A PEX RARE 863± ACRE MIXED-USE, MASTER PLANNED ...apexvistaco.com/assets/files/Apex Vista Marketing Brochure[3][1].pdfPRICE PER ACRE $22,000 CURRENT ZONING H-A – Holding Agriculture

Representatives:

Jake Hallauer, [email protected]

Chrisland Real Estate CompaniesPhone: 970-663-3150 www.ChrislandRealEstateCompanies.com

Ryan [email protected]

GREELEY(UNC)

WINDSOR

JOHNSTOWN

Northern ColoradoRegional Airport

2534 & JOHNSTOWN PLAZA

N

10TH STREET

GREELEY #1 NATIONWIDE

FOR GROWTH IN JOBS AND THE

ECONOMY¹

Greeley MSA ranks as nation’s fourth-fastest-growing²

Weld ranks within top 10 nationally

in population growth³

1) WalletHub2) U.S. Census Bureau3) Bureau of Labor Statistics

PROMONTORY BUSINESS PARK

30,000±VPD

FORT COLLINS

(CSU)

SWC OF HIGHWAY 34 & HIGHWAY 257, GREELEY, CO

10± MILES FROM SITE TO HWY 85

LOVELAND

PROMENADE SHOPS AT CENTERRA

CENTERPLACE

Colorado State Demography Office predicts Greeley will more than double in population by 2050!

CO

UN

TY R

OA

D 1

7

SITE

863± ACRESAVAILABLE

A PEXV ISTA

RARE 863± ACRE MIXED-USE, MASTER PLANNED, DEVELOPMENT OPPORTUNITY LOCATED AT THE EPICENTER OF NORTHERN COLORADO’S GROWTH

10,0

00±

VP

D5.5± MILES FROM SITE TO I-25

Representatives:




A PEXV ISTA

EXECUTIVE SUMMARY PROPERTY HIGHLIGHTS

• Located at the epicenter of the region’s growth, at the highest point in Weld County for incredible mountain views

• Near an abundance of retailers, restaurants, employers, health care providers & other services

• Quick access to Highway 34 and Highway 257

LAND AREA 863± Acres

ASKING PRICE $18,986,000

PRICE PER ACRE $22,000

CURRENT ZONING H-A – Holding Agriculture

PARCEL NUMBERS095715000012095715200018095716300019

CURRENT MILL LEVY 62.733

COUNTY Weld

THE SITE:Chrisland Real Estate Companies (“Chrisland”) is pleased to present this development opportunity of approximately 863 acres in burgeoning Northern Colorado. Located approximately 5.5 miles east of Interstate 25, at the southwest corner of Highway 34 and Highway 257 interchange, in Greeley (“Site”). The Site sits at the highest point in Weld County providing phenomenal views of the mountains.

MARKET OVERVIEW & AREA INFORMATION:• LOCATION: Rapidly growing, regional location, with quick access to Highway 34

and Highway 257 and centrally located for travel to and from any Northern Colorado municipality and the Denver Metro area.

• POPULATION: Northern Colorado is one of the fastest growing areas in Colorado with a current population of approximately 845,000 (30 mile radius from I-25 and US 34).

• EDUCATION: Northern Colorado features two major universities: Colorado State University (33,877+ students) and the University of Northern Colorado (12,862+ students). Both are significant employers and contribute greatly to the vibrancy of the local economy by providing jobs, an educated workforce, and technology transfer to the private sector.

• MAJOR EMPLOYERS: UCHealth, Banner Health, Agrium, State Farm Insurance, JBS USA, Intel, HP, Leprino Foods, Woodward, Broadcom Ltd., and many more.

• SERVICES & PUBLIC AMENITIES: Extensive shopping and dining, cultural and recreational amenities, numerous golf courses and health care facilities.

• RESIDENTIAL DEMAND: Due to the desirability of Northern Colorado and lack of supply of developed residential lots, the region has experienced above average appreciation in relation to other areas of the state.

SWC OF HIGHWAY 34 & HIGHWAY 257, GREELEY, CO

Representatives:




Median Home prices in Greeley/Evans area increased by 13% YOY(as of November, 2018, Source: IRES/BizWest)

Approximately 9,500 new home starts in Weld County in past year.(as of Q2’, 2018 Source: Metrostudy)

10-MILES 15-MILES 20-MILES

2018 Est. Population 213,293 415,983 607,573

2023 Projected Population 237,615 458,787 671,413

2018 Est. Avg. HH Income $84,741 $88,675 $87,276

Median Age 34.2 36.1 35.0

Daytime Employment 100,980 195,819 276,716

Source: Site To Do Business, December, 2018

DEMOGRAPHICS

HOUSING STATS

Source: CoStar, U.S. Bureau of the Census

NORTHERN COLORADO GROWTH

The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. Chrisland Real Estate Companies makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of Chrisland Commercial Real Estate, Inc. Any duplication without Chrisland Real Estate Companies express written consent is prohibited.

COMMUNITY ACCOLADESNorthern Colorado communities are consistently being recognized on “top and best of” lists.

• Greeley ranks #1 nationwide for growth in jobs and the economy. (WalletHub - October, 2018)

• Weld County GDP growth in 2017 No. 6 in the nation. (U.S. Department of Commerce - September, 2018)

• Greeley ranked in ‘Top 20 Cities to Raise a Family’. (SmartAsset - November, 2017)

• Weld County ranks 3rd nationwide for job growth. (Bureau of Labor Statistics - Q3’, 2017)

• Greeley Metropolitan Area ranks #7 Fastest Job Growth in nation. (24/7 Wall Street - August, 2017)

• Greeley MSA ranks as nation’s fourth-fastest-growing. (U.S. Census Bureau - March, 2017)

POPULATION GROWTH

FRONT RANGE ANNUALIZED EMPLOYMENT GROWTH (13Q2 - 18Q2)

FRONT RANGE ANNUALIZED INCOME GROWTH (2011-2016)

Representatives:




NORTHERN COLORADO: HIGH QUALITY OF LIFE & RAPID GROWTH

Timnath

Milliken

BerthoudSITE

UCHealth Greeley Hospital 5 minutes

King Soopers Marketplace (71st Ave & 10th Street) 7 minutes

2534 & Johnstown Plaza 8 minutes

Promenade Shops at Centerra 8 minutes

Budweiser Event Center 12 minutes

Medical Center of the Rockies 12 minutes

Walmart Supercenter (Loveland) 13 minutes

Northern Colorado Regional Airport 14 minutes

University of Northern Colorado 15 minutes

Colorado State University 31 minutes

Amazon (144th & I-25) 37 minutes

Boulder 48 minutes

Downtown Denver 49 minutes

Denver International Airport 53 minutes

Estes Park 59 minutes

DRIVE TIMES

Northern Colorado is characterized by front range views and activities such as outdoor parks and trails, pristine golf courses, shopping, art galleries, restaurants, breweries and distilleries.

Source: www.google.com/maps

NEARBY CATALYSTS

Medical Center of the Rockies - Regional Hospital

Budweiser Events Center 7,000 seat Event Center

Northern Colorado Regional Airport

SCHEELS at Johnstown Plaza 250,000 sq. ft. All Sports Superstore

Leprino Foods

University of Northern Colorado

10 Miles

Centerplace Shopping Center

UCHealth - Greeley Hospital

SITE

Representatives:




Source: BizWest 2018 Book of Lists

AREA EMPLOYMENT

Agrium

Anheuser Busch

Banner Health Colorado

Broadcom Ltd.

Colorado State University

Good Samaritan Society

Hach

Hewlett Packard

High Country Beverage

JBS USA

Larimer County

Leprino Foods

O-I

OtterBox

Poudre School District

Qualfon

SCHEELS

State Farm Insurance

Swire Coca-Cola, USA

Tolmar

University of Colorado Health

University of Northern Colorado

Vestas Blades A/S

Wal-Mart Distribution Center

Weld County School District

Woodward, Inc.

NOTABLE NORTHERN COLORADO EMPLOYERS

The economy in Northern Colorado is enriched with a diverse mix of many manufacturing, R&D and service-related fields. Many high-tech companies have relocated here due to the resources of Colorado State University and its prestigious research facilities.

WELD COLORADO US COUNTY

OCTOBER, 2018UNEMPLOYMENT RATES

Source: Bureau of Labor Statistics

Representatives:




LOCATION INFORMATIONNORTHERN COLORADO Nestled between the Rocky Mountains, Colorado’s high plains and Denver International Airport – Northern Colorado communities consistently rank as some of the best locations in the country for business, lifestyle and craft beer.

Northern Colorado’s trade area consists of approximately 845,000 people (within 30 miles of I-25 & US 34). The trade area is well-known for its high quality of life and is home to two major universities, a young, well educated, population, and a diverse and well compensated workforce. Northern Colorado offers outdoor activities and recreation for every season. With ideal proximity to Rocky Mountain National Park and Estes Park as the main gateway, residents enjoy an active lifestyle through activities such as mountain biking, backpacking, kayaking, rafting and camping, and have easy access to world-class skiing and snow sports in the Rocky Mountains.

PATH OFDEVELOPMENT

POPULATION& EMPLOYMENT

GROWTHQUALITYOF LIFE

Colorado State Demography Office predicts Greeley will more than double in population by 2050.

Source: Denver Post

Representative Photos

VIEW FROM SITE

CENTRALLOCATION

Representatives:




Parcel E: Residential77.4± acres

Parcel A: MULTI-FAMILY34.6± acres

Parcel B: COMMERCIAL43.1± acres

Parcel C: MULTI-FAMILY58.5± acres

Parcel D: COMMERCIAL59.4± acres

Parcel I: Residential

146.8± acres

Parcel H: Residential89.7± acres

Parcel G: Residential

185.2± acres

Parcel F: Residential

102.1± acres

CONCEPTUAL PLAN (Subject to Intergovernmental Agreement)

HIGHWAY 34


BUSINESS 34/1

0TH STREET

Intergovernmental Agreement: click here

RESIDENTIAL

MULTI-FAMILY

COMMERCIAL

HIG

HW

AY

257

INDUSTRIAL /COMMERCIAL

INDUSTRIAL/COMMERCIAL

MULTI-FAMILY

MULTI-FAMILY / MIXED-USE

COMMERCIAL

RESIDENTIAL

RESIDENTIAL

RESIDENTIAL

RESIDENTIAL

RESIDENTIAL

INDUSTRIAL/COMMERCIAL

Hampden Town Center:

https://www.chrislandrealestatecompanies.com/wp-content/uploads/2018/12/Windsor-Greeley-IGA-2008-2004.pdf

Representatives:




AREA GROWTH

GREELEY WELL PREPARED FOR POPULATION GROWTH. View full article

Weld County is one of the three fastest-growing counties in Colorado, the other two being Larimer and El Paso.

Since 2010, nearly 600,000 residents have moved to Colorado. Much of that growth has come along the Front Range, including Greeley and Weld County.

Mayor John Gates and City Manager Roy Otto said Greeley is well positioned for what the future holds. Infrastructure, Gates said, is a priority. Since 2015, when the taxpayer-approved Capital Improvement Plan went into effect, the city has spent $14 million annually on roads. Recent improvements include the widening of 20th Street, paving parts of 16th Street, and the replacement of the 71st Avenue bridge over Sheep Draw.

In addition, City Manager Roy Otto said the city has $12 million in reserves, thanks in part to one-time oil and gas royalties. Projects that could be funded — and which are pending council approval — include quiet railroad crossings, East 8th Street improvements and helping to fund the Greeley/Windsor combined broadband study.

Otto also pointed to current construction projects — approved and in the design stages — that he said will have a positive impact on the growing area. Five residential developments representing 650 units are shovel-ready, three new developments are in the approval process, and seven more are in the design process.

GREELEY & FORT COLLINS WILL MORE THAN DOUBLE. View full article

Northern Colorado and the Western Slope will claim larger shares of Colorado’s population as the state adds 3 million new residents over the next three and a half decades, according to state forecasts.

Greeley and Fort Collins will more than double in population and the Western Slope will grow by two-thirds by 2050, the State Demography Office predicts, while Denver, Boulder, Pueblo and the central mountain resorts will grow at slower rates. Also, El Paso County will overtake a built-out Denver County as the state’s most populated.

Between 2015 and 2050, Colorado will add the equivalent of another metro Denver, on its way to 8.46 million residents. Though it’s a lot of people, the state’s rate of growth actually is predicted to slow during that period as the baby boomer generation moves on.

https://www.greeleytribune.com/news/business/greeley-busy-preparing-for-population-growth-spurt/

http://www.denverpost.com/2017/11/07/colorado-population-growth-fastest-regions/

Representatives:




PROPERTY DETAILS

UTILITIES


• Existing sewer line (with unknown capacity to serve the future development of the Property) located near the southeast corner of the property along Highway 257.

• Large water main running north through the property from Gold Hill water tower and another main along the southern boundary of the property.

• Natural gas pipeline going which runs north-south through the property.

ENTITLEMENTS • Annexed and zoned (H-A – Holding Agriculture) within the City of Greeley• Site is subject to Intergovernmental Agreement: click here

MUNICIPAL FEES • City of Greeley Water and Sewer Fees: click here

• City of Greeley Development Impact Fee Schedule: click here

VIEWS FROM SITE

ENTERPRISE ZONE & INCENTIVES• Property is located within the Colorado Enterprise Zone. Businesses may

potentially qualify for tax credits. Colorado Enterprise Zone: click here

• Greeley Economic Development Incentives: click here

https://www.chrislandrealestatecompanies.com/wp-content/uploads/2018/12/Windsor-Greeley-IGA-2008-2004.pdf

http://greeleygov.com/services/ws/development/rates

http://greeleygov.com/docs/default-source/community-development/building-inspection/fee-schedules/2018-development-impact-fees.pdf

https://choosecolorado.com/doing-business/incentives-financing/ez/

https://greeleyecodevo.com/incentives/

Representatives:




COMPARABLE LAND SALES


Northern Colorado Large Land Tract Comparable Property Sales

Date Location Development Name Use Size (AC) Purchase Price Price Per Acre Frontage on major road Source of Information

2016-2017SWC & SEC of Highway 56 & County Line Road,

BerthoudFarmstead Mixed-use 315 $9,590,557 $30,432 Highway 56 Public records

Jul-16 3154 S. County Road 11, Loveland Evans Ranch TBD future

development 365 $6,901,000 $18,907 N/A Public records

Jun-15 SEC of W. 37th Street & 77th Avenue, Evans

Coltrane Crossing Mixed-use 225 $6,700,000 $29,778 N/A Public records & CoStar

Dec-07 NWC E-470 & I-25, Broomfield Anthem Mixed-Use 935 $32,500,000 $34,759 I-25 & Highway 7 Broomfield Enterprise & public

records

2005-2006Near NWC of Highway 287 & CR 17 (Berthoud

Pkwy.), BerthoudHeron Lakes Mixed-use 712 $15,400,000 $21,629 N/A Public records

MEAN 510 14,218,311$ 27,101$ MEDIAN 365 9,590,557$ 29,778$

The information contain herein is from sources believed to be accurate, but it is not guaranteed to be free of error and is subject to change without notice. All parties should verify this information on their own behalf.

Documents

A PEX RARE 863± ACRE MIXED-USE, MASTER PLANNED ...apexvistaco.com/assets/files/Apex Vista Marketing Brochure[3][1].pdfPRICE PER ACRE $22,000 CURRENT ZONING H-A – Holding Agriculture