1245 Elati Street - Rare Denver Development Opportunity
1245 Elati Street, Denver, CO, 80204, US
0.17 ha
JLL has been retained as the exclusive investment advisor in the sale of 1901 Peoria. 1901 Peoria is a 0.38-acre development site located in Aurora, Colorado. The site is currently vacant with Mixed Use - Fitzsimons Boundary District (“MU-FB”) zoning. The MU-FB district aims to revitalize and enhance the area surrounding the former Fitzsimons Medical Center, now the Anschutz Medical Campus, by providing services and amenities that support both the campus and the surrounding neighborhoods. The district also seeks to eliminate blighted conditions and establish a distinct identity through special design approaches. The zoning allows for multifamily, retail, and office uses. The site is located within a TOD area, as well as a Qualified Census Tract (“QCT”), making it a fantastic opportunity for both market-rate and affordable developers.
The development site is situated in Aurora City and Adams County. It is positioned to the west of the Fitzsimons campus, which is home to the Anschutz Medical Campus. The campus employs around 45,000 individuals and serves as a significant economic center in the state. Additionally, the site is conveniently located within a 20-minute drive from Denver International Airport, a 15-minute drive from the Denver Tech Center, and less than 30 minutes away from Downtown Denver. This strategic location ensures excellent connectivity to Denver’s major economic hubs.