Common Contracts

1 similar Project Narrative contracts

PROJECT NARRATIVE Columbine Square – Littleton, CO
Project Narrative • September 30th, 2022

Quarterra (formerly LMC) is currently under contract to purchase two properties, a 14.8-acre site located at the southwest corner of Belleview Avenue and Federal Boulevard and the 5.1-acre property directly to the south, formally the O’Toole’s Garden Center. The 14.8-acre property, formerly known as Columbine Square, has been in a blighted condition since the pre-existing shopping center fell into obsolescence in 2014. Evolving shopping preferences of America’s consumer have caused many traditional retail centers to downsize or completely close, including Columbine Square. Quarterra plans to reinvigorate the property with more sustainable uses, with an emphasis on residential and integrated commercial space. This will enable the property to help meet the City’s tremendous housing demand while creating a centralized commercial/retail plaza for residents and surrounding neighborhoods to gather.

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