WESTMINSTER, CO—City officials and economic development forces here have reached an exclusive development agreement with San Diego-based OliverMcMillan today jointly announced they are entering into an exclusive agreement for the redevelopment of the 105-acre site of the former Westminster Mall, located at U.S. 36 and Sheridan Boulevard.

As the predominant land owner and master planner, the Westminster Economic Development Authority (WEDA) has established the framework for the site's master plan, which contemplates multiple phases of development. The plan calls for a high-density, urban development with residential, commercial, retail and other uses. The project will also have a public realm that includes large parks, a major landscaped boulevard traversing the property from north to south and a walkable/bikeable design that is pedestrian friendly.

City Council approval of the official development plan is expected this fall.

“We are thrilled to announce the alliance with OliverMcMillan. This firm is exactly what we need and want for this project,” said Westminster mayor Herb Atchison. “They have extensive experience in mixed-use development, plus a great track history of sensitivity to each community's uniqueness. With patience and our strategic actions, we have set the stage for ourselves to partner with someone just like this and it is now paying off.”

“This is a great site and we see an excellent opportunity to create a place that will endure into the future,” said Morgan Dene Oliver, CEO of OliverMcMillan. “The City of Westminster has shown visionary leadership in the ideas that are under consideration for the adaptive reuse of this site. The City of Westminster has held fast to a vision for the former mall site as a city center that would be an amenity for Westminster residents and others in the region. The collaboration with OliverMcMillan is being described as a relationship which holds great promise for helping the city's vision become a reality.”

“This is a firm that understands our vision, speaks our language and has the ability to help achieve our goals. OliverMcMillan is recognized as one of the world's largest and most forward-thinking mixed-use development companies,” added city manager Brent McFall.