Colorado Aerotropolis Visioning Study

DRAFT REPORT DRAFT INFRASTRUCTURE THE ANALYSIS TO QUANTIFY THE POTENTIAL OF A COLORADO The study examained water, wastewater, drainage, power, communications, and AEROTROPOLIS FOUND: transportation infrastructure. It determined collaborative opportunities for catalytic FINDINGS and sustainable infrastructure investments based on projected development under near- and long-term Aerotropolis Scenarios. Participants The established Participants Local revenues could range between The focus of the infrastructure investment would be to provide fast and recognize need local plans share $705 to $735 million and are roughly efficient multimodal movement options for delivery of people, goods, and for infrastructure have many enthusiasm for similar to the costs associated with additional information between DIA and the surrounding development areas. investments commonalities catalytic actions infrastructure investment of $725 to $775 million REPRESENTATIVE MULTIMODAL CONCEPT FOR AEROTROPOLIS ARTERIAL COLORADO THE HISTORY What is an aerotropolis? How did we get here? QUANTIFYING AEROTROPOLIS ECONOMIC POTENTIAL What is the study area? What are the study objectives?

BY 2040, A PROACTIVELY PLANNED AEROTROPOLIS DIA IS MIDWAY BETWEEN EUROPE, ASIA, AFRICA, AND SOUTH AMERICA 74,000 COULD GENERATE AN ADDITIONAL 18,500 ON-AIRPORT NEW JOBS AND 55,500 OFF-AIRPORT JOBS AEROTROPOLIS

210,000 LIVING IN AND NEAR THE COLORADO AEROTROPOLIS AREA THE STUDY RESIDENTS VISIONING STUDY The study created a forum for jurisdictions, stakeholders, and to share ideas, information, NEW DEVELOPMENT CONSTRUCTION London 18 TO 32 MILLION UP TO 9,500 DIRECT and visions for realizing the Vancouver EUROPE 16 14 12 10 8 6 4 2 HOURS HOURS HOURS HOURS HOURS HOURS HOURS HOURS SQUARE FEET OF AND 3,200 INDIRECT GOVERNANCE opportunities presented by an New York ADDITIONAL COMMERCIAL CONSTRUCTION JOBS Tokyo aerotropolis. ASIA Shanghai Los Angeles DEVELOPMENT OVER 25 YEARS Denver Cairo The study identified a near-term Hong Kong Abu Dhabi objective to establish a regional AFRICA entity or a governance structure for Panama City Singapore advancing infrastructure investments. 75,000 NEW SOUTH HOUSING UNITS Upon further exploration of this AMERICA CONSTRUCTED TO concept, the study: Sao Paulo AUSTRALIA Johannesburg HOUSE AEROTROPOLIS THE FINDINGS Sidney BENEFITS WORKERS  Identified key decision Buenos Aires FROM GROWTH GENERATED BY AN INCREASED LABOR points that will need to be A proactively planned AEROTROPOLIS PRODUCTIVITY negotiated. Aerotropolis has economic RESULTS IN FROM “AGGLOMERATION” potential and has challenges ECONOMIC AND EFFECT THAT ATTRACTS EMPLOYMENT NODES  Recommended a FISCAL NET GAINS HIGHLY QUALIFIED WHERE SIMILAR INDUSTRIES process for further to implement. FOR THE DENVER TALENT POOL TO THE AND BUSINESSES CAN negotiations. DIA IS A REGIONAL ASSET WITH IMMENSE ECONOMIC DEVELOPMENT POTENTIAL METROPOLITAN ROCKY MOUNTAIN CLUSTER TOGETHER AREA REGION  Identified possible candidate mechanisms for structuring a regional CHALLENGES TO REALIZING AEROTROPOLIS ECONOMIC POTENTIAL entity. THE PARTICIPANTS COMPETITION REVENUE GOVERNANCE STRATEGY COMPETITION LOCATION Core jurisdiction participants WITH OTHER MAJOR STREAM TO PROVIDE TO FOSTER WITH OTHER OF NEW HOUSING TO were Adams County, Aurora, AIRPORT HUBS FOR AVAILABILITY TO AN EFFECTIVE COLLABORATIVE AND REGIONAL PRIORITIES ACHIEVE BALANCED AIRPORT-RELATED FINANCE INITIAL REGIONAL ROBUST ECONOMIC FOR GENERATED AND SUSTAINABLE Brighton, Commerce City, Denver, INDUSTRIES INVESTMENTS STRUCTURE DEVELOPMENT REVENUE GROWTH and Denver International Airport. DRAFT DRAFT AEROTROPOLIS VISION STUDY PARTICIPATION 124 STAKEHOLDERS 37 OPEN MEETINGS INDIVIDUALS FROM LOCAL AND THAT GENERATED IDEAS VISIONING STUDY A forum was created as a platform for core jurisdictions and other PARTICIPATED REGIONAL PLANNING AND THROUGH DISCUSSION OBJECTIVES “A sustainable, stakeholders to share ideas, information, and visions for realizing IN THE STUDY ECONOMIC DEVELOPMENT AND EXERCISES HISTORY the opportunities presented by an aerotropolis AGENCIES efficient, well- LEARN ABOUT THE AEROTROPOLIS CONCEPT connected, and WHAT IS AN AEROTROPOLIS? globally recognized AN URBAN PLAN IN WHICH THE LAYOUT, COLLABORATE TO CREATE AN AEROTROPOLIS VISION INFRASTRUCTURE, AND ECONOMY ARE CENTERED AROUND AN AIRPORT. Aerotropolis that

IDENTIFY COMMONALITIES AMONG LOCAL PLANS capitalizes on the economic opportunity QUANTIFY THE POTENTIAL FOR ECONOMIC GROWTH surrounding the Denver International THE  The core participants in the study were the jurisdictions adjacent to or near the airport — Adams County, IDENTIFY A FRAMEWORK FOR COLLABORATION Aurora, Brighton, Commerce City, and Denver, in coordination with DIA. BACKGROUND ON INFRASTRUCTURE INVESTMENTS Airport through CORE  They were joined by representatives from interested economic development groups, transportation agencies, and other infrastructure agencies. Denver International Airport (DEN) opened in 1995 on the outskirts of the collaborative planning, Denver metropolitan area. In the 20 years since it opened, it has become a OUTLINE GOVERNANCE OPTIONS TO IMPLEMENT INVESTMENTS powerful economic engine in Colorado with $26 billion in annual economic development, and impact. The airport sits at the intersection of interstate highways, rail and air freight connections, and will soon open a new commuter rail between marketing.” DIA and downtown Denver. There are daily direct flights that connect to many major economic centers around the globe. DIA has ample room for growth and is positioned to be competitive in the global marketplace UNREALIZED — COLORADO AEROTROPOLIS by attracting more commercial activity. OPPORTUNITY AEROTROPOLIS STUDY AREA VISIONING STUDY PARTICIPANTS

Today there are still thousands of acres of undeveloped The Colorado study area boundaries define an area of influence that impacts or will be land surrounding DIA that represent one of the most >$1 BILLION impacted by the current and future economic conditions both on and off airport. unrealized economic opportunities in the world. IN PLANNED ROADS NEAR DEN Brighton 76 VISIONING STUDY & IGA AMENDMENT 85  STUDY AREA Adams  DIA PROPERTY BOUNDARY During the course of the Visioning Study, Denver 25,000 ACRES County  FASTRACKS LINE and Adams County passed Ballot Measure 1A, an OF PLANNED DEVELOPMENTS NEAR DEN  FASTRACKS STATION amendment to their original Intergovernmental Agreement regarding DEN. Both the study and the 76 amendment were motivated by a collaborative VISIONING STUDY vision for future development to spur growth Reunion residential development and change on and around the airport. DIA IS 25 MILES INCREASED FROM DOWNTOWN DENVER IN A NATURAL Commerce DEN COMMERCIAL The Visioning Study was conducted METROPOLITAN EXPANSION AREA City DEVELOPMENT Infrastructure can be a catalyst starting independently from the political process 76 RESEARCH CYCLE OF DEVELOPMENT ON AND OFF  a cycle of development Fitzsimons/Anschutz AIRPORT that led to the Intergovernmental redevelopment When commercial development occurs Agreement (IGA) Amendment. Visioning Study After reviewing the aerotropolis case studies, study participants  on airport property, the airport benefits The Colorado Department of participants learned came to understand the importance of infrastructure as the first INCREASED INCREASED from non-airline revenue Transportation (CDOT) administered 1,500 ACRES of other aerotropolis step in launching a healthy cycle of development. ATTRACTIVENESS NON-AIRLINE 76 TO BUSINESSES REVENUE the study as a neutral, OF NET LEASABLE DIA PROPERTY Front Range Airport case studies that Non-airline revenue allows airports to objective party. 270 outlined keys It was found that collaborative investments in transporation,  lower operating costs for airlines water, power, communications resources, and other supporting civil to success and This increases the attractiveness of the 70 obstacles to infrastructure have historically been the catalyst for a self-sustaining ADDITIONAL LOWER  airport for further development POTENTIAL AT DIA TO BUILD avoid. aerotropolis. Investment in infrastructure can be a trigger that leads to AIRLINE AIRLINE 61st & Peña FasTracks Station ROUTES OPERATING increased attractiveness to businesses that achieves the ultimate goal COSTS Increased development leads to further 6 MORE RUNWAYS of benefiting both the airport and the economy.  investments in infrastructure 70 Denver 70 70 70 Aurora 70 25 DRAFT DRAFT AEROTROPOLIS VISION STUDY PARTICIPATION 124 STAKEHOLDERS 37 OPEN MEETINGS INDIVIDUALS FROM LOCAL AND THAT GENERATED IDEAS VISIONING STUDY A forum was created as a platform for core jurisdictions and other PARTICIPATED REGIONAL PLANNING AND THROUGH DISCUSSION OBJECTIVES “A sustainable, stakeholders to share ideas, information, and visions for realizing IN THE STUDY ECONOMIC DEVELOPMENT AND EXERCISES HISTORY the opportunities presented by an aerotropolis AGENCIES efficient, well- LEARN ABOUT THE AEROTROPOLIS CONCEPT connected, and WHAT IS AN AEROTROPOLIS? globally recognized AN URBAN PLAN IN WHICH THE LAYOUT, COLLABORATE TO CREATE AN AEROTROPOLIS VISION INFRASTRUCTURE, AND ECONOMY ARE CENTERED AROUND AN AIRPORT. Aerotropolis that

Today there are still thousands of acres of undeveloped The Colorado study area boundaries define an area of influence that impacts or will be land surrounding DIA that represent one of the most >$1 BILLION impacted by the current and future economic conditions both on and off airport. unrealized economic opportunities in the world. IN PLANNED ROADS NEAR DEN Brighton 76 VISIONING STUDY & IGA AMENDMENT 85  STUDY AREA Adams  DIA PROPERTY BOUNDARY During the course of the Visioning Study, Denver 25,000 ACRES County  FASTRACKS LINE and Adams County passed Ballot Measure 1A, an OF PLANNED DEVELOPMENTS NEAR DEN  FASTRACKS STATION amendment to their original Intergovernmental Agreement regarding DEN. Both the study and the 76 amendment were motivated by a collaborative VISIONING STUDY vision for future development to spur growth Reunion residential development and change on and around the airport. DIA IS 25 MILES INCREASED FROM DOWNTOWN DENVER IN A NATURAL Commerce DEN COMMERCIAL The Visioning Study was conducted METROPOLITAN EXPANSION AREA City DEVELOPMENT Infrastructure can be a catalyst starting independently from the political process 76 RESEARCH CYCLE OF DEVELOPMENT ON AND OFF  a cycle of development Fitzsimons/Anschutz AIRPORT that led to the Intergovernmental redevelopment When commercial development occurs Agreement (IGA) Amendment. Visioning Study After reviewing the aerotropolis case studies, study participants  on airport property, the airport benefits The Colorado Department of participants learned came to understand the importance of infrastructure as the first INCREASED INCREASED from non-airline revenue Transportation (CDOT) administered 1,500 ACRES of other aerotropolis step in launching a healthy cycle of development. ATTRACTIVENESS NON-AIRLINE 76 TO BUSINESSES REVENUE the study as a neutral, OF NET LEASABLE DIA PROPERTY Front Range Airport case studies that Non-airline revenue allows airports to objective party. 270 outlined keys It was found that collaborative investments in transporation,  lower operating costs for airlines water, power, communications resources, and other supporting civil to success and This increases the attractiveness of the 70 obstacles to infrastructure have historically been the catalyst for a self-sustaining ADDITIONAL LOWER  airport for further development POTENTIAL AT DIA TO BUILD avoid. aerotropolis. Investment in infrastructure can be a trigger that leads to AIRLINE AIRLINE 61st & Peña FasTracks Station ROUTES OPERATING increased attractiveness to businesses that achieves the ultimate goal COSTS Increased development leads to further 6 MORE RUNWAYS of benefiting both the airport and the economy.  investments in infrastructure 70 Denver 70 70 70 Aurora 70 25 DRAFT REPORT DRAFT INFRASTRUCTURE THE ANALYSIS TO QUANTIFY THE POTENTIAL OF A COLORADO The study examained water, wastewater, drainage, power, communications, and AEROTROPOLIS FOUND: transportation infrastructure. It determined collaborative opportunities for catalytic FINDINGS and sustainable infrastructure investments based on projected development under near- and long-term Aerotropolis Scenarios. Participants The established Participants Local revenues could range between The focus of the infrastructure investment would be to provide fast and recognize need local plans share $705 to $735 million and are roughly efficient multimodal movement options for delivery of people, goods, and for infrastructure have many enthusiasm for similar to the costs associated with additional information between DIA and the surrounding development areas. investments commonalities catalytic actions infrastructure investment of $725 to $775 million REPRESENTATIVE MULTIMODAL CONCEPT FOR AEROTROPOLIS ARTERIAL COLORADO THE HISTORY What is an aerotropolis? How did we get here? QUANTIFYING AEROTROPOLIS ECONOMIC POTENTIAL What is the study area? What are the study objectives?