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Page 14 — COLORADO REAL ESTATE JOURNAL — March 18-March 31, 2015
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Boulder County & U.S. 36 Corridor
by Jill Jamieson-Nichols
Developers of the first mixed-
use redevelopment in Louisville’s
Highway 42 revitalization area are
looking toward the next phase,
which will include the city’s first
“woonerf.”
DeLo (Downtown East Lou-
isville) is proposed to include a
“living street.” The European con-
cept combines a street with public
space where pedestrians co-exist
with bicycles and cars, which are
slowed by traffic-calming mea-
sures, such as narrowing and
curves.
The approximately 14-acre
DeLo property formerly housed a
concrete batch plant.
“The concept is to take this
blighted area in the middle of this
otherwise incredibly vibrant com-
munity and repurpose it,” said
Justin McClure of DeLo LLC,
who is developing the site with
partners Richard Brew and David
Waldner.
More notable than creating the
city’s first woonerf is that DeLo
would transform a former indus-
trial site, said Troy Russ, city direc-
tor of planning and building ser-
vices. “Going from a brownfield
to a redevelopment site is themost
unique aspect of this,” he said.
The property is located along
the east side of the Burlington
Northern Santa Fe railroad tracks
and west of Highway 42, between
Griffith and South streets. Infra-
structure for the first phase, 55
townhomes and 1,500 square feet
of office space, is underway. Lou-
isvilleCityCouncil thismonthwill
consider a final subdivision plat
and planned-unit development
for the second phase, to include an
additional five townhomes, along
with 130 apartments and 32,066
sf of office/retail space, including
5,000 sf of restaurant space front-
ing the Cannon Street woonerf.
If approved, the project would
be built out by late 2016.
With DeLo and other projects
in the Highway 42 revitalization
area, the city’s vision is to cre-
ate development compatible with
downtown Louisville and adja-
cent neighborhoods, and devel-
opment that is oriented toward
future Regional Transportation
District investment in public trans-
portation.
As part of its plans, DeLo will
invest some $10 million in public
infrastructure,includingthewoon-
erf, Nawatny Greenway (named
for Louisville’s founder) and Cale-
donia Plaza, said McClure, who
also is developing Steel Ranch in
Louisville. DeLo also will include
a pedestrian underpass beneath
the railroad tracks for access to
downtown.
The project is part of a build-
ing boom occurring in the north-
east quadrant of Louisville, where
some 1,000 residential units have
been built or approved over the
last four years, according to Russ.
Residential development is under-
way at Steel Ranch, which will
include 482 units and 50,000 sf of
commercial space, andNorthEnd,
which will have some 350 units
plus 60,000 sf of commercial space.
In addition, Center Court Village,
with about 40,000 sf of retail space,
including an Alfalfa’s store, will
have 111 apartment units. s
DeLo will include a greenway named for Louisville’s founder.
A view of DeLo’s pedestrian gateway