Thursday, November 05, 2015

Development Map Updates

by Osman Parvez
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Time for updates to our development map.

- S'park, located just North of Boulder Junction. Sutherland Park will feature 246 residential units spread across multiple buildings in a mixed use development. Only 25 residential units will be for sale. The rest are rentals of which 45 will be affordable housing and the remaining, market-rate. I wonder if the low rate of owner occupancy will impact financing and marketability. Time will tell. 

Pearl West Making Progress
- Boulder Junction Townhomes, located next to Boulder RV on 30th Street. 32 row houses having 3 bedrooms each, surrounding a central park. Unclear at this point whether the project will feature for-sale units or only rentals. 

- Fruehauf Plaza, boutique grocery and other retail to replace the old Olive Garden.

- Boulder Jewish Community Center. A $14.4MM project located on East Arapahoe. 

- Dakota Ridge row houses (Markel). 9 units under 1,000 SF with 2 bedrooms each.   

- The Outlook Hotel redevelopment at  800 28th Street. Developer paid $9.3MM in January 2014 and proceeded to scrape the hotel. It's being replaced with a 212 bed student rental complex. Permit costs are $28.2MM.  

1036 University. It was an office, now it will be four small residential units no doubt aimed at students. 

- Giant auto dealer at 5075 Pearl Pwky. Two story building, lots of showroom space. 






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