December 31, 2014

Newsmakers Jan. 17-30: Developer embarks on $180M multi-use plan

Real estate development firm ElementProperties LLC and Sopher Architects LLC submitted concept plans with the city of Boulder in January for a proposed redevelopment of the former Sutherlands Lumber Co. site that could cost up to $180 million.

The plan called for 680,000 square feet of building space, including room for apartments, office, retail and restaurant uses as well as a 140-room boutique-style hotel. Also included was a large public plaza that could someday serve as a train platform for a FasTracks commuter rail stop.

Dubbed S’Park – short for Sutherland Park in homage to the longtime owners of the site – the original plan covered roughly 8 acres. That included the 5.9-acre parcel at 3390 Valmont Road owned by the Sutherland family that was home to their hardware store and lumberyard. It also included adjacent parcels at 3195 Bluff St., and 3200 Bluff St., homes to Columbine Plastics Corp. and an Airgas branch store, respectively.

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The Sutherland family retains ownership of the 3390 Valmont property and is a partner with Element in the redevelopment. They closed the 25,000-square-foot store in 2010, renovated it and leased it to various businesses.

The plan called for a mix of four- and five-story buildings. That included about 248,000 square feet of office space, 6,500 square feet of restaurant space, 12, 610 square feet for retail and about another 61,000 square feet of flexible street-level commercial space. That’s in addition to the hotel and 180 apartments.

UPDATE

Developers plan to submit a more formal site review plan sometime in early 2015.

Boulder-based Element’s Scott Holton said the plan for S’Park has been refined considerably, taking into account things the public liked and didn’t like. The hotel is no longer part of the plan, replaced instead by some additional affordable housing.

The developers also submitted a separate concept review over the summer that covered three additional parcels along Bluff Street that have been added to the project. That plan calls for 24 for-sale three-bedroom townhomes with one-car garages and 45 two- and three-bedroom rental townhomes and flats with one carport per unit.

“Whereas many of the other Boulder Junction projects are marked by their mass and height, we’re designing with much more variety and intention to serve our community’s needs and aspirations for a creative and inclusive place in Boulder,” Holton said recently.

Real estate development firm ElementProperties LLC and Sopher Architects LLC submitted concept plans with the city of Boulder in January for a proposed redevelopment of the former Sutherlands Lumber Co. site that could cost up to $180 million.

The plan called for 680,000 square feet of building space, including room for apartments, office, retail and restaurant uses as well as a 140-room boutique-style hotel. Also included was a large public plaza that could someday serve as a train platform for a FasTracks commuter rail stop.

Dubbed S’Park – short for…

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