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SAKS<br />
Transit Oriented Deve opment<br />
i Status Report 20<strong>07</strong><br />
Be view Station<br />
In January 2008 vertical construction is expected to begin in earnest at Belleview Station<br />
Phase 1<br />
of the project will include 250 luxury apartments in two 45 story buildings to be<br />
built by the Hanover Co 120 000 square feet of speculative office space to be built by<br />
Trammell Crow Co and 120 000 square<br />
feet of retail and a hotel to be built by Continuum<br />
Partners Front Range Land and Development Co a partnership between the landowner the<br />
Bansbach family and master developer Continuum Partners is planning<br />
a total of2 mil<br />
lion square feet of office space 250 000 square feet of retail 1 hotel and 2000 residential<br />
units on the entire 50 acre site for a total value of 51 5 billion The first phase of the project<br />
will be built on the northeast corner of Niagara Street and Belleview Avenue<br />
Fairfield Residential has broken ground on three rental projects near the station The 570<br />
million DTC III apartment complex will have 397 rental units on the east side of Monaco<br />
Street near Tufts Avenue DTC IV East and DTC IV West are both under construction north<br />
of Union Avenue on both sides on Monaco Street The 551 million DTC IV West will have<br />
270 apartments while the 551 million DTC IV East will have 240 All three Fairfield Resi<br />
dential projects are expected to be complete in 2008<br />
RE MAX in 20<strong>07</strong> completed their new corporate headquarters at Belleview Avenue and Syra<br />
cuse Street in early 20<strong>07</strong> The 550 million250 000 square foot office building<br />
21 000 square feet of retail<br />
also includes<br />
Orchard Station<br />
Construction continues on The Landmark Everest Development Company s5160 million<br />
mixed use development located north of the Orchard Station see Exhibit54 This 15 acre<br />
project will include 251 condos and 168 000 square<br />
feet of retail in two residential towers<br />
of 1 1 and 12 stories each While this phase is expected to be completed in 2008 Ever<br />
est has announced a second phase called the Brownstones at Landmark consisting<br />
townhomes and 10 single family homes<br />
of 160<br />
Exhibit 54 The Landmark<br />
Construction is moving along at The<br />
Landmark a S 160 million mixed use<br />
development with 251 condos and<br />
168 000 square feet of retail<br />
Draft 1 54 December 20<strong>07</strong><br />
Rev 2
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