September 27, 2012

Broomfield has infrastructure, amenities to handle growing businesses, population

It might be too early to say that Broomfield is booming, but the city clearly is back in business.

New luxury apartments, new Class A office buildings and new corporate headquarters are sprouting up in Broomfield.

Broomfield is a major player in the Boulder Valley’s economy. It is the third-largest city in the area and has the distinction of being its own county.

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It houses some of the area’s largest private-sector companies, with the majority of the region’s class A office space. It has its own small arena, the 1stBank Center, and its population continues to climb with a mix of high-end and affordable living options.

Broomfield’s midway location along U.S. Highway 36 allows it to easily attract a labor force from both Boulder and Denver. The city also stretches east to access Interstate 25, and Northwest Parkway to Denver International Airport.

During the past decade, developers have built up Broomfield’s western side and along U.S. 36 into a mix of first-class office parks, hotels, apartments, shopping and entertainment.

The Interlocken Advanced Technology Environment is the area’s premier office park, with a variety of real estate on 900 acres. It includes the soon-to-be completed Eos at Interlocken, a Class A building with 186,000 rentable square feet and LEED Gold pre-certification.

Originally developed in the 1980s, Interlocken hit its stride during the late-1990s tech boom. The park is home to the headquarters of Level 3 Communications Inc. (NYSE: LVLT), Vail Resorts Inc. (NYSE: MTN) and Webroot Software Inc. Oracle Corp. (Nasdaq: ORCL) and Staples Inc. (Nasdaq: SPLS) have major facilities there.

The business park also includes two four-star hotels – the Omni Interlocken Resort and Renaissance Boulder Suites at FlatIron – and the Omni, a 27-hole championship golf course.

FlatIron Crossing, FlatIron Marketplace and Main Street at FlatIron along U.S. 36 provide Broomfield with more than 2 million square feet of mall shopping, big-box stores including Nordstrom, Dillard’s, Macy’s, Dick’s Sporting Goods, Best Buy and Walmart Supercenter, and dining opportunities. Also nearby is the modern 150,000-square-foot Lakeshore Flatiron Athletic Club.

The Arista mixed-use and entertainment neighborhood is the latest development along U.S. 36. It features the 1stBank Center, which has a scalable capacity from 3,500 to 6,500 attendees. The surrounding neighborhood is envisioned to include 1,500 residential units, 150,000 square feet of office space, 55,000 square feet of main street retail space, 400,000 to 600,000 square feet of larger big-box retail space, a 1,500-stall parking facility, a Regional Transportation District bus rapid-transit station and numerous parks and pedestrian walkways.

The area already includes a 140-room, 5,658 square-foot boutique hotel, the Aloft Hotel, that opened mid-2009.

On the northern edge of Broomfield, along I-25, Northern Colorado-based developer McWhinney is in the process of developing its 932 acres of land within the Anthem neighborhood. The developer envisions a 20- to 40-year buildout of commercial projects, including an applied research center. The residential portion of Anthem is slated to include up to 3,100 homes.

Broomfield has next-door access to Rocky Mountain Metropolitan Airport in Jefferson County, with corporate jet services. The city is served by RTD bus routes and is slated to have a FasTracks commuter-rail station in the future.

With ConocoPhillips Co. constructing a 2.5-million-square-foot campus in nearby Louisville, other developments are in the works to help accommodate the growth.

It might be too early to say that Broomfield is booming, but the city clearly is back in business.

New luxury apartments, new Class A office buildings and new corporate headquarters are sprouting up in Broomfield.

Broomfield is a major player in the Boulder Valley’s economy. It is the third-largest city in the area and has the distinction of being its own county.

It houses some of the area’s largest private-sector companies, with the majority of the region’s class A office space. It has its own small arena, the 1stBank Center, and its population continues to climb with a mix of high-end and…

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