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Breaking Ground: Longmont

Fall Real Estate Conference 2013 - Power

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Page 1: Fall Real Estate Conference 2013 - Power

Breaking Ground: Longmont

Page 2: Fall Real Estate Conference 2013 - Power

Breaking Ground: Longmont

Economic Development Department•Development Services•Planning•Redevelopment•Business Assistance•Municipal Airport

Page 3: Fall Real Estate Conference 2013 - Power

Breaking Ground: Longmont

Longmont’s Development History

•Pre-1980’s: Radiating Out From Historic Core•Late 1980’s to 2008: NE and SW Expansion•2008 to 2011:

Now and Future: •New/Greenfield Development AND Focusing on Redevelopment (Including PPP’s)

Page 4: Fall Real Estate Conference 2013 - Power

Breaking Ground: Longmont

Current Projects•Twin Peaks Mall Redevelopment•Downtown Commercial/Residential•Retail Renovation•New Single/Multi-Family Residential•Vance Brand Airport•2013 Flood Recovery•Municipal Broadband

Page 5: Fall Real Estate Conference 2013 - Power

Breaking Ground: Longmont

Twin Peaks Mall Redevelopment•Village at the Peaks•Sam’s Club/Whole Foods/Regal Cinemas•Public/Private Partnership•Construction: 2014•Opening: 2015

Page 6: Fall Real Estate Conference 2013 - Power

Breaking Ground: Longmont

Downtown Longmont•Bakeries, Cheese and Beers!

…And a New Place to Live

Page 7: Fall Real Estate Conference 2013 - Power

Breaking Ground: Longmont

Retail Renovation•Parkway Promenade

Page 8: Fall Real Estate Conference 2013 - Power

Breaking Ground: Longmont

New Single and Multi-Family Residential•SF Development in NE/SW Longmont

•Mill Village (220 Multi-Family Units)

Page 9: Fall Real Estate Conference 2013 - Power

Breaking Ground: Longmont

Vance Brand Airport•New Fixed-Base Operator•New Terminal Building Planned•Future Runway Extension Study•Economic Development Impact

Page 10: Fall Real Estate Conference 2013 - Power

Breaking Ground: Longmont

Flood Recovery

•Infrastructure Reconstruction•Capital Improvement Program Focus•Interdepartmental Effort•Building Permit Fee Waivers•Business Recovery Grant

Page 11: Fall Real Estate Conference 2013 - Power

Breaking Ground: Longmont

Municipal Broadband•High Speed Connectivity to Compete on Global Scale•Comparable Speed Not Currently Available•Lower Cost•New Tool in Our Economic Development “Tool Box”•Revenues Stay in the Community•Voters Authorized Up To $45M For Build-Out•Design/Construction 3Q 2014•Build-Out Late 2016

Page 12: Fall Real Estate Conference 2013 - Power

Breaking Ground: Longmont

Brad PowerDirectorEconomic Development DepartmentCity of [email protected]