Are you in the market to own retail or commercial space with real appeal? Arista has three compelling reasons why it is the best new development in northwest Denver.
Arista is a master planned transit oriented development with an on-site Park-n-Ride facility offering bus routes to and from Denver and Boulder. A projected 900 cars per day will pass thru Arista with easy access to shopping and dining establishments at Arista Place.
The cornerstone of Arista is the Broomfield Event Center, one of the only town center developments in the nation anchored by a major entertainment venue. The BEC is host to concerts and sporting events and is home to the Central Hockey League’s Rocky Mountain Rage and the NBA Development League’s Colorado 14ers basketball team. The BEC is home to over 130 events and attracts over 400,000 people to Arista every year.
The development’s location off of US 36 (Boulder Turnpike) has traffic counts of 85,000 cars per day, Wadsworth Boulevard which has counts of 35,000 and 120th Avenue which beginning in 2008 will have 36,900 cars per day.
-
Traffic Count (approximate cars per day) 160,000
-
Population within a 10 mile radius 518,871
-
Population within a 20 mile radius 882,150
-
Daytime Population – 10 minutes 197,733
-
Daytime Population – 15 minutes 443,802
-
Daytime Population – 20 minutes 784,680
-
Projected Population by 2010 – 5 miles 173,305
-
Projected Population by 2010 – 7 miles 363,421
-
Projected Population by 2010 – 10 miles 644,754
Here are a few additional reasons:
-
Arista is located in the northwest submarket of Denver, which boasts one of the metro area’s lowest submarket vacancies rate of 5.7%.
-
Arista is perfectly situated between downtown Denver and Boulder on US Interstate 36 (Boulder Turnpike). Surrounding areas of interest are Interlocken Office Park, Flatirons Crossing Mall and Walnut Creek shopping area.
-
The US Highway 36 corridor has been referred to as the “Rocky Mountain Silicon Valley” and boasts a strong list of major employers such as Level 3 Communications, Corporate Express, Sun Microsystems and Hunter Douglas.
-
Rocky Mountain Metropolitan Airport, formerly known as Jeffco Airport, is a major general aviation facility for corporate and private air transportation within one half-mile of Arista.
-
Household incomes are high, with an average of $86,118 per household within 3 miles of Arista.
-
Residential population is projected to grow by 14% over the next five years.
-
The projected influx of over 90,000 new residents to the primary and secondary trade areas over the next decade is estimated to generate demand for over 2.5 million additional square feet of retail and leisure floor space during this period. This project is ideally located to serve the growing residential subdivisions within close proximity.
-
1,200 future residential units within the Arista site.
|