Economic Development

We love and are extremely proud of our community – but we also have to understand that there is a cost to providing services and amenities.

City Council is maintaining this perspective as we take a deep dive into understanding our fiscal resilience when considering the best development within our community – whether it be residential, commercial or mixed-use.

Examples of this focus include these three key catalytic projects and represent great examples of new development, infill and reinvestment. 

As a part of our focus on the revitalization of the 120th Avenue corridor and the core of our community, council recently approved the Planned Unit Development for the Broomfield Town Square, and our staff is working with the developer on next steps. 

The Flatirons area includes several reinvestment projects, including:

The three-phased residential development which is replacing the former Flatiron Marketplace. The first building is now open with new families and residents living there, and the second is moving quickly through the planning process with construction starting later this year.

The Flatiron Crossings reinvestment project is also underway, with the demolition completed on the southwest side of the mall and the former Nordstrom retail space being offered as a new office and flex space for companies to locate and grow.

The work is set to begin in the spring or summer for the Yard and other active spaces, as well as the construction for residential, retail and office space on the southwest side of the mall. We are anticipating the first residential building and additional retail space to be completed by early 2025.

On the northside of CO-7 in Palisades and Highland, you can see additional retail, office and flex space between Sheridan and I-25. These projects continue to bring new services to residents, new customers to businesses, and increased density to move toward our vision of a multi-modal corridor in northern Broomfield.

Finally in Baseline, which is south of CO-7, the developer continues to bring new housing choices for future residents, many new amenities and new flex and tech spaces along 160th.

The Broomfield team is also meeting and working closely with McWhinney, the Butterfly Pavilion, and Adams 12 – toward the fuller strategy and vision of the Center Street and Baseline area, making it a development that is coming together to be the shared vision of residents, students, businesses, researchers and visitors.

It combines environmental sustainability, great living, a good place to work and a fun place to visit and gather with friends and family, making Baseline a true future community.