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Avelon Land 22050 E Avelon Land 22050 E. 64th Avenue, Aurora, CO AVELON LAND OPPORTUNITY ZONE 1,030 Residential Lots 2018 DESIGNATION Parcel 2: +/-9.94 Acres PICADILLY ROAD Parcel 3: +/-20.15 Acres GREEN Parcel 1: +/-23.66 Acres VALLEY E 56TH AVENUE RANCH GAYLORD ROCKIES RESORT AND CONVENTION CENTER E 64TH AVENUE 1,501 Hotel Rooms | 485 SF Convention Center SINGLE TREE LAND SITES NEAR EMERGING DIA AEROTROPOLIS LAND AVAILABLE IN A FEDERAL QUALIFIED OPPORTUNITY ZONE Price Investment Details Call Broker for pricing • Hospitality, restaurant, entertainment, multi-family, retail pads & residential lots information • Land is held in a Federal Qualified Opportunity Zone Fund 3 Commercial Lots • Colorado Special Improvement District – up to $135,000,000 bond issue Available • Mass Transit - 61st and Peña Station and surrounding “ city” buildout • Parcel 1: 23.66 acres • Approximately 22 miles east of Downtown Denver, 12 miles southwest of DIA, 12 miles northeast from Buckley Air Force Base and the VA Hospital in Aurora • Parcel 2: 9.94 acres • Parcel 3: 20.15 acres • The two northern commercial parcels front E. 64th Avenue, the primary access road to the 1,501 room Gaylord Rockies Resort and Convention Center. The southern 1,030 Residential Lots parcel fronts E. 56th Avenue Available • Easy access at 56th and 64th Avenues, both of which have E-470 interchanges Partnership. Performance. For more information, please contact: Murray Hess, Senior Vice President Rick Egitto, CCIM, Principal 720.508.8106 303.390.0955 [email protected] [email protected] AVELON LAND | 22050 E. 64TH AVENUE AURORA,Avelon CO Land 22050 E. 64th Avenue, Aurora, CO Location Overview • Located in northeast Aurora, very near Denver International Airport Denver International Airport (DIA). Aurora City Hall, Buckley AFB, CU Anschutz Medical Campus and Fitzsimons VA Hospital are all located approximately 12 miles to the southwest and Downtown Denver is 22 miles west. Green Valley Ranch is a large master planned community one mile to the south. It includes shopping options, schools, open space and a golf course. • Land is less than 1 mile east from the E-470 interchange, providing direct access to Peña Boulevard to the north and the greater metro Denver Gaylord Rockies Resort area to the south. E-470 forms Denver’s outer beltway, intersecting and Convention Center with Interstate 25 on the north and south sides of the metro area. • Proximity to 61st and Peña Station - commuter rail just 2.6 miles west of the property. The A Line connects DIA to RiNo and Union Station in Downtown Denver. At the Peoria Station, riders can transfer between the A and R Line (Aurora to Lone Tree). • Just west of the subject, the $800 million Gaylord Rockies Resort and Convention Center - 1,501 guest rooms and over 485,000 square feet of convention space. On-site amenities include eight restaurants and bars, spa, salon and shopping options. Demographics 2019 Demographics 2024 (Projected) Within 3 Mile Within 5 Mile Within 10 Mile Within 3 Mile Within 5 Mile Within 10 Mile 27,885 50,867 373,933 9.29% 8.83% 7.73% 2019 2019 2019 2019-2024 2019-2024 2019-2024 POPULATION POPULATION POPULATION POPULATION POPULATION POPULATION GROWTH GROWTH GROWTH 7,607 16,147 110,568 8,687 18,346 123,721 2019 2019 2019 2024 2024 2024 HOUSEHOLDS HOUSEHOLDS HOUSEHOLDS HOUSEHOLDS HOUSEHOLDS HOUSEHOLDS $ $82,212 $85,629 $82,300 $ $107,868 $100,493 $98,951 2019 AVG. HOUSEHOLD 2019 AVG. HOUSEHOLD 2019 AVG. HOUSEHOLD 2024 AVG. HOUSEHOLD 2024 AVG. HOUSEHOLD 2024 AVG. HOUSEHOLD INCOME INCOME INCOME INCOME INCOME INCOME 5,897 20,777 144,690 2019 2019 2019 NO PROJECTED EMPLOYEE DATA FOR 2024 DAYTIME DAYTIME DAYTIME EMPLOYEES EMPLOYEES EMPLOYEES Partnership. Performance. Avelon Land 22050 E. 64th Avenue, Aurora, CO Development Site Plan for the Entire 287 Acre Site Avelon Highlights Investment Opportunities APARTMENTS ABOVE RETAIL E 64TH AVENUE • E. 64th Avenue is the primary Approximately 350 units COMMERCIAL access road (six lanes) to the - 2 Boutique PLATINUM Hotels Gaylord Rockies Resort and PEAK, COMMERCIAL LLC Convention Center from E-470. - Oce Buildings DIAMOND RIDGE, - Retail LLC - Hotel • E. 56th Avenue is the secondary - Entertainment & Ampitheater KEY access road to the Gaylord Rockies Resort and Convention Center COMMERCIAL from E-470. PHASE I RESIDENTIAL HILLTOP AT DIA, APARTMENTS • Traffic projection on E. 64th ABOVE RETAIL Avenue is upwards of 100,000 VPD LLC by 2035. RESIDENTIAL - 95 Acres Approximately Approximately • Piccadilly Road is the primary 225 Lots 225 Lots north/south feeder road (six lanes) (UNDER CONTRACT) from E. 56th Avenue and will extend south to an PICADILLY ROAD PICADILLY exit at I-70 in the future. TIBET (FUTURE) ROAD • The future Tibet Road is a second north/south arterial (four lanes) from E. 56th Avenue up to E. 64th PHASE II Avenue. AVELON MEADOWS, RESIDENTIAL LLC • The Gaylord Rockies Resort and - 120 Acres Convention Center and their restaurants are sold out for Approximately Approximately multiple years. 290 Lots 290 Lots • The Gaylord Rockies Resort and Convention Center and the City of Aurora would like Hotels, Restaurants, Retail and Entertainment to support the high GOLDEN COMMERCIAL HILLS, - Retail E 56TH AVENUE volume of visitors to this area. - Grocery LLC - Gas Station • UTILITIES: There are 2 - 24” water transmission lines along E. 64th Avenue and an existing 12” sanitary main located at the intersection of Picadilly Road and Capital Gains from any source E. 64th Avenue. Development invested receive a deferral of of the site would require utility AVELON LAND tax until 12/31/2026 due to the mains to extend from their Opportunity Zone Designation. current locations. Xcel will OPPORTUNITY ZONE provide electricity and a regional If an asset is held for 10 years, detention pond will be on-site. 2018 DESIGNATION the capital gain from the investment realizes no tax. Avelon Land 22050 E. 64th Avenue, Aurora, CO Development Aerial RTD Light Rail (A) RTD Light Rail Station Highway Featured Developments Sites DENVER INTERNATIONAL AIRPORT GAYLORD HOTEL 485,000 SF CONVENTION CTR 1,501 ROOMS LARGEST HOTEL IN COLORADO PENA BLVD 1,550 PERMANENT JOBS HIGHPOINT DEVELOPMENT 1,800 ACRES MIXED-USE MASTER ROCKIES VILLAGE PLANNED COMMUNITY PORTEOS HIGHPOINT 1,287 ACRE (DR. HORTON AND CENTURY SITES COMMERCIAL COMMUNITY HOMES) E 64TH AVE MIXED-USE PAINTED DEVELOPMENT 61st & Pena PANASONIC PRAIRIE LARGE E-COMMERCE (700 EXECUTIVE JOBS OPEN) 628 ACRES CENTER IN PROGRESS PROPOSED 3,076 HOUSING UNITS SINGLETREE MIXED-USE E 56TH AVE (DEVELOPMENT BY AREA BEING RE-ZONED SEBASTIAN PARTNERS 2005) WALMART DISTRIBUTION CENTER FOR DISTRIBUTION SPACE 1,000,000 SF PLANNED 169 ACRE SITE DENVER CONNECTION GREEN VALLEY RANCH RD HARVEST 400 ACRES MIXED-USE DEV. E 48TH AVE OFFICE, RETAIL, HOSPITALITY, 2,506 ACRES R&D, INDUSTRIAL AND RES. 10,735 HOUSING UNITS OVER 34,000 RESIDENTS AURORA TO DOWNTOWN RD TOWER HIGHLANDS 5,000 ACRE MIXED- 70 RD PICADILLY E 38TH AVE USE COMMUNITY 40th & Airport PROPOSED 23,000 HOUSING UNITS & MEDICAL CAMPUS MEDLINE 225 DISTRIBUTION E 26TH AVE FITZSIMONS VA. AMAZON SORTATION (SECOND LARGEST CENTER EMPLOYER IN THE STATE. 17,000 JOBS) MAJESTIC AMAZON INDUSTRIAL FULFILLMENT CENTER WATKINS UNIVERSITY OF COLORADO 70 ANSCHUTZ MEDICAL CAMPUS AURORA BEST BUY & INNOVATION CAMPUS WAREHOUSE BUCKLEY AIR FORCE BASE 44,000 JOBS EXPECTED APPROX. 8,000 PERM. EMPLOYEES Partnership. Performance. avisonyoung.com 1801 California Street | Suite 3750 | Denver, CO 80202 The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice. ©2019 Avison Young Northern California, LTD. - Denver Office. All rights reserved..
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