Projects
FEATURED PROJECTS
Downtown Longmont Market Study
Client: Longmont Downtown Development Authority
Longmont Economic Development Partnership
Conducted a quantitative and qualitative market analysis of the demand for office, retail and small-scale (artisan) manufacturing in Downtown Longmont for the Longmont Downtown Development Authority. The purpose was to garner an accurate picture of the business climate in Downtown to further inform the implementation priorities and projects identified in the Downtown Master Plan of Development.
Owner’s Representative and Development Advisory, Town of Center
Client: Town of Center, Colorado
Owner’s representative and development advisor for the Town of Center. Manage a developer solicitation process for the North 90 Attainable and Workforce Housing project, a 90-acre Town-owned site that includes an Urban Renewal District. Coordinate an interdisciplinary team to facilitate redevelopment within this key site, including Downtown Colorado Inc., Town of Center, Center Urban Renewal Authority, public finance, planning and economic development.
Public – Private Partnership and Entitlement Consulting, Town of Erie
Client: Erie Four Corners LLC
Provide development advisory and entitlement services for the Erie Town Center – Four Corners project, a New Urbanist, mixed-use community that will bring over 95,000 square feet of retail, office, restaurant, and entrepreneurial space to the heart of Erie. The project is located within the Four Corners Urban Renewal District and the Four Corners Business Improvement District and Metropolitan District. Approximately $20 million public finance bonds have been issued to fund public improvements. The project is currently under construction.
Entitlement Tactical Management Assessment, Longmont
Client: Longmont Economic Development Partnership
Longmont Downtown Development Authority
Performed a comparative analysis of Longmont’s entitlement process for high-density residential project and a commercial project compared to other jurisdictions. Convened strategy sessions with representatives from the development, construction, and professional services industry to solicit feedback and input into Longmont’s entitlement process and what strategies and recommendations they may have to meet community and development goals and objectives and strengthen partnerships between the public and private sectors.
Business Plan and Financial Analysis for Downtown Central City Redevelopment
Client: Central City
Assisted in the preparation of a Business Plan and Financial Analysis for redevelopment of the former Belvedere Theatre and Scarlet’s building in downtown Central City in partnership with Arland Land Use Economics. The purpose of this analysis was to guide implementation of the redevelopment, discuss the competitive economic environment, and identify issues associated with the building’s reuse.
Downtown Loveland Redevelopment Advisory Services
Client: City of Loveland
Development advisor to the City of Loveland (in partnership with the Loveland Urban Renewal Authority) for the Downtown Loveland Redevelopment. Undertook financial feasibility analysis to outline potential financing gaps and funding alternatives, including land disposition strategies. Prepared Request for Proposal (RFP) document seeking development partner to develop 2 prime sites for development that were the centerpiece of the City’s Downtown Strategic Plan.
Brinkman Partners was selected as the project developer. Brinkman developed the Foundry which transformed three empty city blocks into an activated mixed-use development. The Foundry includes 155 apartments, a seven-screen MetroLux movie theater, 14,000 square feet of new retail and restaurant space, a 102-room TownPlace Suites by Marriott hotel, a 460-space parking garage, and a large public plaza that includes outdoor walkways and gathering spaces for community entertainment.
Note: Services performed with predecessor real estate development consulting firm.
Financial Analysis – Downtown Longmont Hotel and Granary Project
Client: Longmont Downtown Development Authority
Provided tax increment financing (TIF) and pro forma analysis for the Hotel Longmont and the Granary mixed use development on behalf of the Longmont Downtown Development Authority as part of a public-private partnership. The Hotel Longmont is a $24.5 million, 84-room hotel includes 4,000 square feet of commercial / meeting space at the ground level as well as a 5,000 square foot roof-top restaurant. The project is currently under construction. The Granary is part of the South Main Station area redevelopment in downtown Longmont and includes 20 new three-story, urban lifestyle rental townhomes with attached garages. The project also includes the adaptive reuse of a former 1930s grain storage structure that was used for agricultural businesses into a 25,000 square foot Food Hall and creative commercial and office building. The redevelopment includes an outdoor plaza for events, dining and community space. The projects received financial assistance from the DDA through their TIF incentive Program and Downtown Incentive Project (DIP).