The Greenwood Village, CO-based developer, which broke ground on the project this week, has already signed several national retail giants to be part of the tenant mix and expects full lease-up by 2008, when work on the lifestyle center nears completion, David Goldberg, a principal with ADP tells GlobeSt.com.
"We've been very pleased with our leasing efforts so far," says Goldberg, who would only say that the complex will include a good mix of national fashion and restaurant chains.
Designed by Seattle-based Callison Architects in conjunction with Communication Arts, a Boulder-based architectural firm, the project will blend native stone architecture with waterfall bedecked open-air plazas to create a destination site for area shoppers, Goldberg says. Pedestrian-friendly walkways and bike paths linked to the Broomfield Trail will skirt the property, making it easily accessible to nearby neighborhoods, including a master planned community by Del Webb, which is expected to eventually be home to more than 10,000 residents, he adds.
"We want this to be the center of the community," notes Goldberg. In addition to shopping and dining, Goldberg says ADP may add some second story office space to the project but a decision on that is still pending.
The development firm selected the site because of its high-growth location and upscale demographics that will assure the project's success, he notes. "It really validates that this is a strong retail corridor," Goldberg says. The project's first phase will open in the late summer of 2007 followed about a year later by the opening of center's remaining space.
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