Commercial Updates
Phase two of United Properties is underway at Enterprise Business Park, bringing their total space in the area to nearly 1.2 million square feet, most of which has been pre-leased by businesses such as Swire Coca-Cola USA, TireRack.com, and Workplace Resource. Phase two, a 466,000-square-foot cross-dock industrial building, is expected to be complete in April 2015. Phase one of the Class A industrial development construction is near completion. Comprised of four buildings, with a combined 700,000 square-feet, phase one is scheduled to be complete in November 2014.
Central Park’s newest hotels, Staybridge Suites and Drury Inn & Suites, are now open. Staybridge Suites is a 102 all-suite hotel. Each room has a fully equipped kitchen with separate living and work areas. Other amenities include a 24-hour business center and an indoor pool. The 180-room Drury Inn & Suites offers flexible meeting space, 24-hour fitness and business facilities, and an indoor/outdoor pool.
VCA Central Park Animal Hospital new 5,000 square-foot facility is under construction. Owner, Michele Smith, began her practice in leased space within the East 29th Avenue Town Center. With a great business model, and a supportive community, the practice has outgrown its current space. The new location, complete Winter 2015, will be a full-service veterinary hospital committed to providing high-quality, state-of-the-art medicine and compassionate care for pets.
Four Friends Kitchen broke ground on their 3,000 square-foot parcel in the East 29th Avenue Town Center. A true start-up, the Southern inspired breakfast/brunch/lunch restaurant is owned by four Central Park neighbors. The restaurant will feature an open-air rooftop dining option.
Two active senior living communities are also underway. Zocalo Community Development’s 151-unit The Grove will feature a community garden, bike maintenance shop, and tap room. Horizon Development Group’s 108-unit Overture will include underground parking, a café/bistro with Wi-Fi, and an outdoor terrace with a BBQ area.
Residential Updates
Central Park has been the top selling master planned community in Colorado since 2007 and has been ranked 11th or higher in the nation for 5+ years. Since homes went on the market in 2002, over 5,900 have sold. More than 400 of the homes sold are in Conservatory Green, the first neighborhood north of I-70. Thirty percent of the homes purchased in Conservatory Green were existing Central Park residents. Only 60 new homes remain in the neighborhoods south of I-70 and 100 in Conservatory Green. Willow Park East, Central Park’s brand new neighborhood, recently started selling. Willow Park East will feature three new parks, nearby innovative new schools, and over 700 next-generation homes.
With a diverse selection of homes, there is something for everyone. Nineteen different home products are currently available for purchase from nine builders, including single family detached, paired homes, and rowhomes. Architectural styles vary from traditional to modern, with outdoor maintenance options ranging from lock-and-leave, with green spaces maintained by HOAs, to full lawns and raised-bed gardens. Home sizes range from 1,000 square feet to over 3,000 square feet and are priced from the mid-$100’s to over $800,000, including a variety of affordable housing options that make living in this community available to various ages and income levels.
Central Park also offers a great selection of rental apartments. The Aster Conservatory Green, completed September 2014, is the newest apartment community. The Aster offers urban-inspired living with private garages, upgraded finishes, airy ceilings, and abundant windows. Situated between The Shops at Northfield and Uplands Park, the 352-unit community provides a wealth of activities and amenities. Residents can shop and dine, swim in the new Runway 35 pool, BBQ with neighbors near the fire pit, or enjoy pick-up games at the basketball and sand volleyball courts.
Check out the communities beautiful parks and open spaces, top-rated schools, and walkable shopping and dining options.
