium units. · Good Samaritan Campus 111 units are planned in this complex, including 35 units of affordable housing on 10.6 acres. · Multi-story, multi-tenant office campus located on 47 acres · Neighborhood support retail center would consist of approximately 281,000 square feet of development on 12.9 acres Contact Charlie McKay or Gregg Bradbury (303) 469-1873, Church Ranch The Views I at Ridge Parkway I This is a 168,000 square foot Class A, 5-story multi tenant office building. Currently, there is 54,234square feet available. · Resource One leased 5,115 square feet at Views I and expect to move in early spring 2008 · (i)Structure Corporate Headquarters leased 33,767 square feet at Views I building, moved in fall 2006. · Openwave leased 35,477 sq. ft. at Views I and moved in October 2006 · 20/20 Financial leased 20,000 sq. ft. at Views I, moved in October 2006 Contact – Joe Heath (303) 260-4385, Scott Garel (303) 260-4331, Don Misner (303) 260-4358, Frederick Ross The Views II at Ridge Parkway This is a 168,000 square foot Class A, 5-story multi tenant office building. · Brocade Communications (formerly McData Corporation) acquired by Brocade Communications of San Jose California in January 2007. Moved from Views II, 168,000 square feet, to their corporate campus at Great Western Park. Views II building is currently 100% vacant and available. Contact-Ted Harris, (303) 302-5152, Julian Studley Interlocken Advanced Technology Park This is a 963 acre mixed-use award winning Business Park that boasts leading edge major employer companies such as Corporate Express, RF Microdevices, Level 3 Corporation, Sun Microsystems, Vail Resorts, WhiteWave Foods, McKesson HBOC and MWH Global. Interlocken Advanced Technology Park is also home to the Omni Interlocken Resort, a four diamond 390-room hotel and 27-hole championship golf course. · Sirenza Microdevices acquired by RF Microdevices of Greensboro NC, July 2007. RF Microdevices entered into lease and will remain in 40,416 square feet at · Vail Resorts Corporate Headquarters, moved in October 2006 to · VMWare has leased 50,000 square feet of space at · Renewable Energy Systems Contact – David Hart (303) 628-7456 & Chris Phenicie (303) 628-7411, CB Richard Ellis 575 Interlocken Contact-Garrett Baum (303) 884-7300, Urban Frontier, LLC This is a 68.10 acre total land site divided by Hines/Camden Project City Council approved on 09/11/07 a 50.4 acre site, mixed-use development by Hines and · Hines Project: The project will include 450,000 square feet of Class A office, 148,500 square feet of office/hotel (150 room) and 6,000 square feet of retail on 26.409 acres of land. Plans for the first phase Class A 192,400 square foot office were submitted to the city on 04/15/08. The second phase Class A office will contain 240,500 square feet of space and be built at a later date. · · Retail: 24,000+ square feet is expected on the vacant 3.466 acre parcel of land. · Construction has begun on infrastructure necessary (Edgeview Drive-1.603 acres) to build on the site. Contact - David Hart (303) 628-7456 & Chris Phenicie (303) 628-7411, CB Richard Ellis Parkway Circle This is a 48.36 acre mixed-use project that will include hotels, restaurants, banks, fast-food and residential development. Parkway Circle is east of the 432 acre former Storage Technology/Sun Microsystems site that was just purchased by ConocoPhillips for $55.6 million. The Houston-based company will tear down most of the buildings and build a global training center and global technology center. The technology center will be a hub for research and development of renewable energy and carbon-fuels recovery. The number of permanent employees is not known, but the training center will attract thousands of employees annually. Construction is expected to begin in 2009 and completed in 2011 or 2012. · Vantage Point, a 351-unit residential community on 13.4 acres; currently 160 lofts under construction and/or completed and 100 town homes under construction and/or completed with 90 yet to be built. Approximately 100 homes have been sold to date. Contact Matthew McNeill (303) 949-9889, Kentwood City Properties · Terracina mixed use on 9.75 acres. PUD approved on 06/12/07 for 376 apartment units and 40,250 square feet of retail space. Construction currently underway with completion in late 2008 or early 2009. · Catania Apartments, Concept Review on 07/24/07 reviewed a request for 297 apartments on 9 acres located east of 96th Street and northwest of Via Varra. · Hyatt Summerfield Suites, City Council approved PUD on 02/26/08 for a 94,784 square foot, 123 unit 4-story hotel on 2.9 acres of 19.46 acre site. Construction will begin summer 2008 and estimated completion date is early 2009. Total cost of project is $11,677,000 · Cambria Suites, City Council approved PUD on 02/26/08 for 86,140 square foot, 129 unit 4-story hotel on 2.9 acres of 19.46 acre site. Construction will begin summer 2008 and estimated completion date is early 2009. Total cost of project is $10,700,000. · The Overlook District (96th Street, Northwest Parkway and US 36-divided by Via Varra) · Flatirons Central Retail Development Contact-Phil Hicks/David Hicks (303) 694-6082, David/Hicks & Lampert Retail Brokerage, LLC Broomfield Business Center This is a 74.31 acre mixed-use employment center with potential uses for office, industrial, retail and residential development. Broomfield Business Center is northeast of the 432 acre former Storage Technology/Sun Microsystems site that was just purchased by ConocoPhillips for $55.6 million. The Houston-based company will tear down most of the buildings and build a global training center and global technology center. The technology center will be a hub for research and development of renewable energy and carbon-fuels recovery. The number of permanent employees is not known, but the training center will attract thousands of employees annually. Construction is expected to begin in 2009 and completed in 2011 or 2012. · BroomfieldBusiness CenterApartments. City Council at Concept Review on 12/04/07 considered multi-family project on 21.2 acres of 53.7 acre site. Project would include 374 acre dwelling units in 20 apartment buildings, 21 garage buildings and a clubhouse. The estimated value of the project is $56 million Contact Jim Vasbinder (303) 223-2185 or Barbara Myers (303) 223-0496, Etkin Johnson Group Vista Point Business and Industrial Park Land Use Review Commission will consider on 06/09/08 a 22.461 acre site for development of light industrial business park. City Council scheduled for 07/24/08. Contact-Tim Schafer, (303) 469-7367, S & S Development Group CDOT in partnership with the City and County of Broomfield plan to construct the 120th Avenue Connection across US 36 between the intersection of 120th Avenue (SH 128) and Wadsworth Parkway (SH 121) on the west and 120th Avenue (SH 128/US287) on the east. The purpose of the 120th Avenue Connection is to accommodate existing and forecasted east-west through traffic, reduce out of direction travel, and alleviate congestion. The project improvements are scheduled to be completed in three phases. Phase One constructs a new roadway through Arista and the bridge structure over US 36 tying into Wadsworth Boulevard on the north side of US 36. · Funding is in place to design and construct this phase. A contract is in place between CDOT and Broomfield for preliminary design of all phases, and right of way acquisition necessary for Phase I, and work is underway. A second contract will be put in place in the first quarter of 2008 to facilitate the Design-Build of Phase I. · CDOT expects to release the RFP for Design-Build in the Spring of 08, with construction complete in 2010. · RTD is working concurrently to complete bus-only slip ramps adjacent to the Broomfield Event Center, along with a pedestrian bridge and anticipates bus service to be operational in 2010. Phase Two construction continues the 120th Avenue improvements under the BNSF railroad and completing the “connection” at 120th Avenue and Teller Street. · Partial funding is in place for ROW acquisition. Broomfield is pursuing federal funding in partnership with CDOT for completion of Phase II. · It is anticipated that the design and construction of Phase II will take approximately three years. The anticipated schedule is begin in 2010 with completion in 2012, but as noted, this is subject to assembling the funding needed. Phase Three completes the local road system facilitating north/south travel through Original Broomfield. A portion of Phase III is proposed to be included in Phase I work to maximize “best value” of the design-build contract. The timing for the improvements not included in Phase I has not been determined and is subject to funding. RTD is responsible for a key project that is inter-related to the completion of the 120th Avenue Connection. The construction of transit improvements which support the use of the Event Center parking structure as a regional park n Ride must be completed prior to the closure of the existing Broomfield park n Ride. The first phase of the 120th Avenue Connection runs right through the existing park n Ride to connect to State Highway 128 (the location of recently completed intersection improvements). RTD constructed improvements include bus-only slip ramps from US 36, allowing regional buses quick on and off access, a pedestrian bridge linking the two sides of US 36, and a bus turnaround adjacent to parking structure facilitating local bus service to Arista and connections to regional bus service. · The RTD improvements are funded. The improvements are scheduled to be completed in January 2010 to coordinate with the 120th Avenue Connection improvements. The City and County of Broomfield has had a goal in recent years to attract new assisted living/senior housing projects. To date, there have been two projects approved and currently under construction, with three others in the planning phase. See below for information. · Highland Trail at northeast corner of 136th & Sheridan, an 86-unit assisted care/130 independent living project approved by City Council October 24, 2006. Construction has started with first building to be completed by fall 2008. Contact-Holiday Retirement Corporation, (503) 370-7071 · The Stratford at FlatIrons, this is a 230,000 sq. ft. facility with 130 independent living units and 30 assisted living units and 40 memory care units located on 6.83 acres. City Council approved the plans 01/09/07. Construction began in the fall 2007 and will open by summer of 2009. Project located between Wal-Mart Supercenter and Lakeshore Athletic Club in MainStreet at FlatIron. Total cost of project is $70 million. Contact-Sunrise Assisted Living, International Headquarters, (703) 273-7500 · Great Western Park Active Adult Community, this is a continuum of care facility on a 110-acre campus featuring approximately 1,400 units. Good Samaritan Society will provide nursing care, independent and assisted living plans. Land Use Review Commission will review project on 06/23/08 and City Council final consideration is scheduled on 08/12/08. Construction planned to begin in late 2008 with completion and opening planned for late 2009. Contact-Charlie McKay, (303) 469-1873, Church Ranch. · Mountain Terrace, a 90-unit assisted living and memory care building and 26 senior living cottages on 18.19 acres at the southeast corner of Lowell and Midway was approved by City Council on 07/24/07. This is part of a three-phase senior complex to be built on the 20 acre site and construction will begin late fall 2008. Contact–Cliff McKissack, (303) 431-1921, JCM Development · CroftonPark, a 62 unit independent apartment unit/18 single family homes project approved by City Council in 2000. Site work currently underway. Contact-Len McBroom, The McBroom Company, (303) 893-6655 Broomfield Vacancy Rates-May 2008
9.75% 568,968 sq. ft. 5.3% 236,522 sq. ft. 9.15% 447,906 sq. ft. 8.25% 1,253,396 sq. ft.
Building Permits For Single Family Homes First four months 2008: 58
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