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STEERING COMMITTEE MEETING # 5
SEPTEMBER 18, 2018
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
Introduction1.
2.
3.
4.
Market Conditions
Preliminary Development Concepts
Open Discussion
STEERING COMMITTEE MEETING #5 AGENDA
5. Next Steps
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
Open Discussion
Next Steps
Visualize
Stadium DistrictMaster Plan
Strategize Realize
Public Meetings
Steering Committee Meetings
Month MAY JUNE JULY AUG SEPT OCT NOV DEC JAN FEB MAR APR MAY
Steering Committee Meeting #5September 18th
PLANNING PROCESS
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
PLANNING PROCESS
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
STUDY AREA
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
• Seamless Connections
Neighborhood Connections
Economic Connections
Mobility Connections
PUBLIC & STEERING COMMITTEE INPUT
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
• Seamless Connections
Neighborhood Connections
Economic Connections
Mobility Connections
• Better Ways to Move to &Move Through
Pedestrian Priority/Walkability
North/South Connections
East/West Connections
Access to and from Light Rail
Healthy Ways to Move
PUBLIC & STEERING COMMITTEE INPUT
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
FUNCTIONAL FRAMEWORK PLAN
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
MOBILITY FRAMEWORK PLAN
N 0
N.T.S.
200’ 600’400’
Goals• Better connect to surrounding
neighborhoods
• Increase multimodal transportation options
• Create a walkable neighborhood
• Provide access to natural resources and public space
Potential Open Space
Existing Streets
Potential Streets
Water Boundary
Legend
Existing Downtown Street Connections
Existing Light Rail
Parks
STUDY AREA
W. COLFAX AVE.
FED
ERA
L B
LVD
.
I-25
I-25
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
POTENTIAL ROAD NETWORK
Water Boundary
Legend
Existing Streets
Potential StreetsN 0
N.T.S.
200’ 600’400’
Existing Light Rail
Parks
W. COLFAX AVE.
FED
ERA
L B
LVD
.
I-25
I-25
Objectives• Utilize existing road network to contin-
ue connections through the plan area
• Provide additional north/south and east/west connections
• New connections should include a variety of street types that prioritize pedestrians and bicyclists
Stadium
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
POTENTIAL PEDESTRIAN NETWORK
Potential Pedestrian Connections
Water Boundary
Legend
Existing Light Rail
Parks
Existing Pedestrian ConnectionsN 0
N.T.S.
200’ 600’400’
Objectives• Enhance connections to and
from light rail stops
• Provide additional connection under W. Colfax Ave.
• Provide additional connections to the South Platte River
• Improve important intersectionsW. COLFAX AVE.
FED
ERA
L B
LVD
.
I-25
I-25
Stadium
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
2.
3.
4.
Market Conditions
Preliminary Development Concepts
Open Discussion
5. Next Steps
1. Introduction
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
Open Discussion
Next Steps
COMMUNITY INPUT / SUPPORT
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
METROPOLITAN FOOTBALL STADIUM DISTRICT SITE ATTRIBUTES
• Transit Oriented Development •Access to two (2) light rail stations via two (2) separate rail lines• Access – The most accessible site in the Metro area• Natural Path of Development – Extension of Downtown• Visibility/ Identity
• Access to Amenities: •Retail •Hotels •Entertainment •Outdoors! Four (4) Parks and the River •CBD •Game Day Event Center •Broncos Stadium at Mile High
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
DENVER MARKET: RELEVANT FACTS
• 3Q18 marks the 35th straight quarter of positive absorption in the office market
• Big coworking wave; currently over 2 MSF of coworking space in Denver, WeWork alone wants to be at 2 MSF in Denver
• Tech loves DT Denver (talent pool, quality of life) – relocations, startups & expansions
• Continued “flight to quality” despite cost – majority of absorption is in the Class A sector (2015-present)
• High demand for TOD/proximity to transit, in urban and suburban locations (most of DT is transit-accessible)
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
• Currently, three (3) large blocks of space over 100,000 SF in Downtown – All will be gone by the end of 2018
• Over the last seven (7) years, 16 buildings have been constructed and have an overall occupancy of 96%
• 9,942 Multi-Family Units completed since 2014. 13,700 Units under construction / proposed.
• Those units cannot accommodate the migration into Colorado
• 77,000 Net Migration to Colorado - 2017• Current vacancy of multi-family unit Downtown is less than
10%• Denver Hotel Occupancy is at 73.7%, almost eight (8)
points above the national average, while demand is 5.1% (compared to the national average of 2.1%)
DENVER MARKET: RELEVANT FACTS
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
Questions?
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
3.
4.
Preliminary Development Concepts
Open Discussion
5. Next Steps
1. Introduction
2. Market Conditions
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
W. COLFAX AVE.
FED
ERA
L B
LVD
.
I-25
I-25
Stadium
W. COLFAX AVE.
FED
ERA
L B
LVD
.
I-25
I-25
Stadium
W. COLFAX AVE.
FED
ERA
L B
LVD
.
I-25
I-25
Stadium
Activity Nodes
Connections
Intensity
Option 1 Option 2 Option 3PRELIMINARY DEVELOPMENT CONCEPTS
Existing Parks / Open Space
Legend
Proposed Event Space
South Platte River
Gameday Plaza
Pedestrian Plazas
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
OPTION 1
W. COLFAX AVE.
FED
ERA
L B
LVD
.
I-25
I-25
Stadium
Activity Nodes
Connections
Existing Parks / Open Space
Legend
Proposed Event Space
South Platte River
Gameday Plaza
• Dispersed nodes of activity
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
OPTION 1
W. COLFAX AVE.
FED
ERA
L B
LVD
.
I-25
I-25
Stadium
Activity Nodes
Connections
Intensity
Existing Parks / Open Space
Legend
Proposed Event Space
South Platte River
Gameday Plaza
Pedestrian Plazas
• Areas of intensity are organized around the activity nodes
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
OPTION 1
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
OPTION 1
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
OPTION 2
W. COLFAX AVE.
FED
ERA
L B
LVD
.
I-25
I-25
Stadium
Activity Nodes
Connections
Existing Parks / Open Space
Legend
Proposed Event Space
South Platte River
Gameday Plaza
• Strong east west spine with signature plazas that connect to the river
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
OPTION 2
W. COLFAX AVE.
FED
ERA
L B
LVD
.
I-25
I-25
Stadium
Activity Nodes
Connections
Intensity
Existing Parks / Open Space
Legend
Proposed Event Space
South Platte River
Gameday Plaza
Pedestrian Plazas
• The intensity is compatible with site topography and slope from high to low
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
OPTION 2
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
OPTION 2
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
OPTION 3
W. COLFAX AVE.
FED
ERA
L B
LVD
.
I-25
I-25
Stadium
Activity Nodes
Connections
Existing Parks / Open Space
Legend
Proposed Event Space
South Platte River
Gameday Plaza
• Activity centers aligned in a strong north south configuration
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
OPTION 3
W. COLFAX AVE.
FED
ERA
L B
LVD
.
I-25
I-25
Stadium
Activity Nodes
Connections
Intensity
Existing Parks / Open Space
Legend
Proposed Event Space
South Platte River
Gameday Plaza
Pedestrian Plazas
• Intensity organized along a strong north south spine
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
OPTION 3
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
OPTION 3
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
2.
3.
4.
Market Conditions
Preliminary Development Concepts
Open Discussion
5. Next Steps
1. Introduction
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
W. COLFAX AVE.
FED
ERA
L B
LVD
.
I-25
I-25
Stadium
Option 1 Option 2 Option 3GROUP DISCUSSION
W. COLFAX AVE.
FED
ERA
L B
LVD
.
I-25
I-25
Stadium
W. COLFAX AVE.
FED
ERA
L B
LVD
.
I-25
I-25
Stadium
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
2.
3.
Market Conditions
Preliminary Development Concepts
5. Next Steps
1. Introduction
4. Open Discussion
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
Visualize
Stadium DistrictMaster Plan
Strategize Realize
Public Meetings
Steering Committee Meetings
Month MAY JUNE JULY AUG SEPT OCT NOV DEC JAN FEB MAR APR MAY
Community Meeting #2October 30th, 2018
Denver Stadium West Conference Hall
PLANNING PROCESS
STADIUM DISTRICT MASTER PLANSTEERING COMMITTEE #5
Community Meeting #2October 30th, 2018
Denver Stadium West Conference Hall
Thank You for your Participation