Feeding off the busy commuter rail Westminster Station, a development group in Colorado has announced plans for a massive 27-acre mixed-use project.
The Louisville, Colorado-based Land Capital LLC has purchased for $8.4 million those acres adjacent to the Regional Transportation District facility in order to bring the project to life.
According to plans, the site could see the construction of a combination of townhomes, condominiums, and some apartment space, combined with a park and swimming pool.
The proposed project, at the intersection of 72nd Avenue and Federal Boulevard, is officially classified as a transit-oriented development due to its proximity to the Westminster Station.
That station, opened in the summer of 2016, serves as a hub for the city of Westminster, connected by rail to Denver’s Union Station.
In the last few years, more than $75 million in public dollars has been spent building the surrounding Westminster Station Park, complete with trail connections, play areas, and restrooms.
The $28 million mixed-income Alto at Westminster housing complex, a 70-unit residential project located two blocks from the station, was opened last year.
By Garry Boulard