5317 FEDERAL BLVD DENVER, CO 80221
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1 FOR SALE DEVELOPMENT OPPORTUNITY 5317 FEDERAL BLVD DENVER, CO Regis University FEDERAL BLVD W 54ND AVE
2 LAND FOR SALE DEVELOPMENT OPPORTUNITY 5317 Federal Blvd, Denver, CO LISTING DATA LOCATION: LOT SIZE: 5317 Federal Blvd Denver, CO Acres (41,208 SF) PARCEL NUMBER: LOT CONDITION: UTILITIES: SF, Single Family Residence Currently on Site, Needs Demolition On-site; Gas, Water, Electric and Sewer ECONOMIC DATA SALE PRICE: $875,000 W 54th Ave Aria Denver Development Federal Blvd W 52nd Ave Regis University
3 SURROUNDING AREA HIGHLIGHTS Regis University is a private, co-educational Roman Catholic, Jesuit University in Denver, Colorado. Founded in 1877, it is one of 28 member institutions of the Association of Jesuit Colleges and University. Regis University is divided into five colleges: Regis College, The Rueckert-Hartman College for Health Professions, the College for Professional Studies, the College of Computer and Information Sciences, and the College of Business and Economics. The estimated academic staff is 2,000 and the 2016 estimated student body is near 10,000. Rooted in more than 130 years of tradition, the Regis University s Northwest Denver Campus is the flagship location for the University. Regis University is a storied institution situated on over 90 acres in Northwest Denver. This campus recently expanded to Federal Boulevard adding varsity athletic fields on the east side of the campus. FasTracks is a multi-billion dollar voter-approved transit expansion program (the largest in the nation) to build 122 miles of new commuter tail and light rail, 18 miles of bus rapid transit, 21,000 new parking spaces at light rail and bus stations, and enhanced bus service for easy, convenient bus/rail connections across the eight-county district. The G Line (referred to as the Gold Line) will open soon. The G Line service will travel 11 miles between Union Station and Wheat Ridge, passing through northwest Denver, Adams County and Arvada. It will take 25 minutes to travel from Wheat Ridge to Union Station and trains will service the area every 15 minutes during peak hours and every 30 minutes during non-peak hours. When the G Line begins service in 2017, it will connect Northwest Denver with the entire metro area. The Clear Creek Federal Station is located immediately north of the property and will offer 280 parking spaces. Federal Corridor is involved in the Urban Land Institutes (ULI) Healthy Corridors project. This corridor has formed a local leadership group, which includes experts in land use, real estate development, design, health, and community engagement. ULI Colorado and partners are working on a 2.5 mile segment of Federal Blvd near the Chaffee Park neighborhood. The eight lane corridor is dominated by strip land uses and the group is focused on community engagement and improving infrastructure.
4 LAND FOR SALE DEVELOPMENT OPPORTUNITY 5317 Federal Blvd, Denver, CO Arvada G Line Light Rail Regis Neighborhood Chaffee Park Neighborhood Berkeley Neighborhood Sunnyside Neighborhood Wheat Ridge Downtown Denver Edgewater
5 NEIGHBORHOOD & DEMOGRAPHICS The Regis Neighborhood, bounded by 52nd, I-70, Federal and Tennyson, is anchored by Regis University on one end and Willis Case golf course on the other. Convenient access to I-70 is perfect for quick access to downtown or the mountains, and the popular Highlands and Berkeley neighborhoods, with great restaurants and shopping, are close by. Resurgent Chaffee Park Neighborhood attracts many who want a home convenient to downtown and popular Highlands. Bounded by 38th and 50th Avenues, Inca and Tejon Streets, this area offers close proximity to I-25 and I-70. A mix of historic Latino and Italian influences give this neighborhood its distinctive character. Chaffee Park hosts the popular Sunnyside Music Festival featuring cutting-edge local talent. Sunnyside Neighborhood is enjoying a recent revival as civic-minded citizens have moved to this close-todowntown neighborhood. Bounded by 38th, I-70, Tejon and Federal Boulevard. Sunnyside offers some great local restaurants and a unique mix of affordable homes on larger-than-usual lots. The Berkeley Neighborhood, bounded by 38th Ave, I-70, Federal and Sheridan, is anchored by Tennyson Street, lined with some of Denver s most popular restaurants and galleries. Two dramatic parks with lakes provide lots of open space and greenery. Convenient access to I-70 makes for easy access to downtown or the mountains. DEMOGRAPHICS: 1 Mile 3 Mile 5 Mile 2016 Estimated Population 14, , , Projected Population 15, , ,431 Population Growth 9.66% 14.53% 11.67% Average Age Average Household Income $72,593 $78,185 $68,399 Daytime Employment 2,751 66, ,240
6 Downtown Denver Aria Denver Development
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