175 Million Dollar Development Planned For Glendale Colorado

Dated: 04/08/2015

Views: 1608

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From the Denver Post 4/6/2015   By Molly Armbrister

The city of Glendale is planning a $175 million entertainment and retail venue south of Virginia Avenue between Colorado Boulevard and Cherry Street. The development, dubbed Glendale 180, is slated to break ground on a 42-acre site in the fall, according to a release from the city of Glendale. The project is expected to open in fall 2017.

Glendale 180 will include 303,225 square feet of leasable space, with 109,000 square feet dedicated to entertainment uses and the remaining 194,000 used for retail. The development will also include 2,270 parking spaces, in a variety of parking structures, including surface-level, underground and an above-ground parking garage. The project is expected to create 1,242 construction jobs and another 1,016 permanent jobs upon completion, according to the city of Glendale.

Glendale was formerly a premier entertainment destination in the area, said Glendale MayorMike Dunafonin a letter accompanying the project's announcement."Now, building on Glendale's entertainment heritage and utilizing one of the most desirable development sites in the U.S., Glendale 180 will return the city to its place as the entertainment hub of the Denver metroplex," Dunafon's letter said.

Glendale 180 will help boost the city's economic development efforts by capturing some of the 140,000 employees who work within three miles of the site, the city said.The project will be financed by both public and private sources, the city said, with the city of Glendale issued bonds for about half of the $175 million project cost

Denver Colorado Realtor - Shae Bordewick
As an experienced real estate agent, I understand what it takes to successfully market and sell homes in the least amount of time for the most amount of money. I work throughout the Denver Metro area, but I specialize where I call home, Littleton Colorado. Feel free to call me for a complimentary marketing consultation and let me show you how I can maximize your return on your real estate investment. Shae Bordewick 720-837-191 or email me at shae@exitrealtydtc.com

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Sheryll White

As a Full Time real estate agent for the past 23 years, Sheryll has helped hundreds of home owners in Colorado buy and sell their homes. Sheryll's easy going, no pressure style and her in depth knowl....

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