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Stapleton redevelopment on course for 15-year plan

An article from the Denver Business Journal, reports that according to the company and those monitoring the project’s progress, developer Forest City Enterprises Inc. is on track as they are nearly halfway through the expected 15-year redevelopment of Denver’s former main airport, Stapleton International. Dick Anderson, former CEO of the Stapleton Development Corp., said a variety of for-sale housing, despite metro Denver’s soft housing market of recent years, continues to be built at Stapleton, and industrial and retail development has been relatively strong. The 4,700-acre Stapleton project currently includes 3,200 single-family houses, rowhomes, condominiums and other for-sale housing as well as 400 apartments. Commercial real estate already built includes the 740,000-square-foot Quebec Square and 1.2 million-square-foot Northfield Stapleton outdoor shopping centers; the multiple-block East 29th Street Town Center with shops, offices and restaurants; and roughly 200,000 square feet of office space.
http://www.bizjournals.com/denver/stories/2008/08/18/story12.html?b=1219032000^1685222

www.judesandvall.com

Posted Tuesday Aug 26

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