7 TO 70 D EVELOPMENT I S A CCELERATING ALONG THE N I-25 C ORRIDOR ! - - PowerPoint PPT Presentation

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7 TO 70 D EVELOPMENT I S A CCELERATING ALONG THE N I-25 C ORRIDOR ! - - PowerPoint PPT Presentation

Aug 27, 2022 539 likes •1.36k views

7 TO 70 D EVELOPMENT I S A CCELERATING ALONG THE N I-25 C ORRIDOR ! WHY NORTH I-25 CORRIDOR? WHY NORTH I-25 CORRIDOR? Land, Land, and more Land! Transportation Improvements Workforce Housing starts NEW TO THE CORRIDOR

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‘7 TO 70’ DEVELOPMENT IS ACCELERATING ALONG THE N I-25 CORRIDOR!

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WHY NORTH I-25 CORRIDOR?

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WHY NORTH I-25 CORRIDOR?

  • Land, Land, and more Land!
  • Transportation Improvements
  • Workforce
  • Housing starts
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NEW TO THE CORRIDOR

Recent Relocation and Expansions

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The mission of ACED is to attract, retain, and service primary employers in Adams County

  • 501(c)6 private, nonprofit organization
  • Services offered:
  • Site Selection
  • Incentive Negotiation
  • Enterprise Zone Tax Credit Administration
  • Unique, innovative workforce development program
  • Planning and Regulatory Assistance
  • Suite of services for the Existing Business Community

ACED – Who We Are

ABOUT ACED

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ABOUT ACED Target Marketing Areas

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NEW CLASS A INDUSTRIAL DEVELOPMENTS IN UNINC. ADAMS COUNTY 2.5M Square feet of NEW Industrial Developments!

  • Crossroads Commerce Park (52nd and I-25): 1M SF
  • CenterCore (57th and I-25): 249K SF
  • Hub 25 (62nd and I-25): 421K SF
  • Central 62 (64th and I-25): 124K SF
  • Prologis Park Central (62nd and I-25): 700K SF

NEW CONSTRUCTION

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NEW REDEV NEW REDEVEL ELOPME MENT OPPOR OPPORTUNT NTIES

FORMER ROCKY MOUNTAIN PRESTRESS SITE 5801 PECOS ST.

  • 60 Acres
  • Former Heavy Industrial Use
  • Sold to Westfield Co. for $41M
  • New development called Pecos

Logistics Park

REDEVELOPMENT OPPORTUNTIES

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NEW REDEV NEW REDEVEL ELOPME MENT OPPOR OPPORTUNT NTIES

PAULINO GARDENS 6300 BROADWAY ST.

  • 6.5 Acres
  • Former Commercial Use
  • Sold to Prologis for $12m
  • New Class A Industrial Park

REDEVELOPMENT OPPORTUNTIES

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NEW REDEV NEW REDEVEL ELOPME MENT OPPOR OPPORTUNT NTIES

PROJECT FLATIRON

  • 40 Acres
  • Former Use ?
  • New use: Class A Industrial Park

REDEVELOPMENT OPPORTUNITIES

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PLACEMAKING AS AN ED STRATEGY “Competitive communities understand the importance of investing in community assets that contribute to a high quality of life and quality of place.”

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CLEAR CREEK VALLEY

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CLEAR C CRE REEK V VALLE ALLEY

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OPPORTUNITY ZONE

Created in 2017, the Opportunity Zone program is designed to spur private investment and economic development in areas designated as Opportunity Zones. Colorado has 126 OZs and Adams County has 9 OZs.

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ADAMS COUNTY OPPORTUNITY ZONES

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Next Steps for the Opportunity Zone program

  • Adams County Government has created the

Opportunity Zone Taskforce

  • ACED is developing a countywide prospectus

to market commercial and industrial

  • pportunities to potential investors
  • Adams County OZ Matchmaking Event

OPPORTUNITY ZONE

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CONTACT INFORMATION

Tricia Allen, Acting President O: 303.453.8520 E: TAllen@AdamsCountyED.com

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LOCATION, LOCATION, LOCATION

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DEMOGRAPHICS

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DEMOGRAPHICS

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MARKETPLACE

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RE-INVIGORATE RE-ENERGIZE ENTERTAINMENT & DESTINATION LOCATION

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KARLS FARM

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60-ACRE GREENFIELD

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  • Allows for a compatible mix of commercial and/or multifamily
  • Uses can be either vertically or horizontally integrated within a well-connected

street grid

  • Allows for both for sale and for rent units to allow housing for a wider variety of

income levels

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  • Allows for a mix of general commercial and service uses
  • All exterior walls to have 30% (min.) masonry
  • Pedestrian plaza to provide enhanced gathering area
  • Buildings along 120th located to screen parking and drive-thrus
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CIVIC CENTER

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CIVIC CENTER AREA I-25 & 120th Ave.

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E.B. RAINS JR. PARK

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CIVIC CENTER MASTER PLAN

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www.northglennciviccenter.org

CIVIC CENTER MASTER PLAN

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REC CENTER/SENIOR/THEATRE

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Parks & Events Arts & Theatre Strong History

CELEBRATING 50 YEARS

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Debbie Tuttle, Economic Development Mgr. & NURA Executive Director 303-450-8743 dtuttle@northglenn.org

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Key Development Areas and Opportunities

Economic Development Officer Chris Gray

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Westminster Economic Development Office Focus Areas

  • Business Attraction
  • Existing Business Support
  • Development/Redevelopment
  • Affordable Housing

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Key Development Areas – North I-25

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Key Development Areas – North I-25

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North I-25 Corridor

  • St. Anthony North

Health Campus

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North I-25 Corridor

Orchard Town Center

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North I-25 Corridor

Current Development Activity

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Key Development Areas – 120th Avenue Corridor

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120th Avenue Corridor

Maxar Headquarters

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120th Avenue Corridor

Park Centre Business Park

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120th Avenue Corridor

Available Land for Development

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Why the North I-25 Corridor?

Park 12 Hundred

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Key Development Areas – Westminster Station TOD

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Westminster Station TOD

Westminster Station

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Westminster Station TOD

Westminster Station TOD Vision

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Westminster Station TOD

Available Land

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Westminster Station TOD

Westminster Station

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Westminster Station TOD

Alto Affordable Housing Project

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Key Development Areas – Downtown Westminster

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Downtown Westminster

Downtown Vision

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Downtown Westminster

Current Projects

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Downtown Westminster

Projections

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Downtown Westminster

Projects Underway

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Downtown Westminster

Site Plan

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Downtown Westminster

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Alamo Drafthouse Eaton Street Affordable Housing

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Key Development Areas – US 36 & Church Ranch

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US 36 & Church Ranch

Westminster Westin

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US 36 & Church Ranch

Circle Point Corporate Center

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US 36 & Church Ranch

Current Projects + Available Land

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US 36 & Church Ranch

Westminster Promenade

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Key Development Areas – US 36 & Wadsworth

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US 36 & Wadsworth

Westmoor Technology Park

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US 36 & Wadsworth

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Ball Corporation Headquarters

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US 36 & Wadsworth

Current Projects + Available Land

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Thank You!

Chris Gray Economic Development Department City of Westminster 303-658-2112 cagray@cityofwestminster.us

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THANK YOU!!