HomeMy WebLinkAboutMULBERRY AND LEMAY CROSSING - PRELIMINARY - PUD - 36-96B - SUBMITTAL DOCUMENTS - ROUND 1 - Design Narrative (3)r Mulberry and Lemay Crossings Fort Collins, Colorado For Lease/ Build-To-Suit
GOLDBERG
p r O p e r t y A S S O C i a t e S lo<
Goldberg Property Associ ates, Inc.
1120 Lincoln Street, Suite 1101
Denver, Colorado 80203
(303)7 59-8000
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Site Description
The development is located in Fort Collins, Colorado, which is situated 65 miles
north of Denver on the western side of Interstate 25. The site is situated just east of
downtown Ft. Collins at the intersection of two major arterials, Mulberry Street and
LeMay Avenue. Mulberry is the northern connection between the Central Business
District -Colorado State University area and 1-25.
Concept:
Location:
Land & Building Sizes:
Contact:
A Power Ce nter project accomodating big box retail,
inline shops and outparcel opportunities.
NE comer of Mulberry St. and LeMay Ave.
Fort Collins, Colorado, Larimer County
Total Acreage:
Building Sizes:
Pad Sites:
52.4 acres
10,000 sq. ft. -250,000 sq. ft.
1-3 acres each
Mark Goldberg, President
Michael Foley, Vice President
Goldberg Property Associates, Inc.
1120 Lincoln St., Suite 1101
Denver, CO 80203
(303)759-8000
Goldberg Property Associates, Inc.
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Fort Collins, Colorado Fort Collins, Colorado is located one hour north of Denver on 1-25 in the Poudre River Valley in Larimer County. The City of Fort Collins offers a wide range of amenities in business, education, medical facilities, and cultural activities. Ranked in the top 5% for the quality of life nationally, Fort Collins is an excellent choice. Fort Collins, Colorado The city continues to grow and improve economically. The city had a 1994 population of 95,889, a 4.14% increase over the previous year. Retail sales grew 9.8% between 1993 and 1994 and vacancy rates have been decreasing throughout the 1990s, with the 1994 retail vacancy rate at 5.6%. Cultural activities center around the Arts Center, the Lincoln Center, and numerous art galleries and performance theaters around town. In addition to its position of cultural center for the region, Fort Collins is the medical hub for the surrounding area. Higher Education Colorado State University (CSU) and Front Range Community College are both important assets to the Ft. Collins community. CSU employs 6,400 people and has an enrollment of over 20,000 students. Founded in 1870 as a land grant college, CSU is the second largest university in the state and offers both undergraduate and graduate degree programs in its nine colleges. CSU is known for its excellent programs in engineering, agriculture, and veterinary medicine. Front Range Community College offers associates degrees as well as vocational programs for high school students. The college's enrollment is approximately 1,000 full-time and 2,500 part-time students. Major Employers Ft. Collins supports a number of high technology firms including Hewlett Packard, NCR Corporation, and Advanced Energy. Other major employers include Colorado State University, the Poudre School District, Kodak, Anheuser-Busch, and US West Communications. A map is included to show the locations of the major employers in the Ft. Collins area. Area Shopping Centers Located within the trade area are numerous "strip" retail centers as well as a number of freestanding big box stores. To date, a power center project with the critical mass of retailers and shopping opportunities has not been developed in Ft. Collins. A map is included to show the locations of the area's retail centers. The dynamics of this project along with Ft. Collin's expanding population base and regional location make this community an ideal choice for most any retail tenant. Goldberg Property Associates, Inc.
r r Area Shopping Centers r Map Shopping Center Name Square Feet r I Old Town Square 122,000
2 Robinson-Piersal Plaza 61,000
3 Cedarwood Plaza 110,000
4 Campus West 186.600
5 Riverside Junction 100,000
6 Drake Crossing 130,000
7 Raintree Village 104,100
� 8 University Mall 200,825
9 Kmart Plaza 123.22
� 10 Park Central 39,500
11 Cimarron Plaza 51,000
12 Foothills East 32,000
13 Foothills Fashion Mall 604,053
14 The Square 96,000
15 Scotch Pines Village 110,000
16 Creger Plaza 79,000
17 Fountainhead 42,000
18 Best 67,000 ... 19 The Marketplace 94,000
20 Target 98,000
21 The Pavillion 151.500
22 Arbor Plaza 154.000
23 Harmony Market 228.000
Goldberg Property Associates, Inc . ...
r r Major Employers
Map Number of
Number Company Employees Product / Service
I Colorado State University 6,400 University
[ 2 Poudre R-1 School District 2,837 Public School
3 Hewlett Packard 2,300 Electronic Date Processing Equipment
4 Poudre Valley Hospital 1,800 Full Range Health Services
5 City of Ft. Collins 1,011 City Government
6 Larimer County 1,000 County Government
7 NCR Corporation 900 Microelectronic Parts
8 Teledyne/Waterpik 750 Dental Hygiene Appliances
E 9 Anheuser-Busch 700 Beer
IO Woodward Governor 650 Speed Controls
I I Front Range Community College 325 Postsecondary, Vocational Education
12 Advanced Energy 300 Semiconductor Power Sources
13 Wal-Mart 265 Retail Department Store
14 The Coloradoan 225 Daily Newspaper
15 Plane River Poser Authority 201 Supplier-Owner Electric Utility
i 16 First Interstate Bank 196 Banking
17 University Park Holiday Inn 190 Hotel
18 US West Communications 169 Telephone Utility
L 19 Innovative Companies 159 Custom Cabinets
20 Comlinear Corporation 15� Electric Equipment Supplies/Manufuct
! 21 Spring Creek Health Care Center 150 Health Services for Seniors
22 Public Service 120 Gas Utility
23 Norwest Banks 115 Banking
L 24 Forney Industries 114 Generators, Welding Supplies
25 Site! Corporation 100 Telemarketing
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C.AC.\.,U I IVt: �UMMAKY Claritas Data Services
02/26/1997
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Fort Collins-Loveland, CO (MSA)
POPULATION
HOUSEHOLDS
INCOME
EMPLOYMENT
HOUSING
*population growth will be strong during the 1990's
*population growth during the 1980's was average compared to the nation as a whole
*there are one or more college dormitories within this area
*this area has a slightly younger population than the nation as a whole
*an above average percentage of the adult population have college degrees
•typical household size is average
*average income is similar to national average
*unemployment rates are at average levels
•female labor force participation rates are high
* a majority of housing units are owner occupied
*above average residential turnover
NOTE: This report is intended as a brief snapshot of the selected area. Only those key characteristics which
-are considerably different from national average values are reported. There may be other unique features of this
area that are not reported. Use this report only in conjunction with a thorough review of the actual report figures... Source: 1990 Census of Population, 1996 UDS Estimates
Claritas Data Services/ 4676 Admiralty Way Ste 624 / Marina del Rey, CA 90292 / (BOO) 633-9668 ..
(EXS)
317653