2025 Market Facts VRP - Flipbook - Page 46
38 | ECO NO MI C PRO FI L E & MA R K ET FACT S 2025
COURTESY BROOMFIELD RECREATION SERVICES
The Bay Aquatic Park, first built in 1991, reopened in early July after a $9.6 million renovation.
BROOMFIELD
U.S. 36 midpoint on road to growth
BROOMFIELD — When a city’s location is close to both Boulder’s
research labs and Denver’s corporate connections, it’s no wonder innovative ventures continue to choose to be there.
Take Louisville-based Sierra Space Corp., for instance. Just weeks after it
publicly launched operations at a manufacturing facility in Centennial, the
aerospace company announced it would open another plant in Broomfield
that would specialize in building solar power systems for defense clients.
Or how about quantum-computing powerhouse Quantinuum, which
scored an industry first by successfully delivering quantum tokens across a
10-kilometer fiberoptic network in Japan.
Then there’s Exabeam, a global leader in intelligence and automation
that powers security. And BAE Systems, formerly Ball Aerospace, which
was selected by U.S. Space Force Space Systems Command to provide a
new satellite command and control system for its Future Operationally
Resilient Ground Evolution (FORGE) program.
The Interlocken Advanced Technology Environment continues to serve
as the area’s primary office park, with a variety of real estate on 900 acres.
It’s home to the headquarters of Vail Resorts Inc., and Webroot Software
Inc. Oracle Corp. has a major facility in Interlocken as well, and has recently opened up several properties on their site to new tenants, including
the newly expanded and renovated headquarters for Crocs Inc., creator of
foam-like clogs and casual footwear.
Nuventra, a consulting firm for the pharmaceutical biotech industry,
has expanded its Broomfield location, and Strategic Environmental & Energy Resources Inc. moved its headquarters to Broomfield from Golden.
Denver-based McWhinney is developing Baseline, a master-planned
mixed-use community on 932 acres at the southwest corner of Interstate
25 and Colorado Highway 7 (Baseline Road). The developer envisions a
20- to 40-year buildout of 6 million to 7 million square feet of commercial
projects, including the development’s Center Street District with retail,
food and beverage, and community amenities. The residential portion
of Baseline is slated to include up to 9,000 homes. Baseline’s Innovation
District, a light-industrial flex and office campus, will be host to Lightship,
the electric RV company, which leased 32,000 square feet to house its pilot
manufacturing operations for the Lightship L1, an aerodynamic, solar and
battery-powered travel trailer.
Construction is underway at the FlatIron Crossing mall, where owner/
operator Macerich is redeveloping the outdoor annex into a mixed-use
18-hour activity center, including new multifamily residential, Class-A
office, hotel, additional retail and elevated food and beverage offerings. An
outdoor green space will complete the development. Additional upgrades
to the interior mall and new retail tenants will continue to support the
retail center. Flatiron Marketplace also continues to see redevelopment as
well, with an additional 1,500 multifamily and townhome units approved
or under construction, and new retail and entertainment tenants.
The new Broomfield Town Square project at 120th Avenue and Main
Street will bring more than 60,000 square feet of commercial (restaurants,
retail, office, and entertainment) in Phase 1. Additionally, the site will see
the reuse of a former Safeway store to create a market hall catering to food
and beverage offerings, coworking space, and event space. 491 housing
units, a public plaza with program and art activations, and a swimmable
4-acre lake with beach and boathouse will complete the development.
The Bay Aquatic Park has reopened after a nearly year-long $9.6 million
renovation and improvement effort.
Additional work in Broomfield is taking place at Arista, the transit-oriented mixed-use development near the southeast corner of U.S. Highway
36 and Wadsworth Parkway.
Broomfield has an additional 3 million square feet of commercial and
light-industrial properties under construction or approved for development or redevelopment, supporting key sectors like bioscience, aerospace,
and newer industries like quantum computing.
The Interlocken and Arista areas and Broomfield overall enjoy nextdoor access to Rocky Mountain Metropolitan Airport in Jefferson County,
with corporate jet services.
