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FAS Transit Oriented Deve opment<br />
Status Report 20<strong>07</strong><br />
Kroenke Sports Enterprises owner of the Pepsi Center and its pro sports franchises is part<br />
nering with NS West onatwo phased <strong>30</strong> office project adjacent to Invesco Field Station<br />
at 5th and Wazee streets expected by 2009 The first will be a 5story150 000 square<br />
foot office building the second a5story 175 000 square foot building both connected to<br />
the station via a pedestrian plaza<br />
10th Osage Station<br />
<strong>RTD</strong> in 20<strong>07</strong> sold two parcels comprising about 3 acres to the City and County of Denver<br />
located between the 10th Osage Station and the South Lincoln Park Homes The City is<br />
conducting a station area planning process in coordination with DHA on how the site could<br />
be used to prevent resident displacement if the South Lincoln Park Homes were to be rede<br />
veloped<br />
as amixed income project<br />
Alameda Station<br />
Alameda Station LLC is under contract with <strong>RTD</strong> on the former bus barn site west of Alame<br />
da Station fronting Santa Fe Drive Their proposal includes a retail and affordable housing<br />
component along with a pedestrian bridge across the CML to connect with the station The<br />
City and County of Denver is developing a station area infrastructure master plan and the<br />
owners of Broadway Marketplace and the Denver Design District are<br />
developing a General<br />
Development Plan to guide the future redevelopment of the entire district between Alameda<br />
Avenue Broadway Exposition Avenue and the CML including the Alameda Station park<br />
nRide<br />
25 Broadway Station<br />
Metropolitan Gardens is the proposed TOD project on the50 acre western half of the former<br />
Gates Rubber plant owned by Cherokee Denver Total buildout of the site expected to cost<br />
about S 1<br />
billion and be complete between 2015 and 2020 will include 2400 residential<br />
units <strong>30</strong>0 of which will be affordablel and more than 1<br />
space and retail Demolition began in August 20<strong>07</strong><br />
million square feet each of office<br />
The first phase of development will occur on the 24 acres west of the CML where Illinois<br />
based Joseph<br />
Freed and Associates an experienced TOD builder in the suburban Chicago<br />
market along the Metra commuter rail is planning to build about 1500 residential units<br />
800 000 square feet of retail<br />
including a Sundance Cinema owned by Robert Redford<br />
<strong>30</strong>0 000 square feet of office space and a hotel See Exhibit 38 Construction should<br />
begin in late 2008 once essential infrastructure elements are in place and demolition is com<br />
pleted <strong>RTD</strong> is coordinating with Freed and Cherokee on a new pedestrian bridge they will<br />
build to connect the west side of Metro Gardens to the station <strong>RTD</strong> is also in exclusive ne<br />
gotiations with Cherokee for joint development on its 18 acre bus transfer facility and park<br />
nRide site which could include about 145 000 square feet of retail and 500 000 square<br />
feet of office space<br />
Draft 1 39 December 20<strong>07</strong><br />
Rev 2
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