Colorado Real Estate Journal - September 21, 2016
A number of new retail and entertainment opportunities are coming to Thornton’s North Interstate 25 corridor. Topgolf, which opened its first Colorado location in Centennial 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 recreation facility on 14.4 acres at the southwest corner of I-25 and 136th Avenue. It is currently projected to open in fall 2017. Topgolf will complement additional development already occurring in Thornton along this intersection, including the Denver Premium Outlets. 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 restaurant/tavern locating next door to Topgolf and the Thorncreek Golf Course. The 15,000-sf facility will include a restaurant, bar, rooftop dining and Viewhouse Green. Cabela’s Thornton, which remains one of the highest grossing stores per sf in the country, will have a new co-tenant at The Grove Shopping 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 entertainment 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 stadium 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 Washington Square business park at 120th Avenue to Thornton’s health care district located in the southern part of the city.