Williams Village II | Phase II & III - Development Site

JLL Capital Markets, as the exclusive advisor, is pleased to present Phases II and III of the Williams Village II Redevelopment opportunity, located at 2952 Baseline Rd in Boulder, Colorado. Phase II is 5.49 Acres, while the opportunity for Phase III is 2.12 Acres. The seller is willing to sell these in bulk to one purchaser, or split them up in two separate transactions.

Williams Village II offers a rare opportunity to acquire Phase II and Phase III in Boulder's highly restricted market. Stringent zoning and limited land have created extreme supply constraints. This opportunity bypasses years of regulatory hurdles in one of the country's most desirable locations. Phase II has a signed Development Agreement with the City of Boulder. This agreement is for the development of 306 market-rate residential units and 58,365 SF of retail. The sellers are currently working on technical documents and the plat. These approvals are expected shortly. Following the approval of these items, the purchaser shall be required to submit for full building permit plans, which is expected to take 12 - 18 months. Phase III does not currently have any entitlements, outside of zoning. The purchaser shall be required to undergo a site plan amendment, as well as all other entitlements for this site prior to being able to break ground.