Westfield built a 133,000 square foot retail center anchored by Albertsons, Steinmart, and Walgreens in Westminster, Colorado. The project, which is located on a 15-acre site at the southeast corner of 120th Avenue and Sheridan Boulevard, was completed in two phases over approximately three years. Other major tenants included Starbucks, Einstein Bagels, First Bank, and 24-Hour Fitness. In-line shops included national tenants such as Papa John’s Pizza, H&R Block, Cost Cutters and Bath & Body Works. After completion, Westfield sold the center to Westwood Financial Corp.
In partnership with the Arvada Urban Renewal Authority and the City of Arvada, Westfield participated in the redevelopment of a 50-acre site located in northwest Denver at the intersection of I-70, I-76, and Wadsworth Boulevard. With Trammell Crow Company as a development partner, the project was planned, designed, entitled and completed under the terms of a disposition and development agreement with the Authority. The project contains approximately 550,000 square feet of retail space.
In partnership with the Edgewater Redevelopment Authority and the City of Edgewater, Westfield helped redevelop a 34-acre site located west of Sloan’s Lake along Sheridan Boulevard just north of Colfax Avenue in west Denver. The company planned, designed and entitled the 260,000-square-foot retail center as well as negotiated a disposition and development agreement with the Authority and development partner Trammell Crow Company.
Westfield invested in a joint venture to develop Westfield Commons, along with three Class A apartment projects in Phoenix, Arizona with a wholly-owned affiliate of Greystone Group. Founded in 1978, Greystone has developed more than 60 luxury Class A multi-family communities throughout the Southwest. The Westfield Commons retail development will encompass a 19-acre parcel in the northwest Phoenix metro area in the city of Surprise.
Westfield planned, sub-divided, and entitled this 54-acre retail center at the intersection of 92nd and Sheridan, in the heart of the City of Westminster, and then managed the development of the horizontal infrastructure, completing over-lot grading, underground utilities, storm drainage systems, and public street improvements. Westfield subsequently negotiated land sales to end users such as Wal-Mart, Denver Sports, Homes Express and Computer City, and did the vertical development on one multi-tenant outparcel of approximately 8,000 square feet.