Fall Real Estate Conference 2013 - Shinneman
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Fall Real Estate Conference 2013 - Shinneman

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  • GM
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  • Updated 9/16/13
  • Updated 9/16/13
  • Updated 9/16/13
  • Updated 9/16/13
  • GM
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  • Sept 2013 constructionGM
  • Sept 2013 constructionGM
  • Sept 2013 constructionGM

Fall Real Estate Conference 2013 - Shinneman Fall Real Estate Conference 2013 - Shinneman Presentation Transcript

  • SPOTLIGHT ON BROOMFIELD 2013 Dave Shinneman Community Development Director City and County of Broomfield
  • BROOMFIELD AND SURROUNDING AREA
  • BROOMFIELD AT A GLANCE • • • • • • • • • 58,751 Residents (Sept 2013) 33.6 Square Miles 15,316 Completed SF Units (Sept 2013) 8,874 Completed MF Units (Sept 2013) 72 Percent of Housing Units Owner Occupied* $270,500 Median Owned Housing Value* 94 Percent of Housing Built Since 1960* $76,531 Median Household Income* Lowest Crime Rate in history – 43% clearance rate for serious crimes (over twice the national acreage of 20%) *US Census Bureau, 2007-2011 American Fact Finder, Community Facts
  • COMMERCIAL • Est. 15,003,655 Square Feet of Commercial Space (Retail and Non-Retail) • 3,898,201 Square Feet of Commercial in Interlocken • 2,010,407 Square Feet of Retail in FlatIrons Crossing District
  • NORTH AREA LIFT STATION • Major regional sewer lift station is under construction; will be completed by November 2013 • Northwest corner of I-25 and SH 7
  • HHS BUILDING • Site has been selected; design to start late 2013
  • DILLON ROAD/144TH AVENUE • Regional travel corridor • Intersection improvements at S. 120th Street recently completed (eastbound left-turn lane and westbound right-turn lane) • Future intersection capacity improvements (auxiliary through lanes) are proposed at Sheridan Boulevard, Aspen Street, and S. 120th Street. Design funding is proposed in the 2014 CIP budget and construction in the 2015 budget
  • US 36 EXPRESS LANES PROJECT • Express lane in each direction of US 36 for Bus Rapid Transit (BRT), High Occupancy Vehicles (HOV) and tolled Single Occupancy Vehicles (SOV) • New Wadsworth Parkway and Uptown Avenue bridges are open • Separate commuter bikeway along much of the corridor • Phase 1 complete from Pecos to 88th Bridge west of Flatiron Interchanges in January 2015 • Phase 2 to Foothills Parkway complete in January 2016
  • 120TH AVENUE CONNECTION • Provides a direct connection from Interlocken to US 287/120th Avenue • First phases completed in 2010 • Construction of final phase underway in 2014 • Project has been delayed due to issues with BNSF Railroad
  • 120TH AVENUE CONNECTION
  • 120TH AVENUE CONNECTION FINAL PHASE • Utility relocation is underway. Property acquisition is being finalized • Project expected to bid in mid 2014 • Brainard Drive Relocation needs to begin prior to start of 120th Avenue Connection for smaller-span (two track) bridge
  • UPTOWN BRIDGE
  • RESIDENTIAL – NORTH STATE HIGHWAY 7 State Highway 7 - Ten residential development projects around the SH 7 and I-25 intersection
  • PALISADE PARK • • • • Located NW of SH 7 and Huron Street 155–Acre Mixed–Use with Residential and Commercial Site currently includes Childrens Hospital and a Federal Records Building Zoned for: o Proposed 361 units (161 SF and 200 MF) o 1.5 Million SF of commercial o Current Proposal Pending for 161 SF and 186 MF
  • HIGHLANDS (D.R. HORTON) Located NE of SH 7 and Sheridan Parkway (East of Vista Ridge in Erie) • 145-Acre Mixed–Use Development with Residential and Commercial • Site Development Plan under review for 210 SF lots.
  • NORTHLANDS • • • • NW corner of I-25 and SH 7 132-Acre Retail Center Zoned for up to 2.6 Million SF of Commercial 1st Phase – 525 Proposed MF Units
  • ANTHEM FILING NO. 15 (STANDARD PACIFIC AND RYLAND) • Anthem Subdivision, south of SH 7 and west of Sheridan Pkwy • 172 lots – Standard Pacific, Ryland Homes • Approximately 48.4 acres
  • ANTHEM FILING NO. 21 (STANDARD PACIFIC AND RICHMOND) • Anthem Subdivision, south of SH 7 and west of Sheridan Pkwy • 265 lots – Standard Pacific, Richmond Homes • Approximately 106.2 acres
  • ANTHEM FILING NO. 22 (TOLL BROTHERS) • Anthem Subdivision, south of SH 7 and west of Sheridan Pkwy • 387 lots – Toll Brothers • Approximately 150 acres
  • SILVERLEAF (TAYLOR MORRISON) • West side of Lowell Boulevard, north of W. 149th Court • 71 single-family homes • 30 acres
  • RESIDENTIAL - SOUTH
  • AVENUE 120TH APARTMENTS (WASATCH GROUP) • • • • NW of 120th Avenue and Lowell Boulevard Approved Mixed-Use / Commercial Corridor First Recent Residential Project Along Corridor 144 Proposed MF Units
  • HARVEST STATION (WOOD PARTNERS) • Located at Wadsworth Blvd & W. 118th Ave (NE of US 36) • Zoned for 516 units • First Phase Approval – 297 units by Wood Harvest Station, LLC • Future Phase with Commercial and Residential North
  • ARISTA • A Mixed-Use Transit-Oriented Project Adjacent to US 36 • Zoned for 2,583,000 SF of Retail Commercial • Variety of Residential types o Zoned for 2,250 Units o 1,017 Units Approved 682 Units Completed 203 Units Under Construction
  • ARISTA – UPTOWN APARTMENTS (SMITH AND JONES PARTNERS) Uptown Apartments - By Smith and Jones Partners • 272 units (Completed in 2013)
  • ARISTA – VENUE (CENTURY COMMUNITIES) • Venue - By Century Communities • 121 units
  • ARISTA – KB HOMES KB Homes • 62 Paired Homes
  • ARISTA – AMLI APARTMENTS AMLI Apartments • 168 MF Units North
  • DRY CREEK VALLEY BUSINESS CENTER (THE WOLFF) • 360 Apartment units • 13.59 Acres • South of Arista along Uptown Avenue
  • PARKWAY CIRCLE • A Mixed-Use Project Adjacent to US 36 and the Northwest Parkway • 1 Million SF of Commercial Planned o 94,047 SF Completed for Hyatt House Hotel • Approved for 648 MF Residential Units o 551 Units Completed
  • BROOMFIELD BUSINESS CENTER (ALLIED REALTY) • Located SE of the Northwest Parkway and Via Varra • Future Mixed-Use Development – Commercial, Office, Retail • Zoned for 500 Units • Phase 1 - 374 MF Units Approved – Under Construction
  • INTERLOCKEN • Broomfield’s Premier Office Park includes 3 Residential Developments • Two Projects by Camden and One by AMLI totaling 1,107 MF Units
  • INTERLOCKEN – CAMDEN FLATIRONS • NE of Interlocken Blvd and Interlocken Loop • 424 Approved Units – Under Construction
  • INTERLOCKEN - AMLI • 343 Approved Units – Under Construction
  • ROCKVUE (CARMEL) • • • • • Located SW of Coalton Rd and Summit Blvd (SW of FlatIrons Crossing) Situated near the west end of MidCities Mixed-Use Development 1,201 MF Units Approved in MidCities Planed Unit Development 706 Completed MF Units 220 MF Units under construction
  • SUMMIT GREEN (BRINKMAN DEVELOPMENT) • • • • Located SW of Coalton Rd and Summit Blvd (SW of FlatIrons Crossing) Situated near the west end of MidCities Mixed-Use Development 200 MF Units Zoned and SDP Approved No Construction as of September 2013
  • COTTAGES AT WILLOW PARK (CENTURY COMMUNITIES) • Southeast corner of Midway Boulevard and Sheridan Boulevard • 31 single-family patio homes • Approximately seven acres • Under construction
  • THE ENCLAVE AT MCKAY SHORES (TOLL BROTHERS) • Lambertson Farms Subdivision, NW corner of W. 136th Avenue and Kalamath Street • 109 single-family homes • 36.47 acres
  • THE PRESERVE AT MCKAY SHORES (TOLL BROTHERS) • Lambertson Farms Subdivision, NW corner of W. 136th Avenue and Huron Street • 123 single-family homes • 72 acres
  • SKYESTONE PHASE 1 & 2 (TAYLOR MORRISON) • Great Western Park Subdivision, north of Skyestone Parkway, ½ mile west of Simms Street • 125 age-restricted single-family homes as the first phase of a 432-lot subdivision • 36.4 acres • 11,750 sq. ft. clubhouse
  • SENIOR HOUSING
  • AZURA MEMORY CARE • Westlake Manor Subdivision , 13005 Lowell Boulevard, south of Paul Derda Recreation Center • Memory care facility built around Westlake School House on 2.315 acres • 52-bed memory care facility, 26,000 sq. ft. in additional to Westlake School House
  • THE LEGEND AT BROOMFIELD • Mountain Terrace Subdivision, SE of Midway Boulevard and Lowell Boulevard • Assisted Living and Memory Care • 72 assisted living units, 18 memory care units, and 32 independent living duplex cottages • Approximately 10.8 acres
  • 5900 W 120th AVENUE • Located in unincorporated Jefferson County, being serviced by Broomfield utilities • South of W. 120th Avenue, east of Greenway Park and west of Broomfield Banking Center Subdivision • Memory care facility and apartments for seniors on 2.5 acres • 72-bed, memory care building • 2 lots available for commercial
  • BROOMFIELD BUILDING PERMITS 1990-2013
  • COMMERCIAL DEVELOPMENT MAP
  • FLATIRON DISTRICT • 2.1 Million Square Feet of Retail • Home to FlatIron Crossing-Super Regional Mall • Top-notch Shopping, Dining Entertainment District
  • ARISTA • Transit Oriented Development • 200 + Acres of Opportunity • Ability to deliver over 2.6 million square feet of commercial development
  • 120TH CENTRAL • 2-mile central thoroughfare • Over 200 independent and national retailers • Population of more than 300,000 within a five-mile radius
  • 120TH CENTRAL
  • BROOMFIELD INDUSTRIAL AREA • Over 4.8 million square feet of space • New and redevelopment opportunities • Easy access to major transportation corridors
  • BROOMFIELD INDUSTRIAL AREA • Friends Building • Issued Sq. Ft. 15,126
  • BROOMFIELD AT 7 • Brand new retail and mixed-use corridor • 90,000 consumers within 5-miles and growing • Regional connector for north metro communities • 6,205 Residential
  • NORTH PARK • • • • 935 Acres located SW of I-25 and SH 7 Owned by McWhinney Group Planned for High Quality Mixed-Use Development Zoned for: o Up 6,000 MF residences possible o 17 Million SF of commercial development o To include a future town center
  • NORTH GATEWAY REGIONAL TECHNOLOGICAL CENTER • Six mixed-use developments planned in the area • 257 Land, Northlands, Palisade Park, Seven 25, Highlands and Northpark • Over 30 million square feet of development opportunities
  • 257 LAND • 500-Acre Site Located NE of I-25 and E 168th Ave • Future Mixed-Use Development with Mix of Residential, Commercial, Office • Zoned for 2,700 units o 1,200 SFD units o 1,500 MF units
  • QUESTION AND ANSWERS