Page 40 —
COLORADO REAL ESTATE JOURNAL
— September 21-October 4, 2016
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FIND OR SUBMIT AN EVENT
World Cup and Olympic
Champion Lindsey Vonn will
serve as the keynote speaker for
A-List 2016 – In Pursuit of Excel-
lence.
A-List, held annually by the
Aurora Economic Development
Council, brings together more
than 2,000 business, civic and
political leaders to celebrate the
economic successes of Colorado.
The event will be held Oct. 27
from 6 to 9 p.m. at the Wings
Over the Rockies Air and Space
Museum.
s
Denver officials joined pub-
lic and private sector partners
recently to cut the ceremonial
ribbon commemorating the
opening of the Garden Court
at Yale Station, Denver’s new-
est affordable housing devel-
opment. Located at 5151 E.
Yale Circle, the project features
66 income-restricted units for
low- and moderate-income
households.
Developed by Koelbel and
Co. and Mile High Develop-
ment, the $14.7 million project
is located steps away from light
rail at Yale Station. Finance
partners include the Colorado
Housing and Finance Author-
ity and the Denver Transit
Oriented Development Fund,
which helped the Urban Land
Conservancy to acquire the
property several years ago and
thus preserve the key site for
affordable housing.
“We’re proud to see people
enjoying the benefits of afford-
able housing at our transit sta-
tions and the access to mobility
choices that come along with
it,” Denver Mayor Michael
B. Hancock said. “Through
projects like this, the Denver
TOD Fund is helping connect
hard-working residents to
their housing, jobs and more
through our transit system.”
The four-story building
includes one-, two- and three-
bedroom units for households
earning up to 60 percent of
the area median income (up
to $33,660 for a one-person
household). Building ameni-
ties include patios/balconies,
9-foot ceilings, a fitness center,
bike storage and a courtyard
with barbecue grills. Construc-
tion was completed in compli-
ance with the Enterprise Green
Communities Criteria, which
promote energy efficiency and
environmentally sustainable
building practices.
Garden Court at Yale Station
is the latest development to be
created under the mayor’s “3x5
challenge.” The city and the
real estate development com-
munity have produced 1,899
units thus far, and an addi-
tional 1,039 units currently are
under construction.
s
ThecityofCentenniallaunched
Go Centennial, a streamlined
and tech-savvy approach for
people to get to and from the
Dry Creek Light Rail Station in
Centennial. Go Centennial is a
six-month pilot program that
combines a multimodal trip
planning mobile app and a fully
subsidized ridesharing service,
providing a solution to the first
and last mile challenge of getting
to or from transit.
The pilot program will test an
entirely new platform for seam-
less door-to-door transit plan-
ning that streamlines informa-
tion across multiple transporta-
tion modes, according to the city.
Go Centennial is the first multi-
modal app of its kind to feature
in-app booking with Lyft. Go
Centennial is the brainchild of
the Centennial Innovation Team,
funded by Bloomberg Philan-
thropies. The city's i-team devel-
oped the Go Centennial pilot
concept and led development
of the implementation plan by
securing private-public partner-
ships with Xerox, Lyft, Via and
the Denver South Transporta-
tion Management Association.
Go Centennial is also the first
public-private partnership in
the nation to fully subsidize Lyft
Line rides for transit commuters,
and offer multiple ways to book
and pay.
“Go Centennial aims to help
people who choose not to drive
their own car,” said Centennial
Mayor Cathy Noon. “It delivers
on the promise of urban mobil-
ity by combining technology
and public-private partnerships
solving the first-mile-last-mile
challenge of taking transit. Our
citizens will be able to conve-
niently and cost effectively get
from point A to point B.”
Go Centennial is built on a
subset of the Go Denver smart-
phone app platform, powered by
Xerox. Through this app, eligible
users can plan and book free
Lyft Line rides that connect with
southeast light rail at the Dry
Creek Station. Lyft Line rides
will be free Monday through Fri-
day, 5:30 a.m. to 7 p.m. In order
to receive free Lyft Line rides,
passengers must be registered
through the Go Denver app, be
coming or going from the exist-
ing RTD Call-n-Ride service area
and be traveling to or from the
Dry Creek Light Rail Station.
s
A number of new retail and
entertainment
opportuni-
ties are coming to Thornton’s
North Interstate 25 corridor.
Topgolf, which opened its
first Colorado location in Cen-
tennial last year, has turned its
attention to Thornton. Topgolf
received formal approval from
the Thornton City Council
Aug. 23 and it will construct a
64,000-square-foot golf recre-
ation facility on 14.4 acres at
the southwest corner of I-25
and 136th Avenue. It is cur-
rently projected to open in fall
2017.
Topgolf will complement
additional
development
already occurring in Thornton
along this intersection, includ-
ing the Denver Premium Out-
lets. Simon Property Group is
expected to break ground in
the spring 2017 on the 350,000-
sf outlet mall being developed
on the northwest corner of I-25
and 136th Avenue. Denver
Premium Outlets is expected
to open to the public in time
for back-to-school shopping in
2018.
Also on deck, Viewhouse is
slated to join the mix with a
replica of its Centennial restau-
rant/tavern locating next door
to Topgolf and the Thorncreek
Golf Course. The 15,000-sf
facility will include a restau-
rant, bar, rooftop dining and
Viewhouse Green.
Cabela’s Thornton, which
remains one of the high-
est grossing stores per sf in
the country, will have a new
co-tenant at The Grove Shop-
ping Center at I-25 and 144th
Avenue. SteinMart is expected
to open next door to Hobby
Lobby in October.
This month, The Summit, a
50,000-sf bowling and enter-
tainment facility planned for
144th and Washington Street
will break ground, with a
planned opening for fall 2017.
At opening, the center will
boast 24 bowling lanes, a sta-
dium seating restaurant/bar
and private bar and bowling
area, event/party rooms and
outdoor dining.
Additional projects are
in the planning stages from
the Larkridge retail center at
Thornton’s northern boundary
of Highway 7 to the Wash-
ington Square business park
at 120th Avenue to Thornton’s
health care district located in
the southern part of the city.
s
Economic Development News
ʻIt delivers on the
promise of urban
mobility by combining
technology and public-
private partnerships
solving the first-mile-
last-mile challenge of
taking transit.ʼ
– Cathy Noon,
Mayor of Centennial
