Thank you for sharing!

Your article was successfully shared with the contacts you provided.

AURORA, CO-The city has officially opened the $85 million Aurora City Place commercial redevelopment of the I-225 corridor.Designed as a New Urbanism project, it is pedestrian friendly with benches and plazas. The 550,000-sf retail complexbrings more than 30 stores and nine restaurants to the city.

The project’s completion is part of a $380 million investment that has been made in Aurora City Center, a 772-acre site located just east of I-225 generally along Alameda Avenue that includes the Aurora Municipal Center, the Arapahoe County Service Center and the expansion of the ADT Security Systems office campus. Still slated for completion within thearea are the $100 million redevelopment of Aurora Mall and $78 million in new housing.

“Aurora City Place features a new main street concept that has taken enormous creativity and effort,” says Skip Miller, president of Miller Weingarten Realty, the developer. “This project could never have been completed without the resourcefulness and hard work of the city of Aurora and the entire development team.”

The future of city’s retail has been more than 20 years in the making. As far back as the mid-1980s, city leaders planned a mixed-use, high-density development that incorporated civic and commercial activity. But it wasn’t until the opening of the $20 million, voter-approved Alameda interchange at I-225 in 2000 that accelerated Aurora City Place development and spurred other projects in the area.

“This is an unprecedented time in Aurora’s history,” Mayor Paul Tauer says. “What was merely a dream two decades ago–a dream of a commercial and civic City Center–is finally becoming a reality.”

More than 290,000 people and 10,400 businesses choose to call the cityhome, making it the third most populous city in Colorado and the 62nd largest in the country. Miller Weingarten Realty, a joint venture between Arapahoe County-basedMiller Development and Houston-based Weingarten Realty Investors.

Miller Weingarten Realty, a joint venture between Englewood, CO-based Miller Development and Houston-based Weingarten Realty Investors, acquires and develops properties with the goal of long-term investment.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.