Regions Southeast
Master Planner Picked for Denver-Area Retail Project
May 5, 2008
By: Dees Stribling, Contributing Correspondent

Plans for the Dacono Gateway Centre between Denver and Boulder, Colo., have come closer to fruition with the selection of a firm to design the project's master plan. Denver-based Norris Design got the nod recently from the developer, Orlando-based Jupiter USA.

The project will encompass more than 500,000 square feet of retail, hotel, restaurant and office space on 132 acres, according to Jupiter USA. The site is at the southeast corner of the junction of I-25 and Colorado 52 about 10 miles east of Boulder, in the town of Dacono, population 4,200.

I-25 is a major artery running through both metro Denver and Colorado Springs, and the highway north of Denver has seen considerable retail development in recent years. Among other projects, south of the Dacono site in Thornton is Larkridge, a lifestyle center currently being leased with a second phase in the planning stages, and in 2006 Dacono itself saw the opening of Furniture Row shopping center.

Privately held Jupiter USA specializes in residential and mixed-use projects in Colorado, the Carolinas, Georgia and Florida. Norris Design specializes in community character, themes and design standards for developers.

 
Recent Southeast Headlines
Nashville Shopping Center to Get 200,000SF Expansion
CBL & Associates have announced plans for an expansion of CoolSprings Galleria, a 1 million-plus-square-foot shopping center in Nashville.
Orlando Industrial Property Sold
Delta Properties Intl. L.L.C. has acquired the industrial facility at 1815 Cypress Lake Drive in Orlando, Fla., from LDL Holdings Florida L.L.C.
69-Room Microtel Opens Doors in Suburban Atlanta
Development of Microtel Inn & Suites in Woodstock, Ga., has reached completion and made its debut in the suburban Atlanta city. Developed by Dawgwood Hotels L.L.C., the 69-room lodging property sits 30 miles from downtown Atlanta at 305 Molly Lane, and marks the 25th Microtel property to hit the State of Georgia.
Parkway Properties Sells Town Point Center
Parkway Properties Inc. closed the sale of the Town Point Center office property in Norfolk, Va. Town Point Center, which is located in the Downtown Norfolk submarket, is a 131,000-square-foot property that is 97 percent occupied.
Chattanooga to Become Home of $1B VW Plant
After considering locales in Alabama and Michigan, Volkswagen Group of America Inc. has just decided to develop its new U.S. manufacturing facility in Chattanooga, Tenn.