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Archive of posts filed under the Transit-Oriented category.

ULI-Colorado TOD Marketplace Recap

 

The Colorado district council of the Urban Land Institute held a major event this past week, Denver’s first Transit-Oriented Marketplace. My thanks to Kathleen McCormick with Fountainhead Communications in Boulder for providing DenverInfill with this recap of the event:

Report from ULI TOD Marketplace

 

The mood was upbeat among the more than 350 people who attended ULI Colorado’s TOD Marketplace at the Embassy Suites Downtown, where we heard from some of the nation’s most experienced finance, development, and transit experts about creative solutions for transit-oriented development. Over the course of the day, we learned about the successes of recent TOD projects and innovations in financing, housing, parking, public-private partnerships, and other components that could pave the way for more development around stations in our region’s expanding public transit system.

 

ULI Colorado Chair Chris Achenbach opened the program with Phil Washington, general manager of the Regional Transportation District (RTD), who discussed the roll-out of the FasTracks expansion of 57 new commuter and light rail stations, a new transit development policy, and pilot programs to encourage development around transit stations. Keynote speaker Steven Goldin, director of real estate for the Washington Metropolitan Area Transit Authority (WMATA), the nation’s second-largest transit system, said transit-oriented development is complicated, and we need to simplify the message for the public to “ideas that resonate like jobs, mobility, and growth.” Another keynoter Emerick Corsi, President of Forest City Enterprises Real Estate Asset Services, the nation’s largest TOD developer, advised us to “embrace the city and neighborhood next door” by looking at development plans holistically and branding stations to create individual identify within the vision for the whole network.

 

I’d like to have been at all the concurrent sessions—TOD housing, parking, and demographics, and the TAP presentations on Lakewood, Denver, and Aurora—but I chose to focus on learning about innovative financing, urbanizing the suburbs, and joint development with public-private partnerships, and I came away with some great ideas.

 

Over drinks and appetizers in the ballroom, we checked out Great Sites Trading Floor, with exhibit materials on over 40 TOD sites at play in the region, and applauded fellow ULI members who won raffle prizes like Bronco tickets and registration to the ULI Fall Meeting next October in… Denver.

 

Kudos to the local and national speakers, event chairs Denise Balkas and Peter Kenney, the TOD program committee, all the volunteers, and our ULI Colorado staff.

 

– Kathleen McCormick, Fountainhead Communications, Boulder

 


ULI-Colorado Event This Thursday: South Denver Metro TODs

The next Urban Land Institute – Colorado “Explorer Series” event is set for this Thursday, September 8!

The event is “TOD Down South” and will provide participants with an in-depth panel discussion and walking tour of two Transit Oriented Development (TOD) projects recently completed along the southeast I-25 (T-REX) light rail line…

The Apartments at Yale Station: A joint venture between Koelbel & Co. and Mile High Development featuring a new six-story, 50-unit affordable residential building that replaced a gas station. Sixty percent leased at the time of its July 2011 opening, the Apartments are being marketed to long-time south Denver residents who are ready to leave their single-family homes but don’t want to leave the area.

Vallagio at Inverness: Recently voted the Denver region’s best Live-Work-Play neighborhood in a DRCOG poll, Vallagio consists of lofts, flats, villas, an entire district of independent “foodie” restaurants, an art space, a covered pedestrian bridge connection to RTD’s Dry Creek Station and, somewhat unique among TODs, the option for living on a golf course.

This ULI-Colorado Explorer event is this Thursday, September 8, from 2-6 PM and includes a hosted reception at Vallagio, and also includes travel via RTD light rail, with free RTD passes available for registered participants. For specific time, location, and agenda, please visit the event website. Registration is available for both ULI members and non-members are welcome. Please visit this event’s registration page here at the ULI-Colorado website.

See you on Thursday!


1099 Osage Update #4

In the past couple months not much has changed externally on this project but the facade is beginning to go up.

Here’s a first glance taken on the corner of 11th Avenue and Osage Street.

There’s a nice glass wall connecting what looks like two parts of the building.

Here’s an overall view of the project with the new facade.

I like the wall this building creates. The roads end at the tracks right behind this building.

Now that school is back in session I will be down by Auraria more often. Hopefully in the next few days we will be taking a look at the projects going on around there.

 


Upcoming Milestones at Denver Union Station

Now that the new light rail station is open at Denver Union Station, a number of people have asked me, “So, what’s next?” To answer that question, here is a list of milestones relating to the new Union Station transit center project that you’ll see over the next few years. Keep in mind that most of these dates are tentative and may shift around a bit as the project advances, but this should give you a general idea of the sequence of upcoming milestones for the project.

  • August 2011: New light rail station opens. Wewatta detour begins. 16th Street Mall and shuttle service extended to new station.
  • Late 2011: Development team selected by RTD for renovation/reuse of historic station.
  • Early 2012: Construction begins on north wing building (IMA Financial HQ). Construction on south wing building will likely begin in 2012 as well.
  • Early/mid 2012: Construction begins on historic station and Wynkoop Plaza.
  • Early/mid 2013: West corridor light rail opens with service to Union Station.
  • Late 2013/Early 2014: Underground bus facility at Union Station opens. Market Street Station closes. Downtown Circulator service begins.
  • Mid-2014: Commuter rail station and all remaining project elements are completed. Amtrak moves back to Union Station.
  • January 2016: East Corridor commuter rail line to DIA opens with service to Union Station.
  • Mid-2016: Gold Line commuter rail line to Arvada/Wheat Ridge opens with service to Union Station.

Except for the two wing buildings, not included in the list are the private-sector developments planned for around the station. It is highly likely several of these will break ground within the next few years. Obviously, we’ll report on those when they are announced. Also, if I receive more accurate schedule information, I’ll edit/update this list.