2075 Potomac Street, Aurora, CO, 80011, US

Denver Meadows

Description

JLL Capital Markets presents this generational 20+ acre development opportunity, located in Aurora, Colorado, positioned adjacent to the CU Anschutz Medical Campus and the Fitzsimons Innovation Community. As Colorado’s second-largest economic generator, this area contributes $12 billion annually and hosts a daytime population of over 35,000. The land is zoned for Core Mixed-Use Transit-Oriented Development (TOD), offering no height restrictions and the maximum density allowed for high-density multifamily, hospital, office, hotel, civic, and commercial uses.

The property is located within a Qualified Opportunity Zone, an Enterprise Zone, and has support for a Urban Renewal Authority providing significant tax incentives and access to public financing. The Urban Renewal Authority opportunity creates a clear path to TIF and Metro District financing for public infrastructure, and highlights Aurora's desire to see this project come to fruition.

Extensive pre-development groundwork has already been completed, including a blight study, master plan submission, and the initiation of district formation and infrastructure planning. Strong relationships with local stakeholders further support the project’s potential for success, making this property a prime candidate for future development in this high-potential, high-growth region.

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Investment highlights

PRIME LOCATION

This 20+ acre site in Aurora, Colorado, lies beside major medical and innovation centers in a $12B economic hub with a 35,000+ daytime population. Close to key highways and Denver International Airport, it offers strong development potential.

TAX INCENTIVES

Located in an Opportunity Zone, Enterprise Zone, and has support for the creation of a Urban Renewal Authority, this property offers major tax benefits and public financing. Developers can access TIF and Metro District support, making it a strong, financially feasible investment.

PRE-DEVELOPMENT SUPPORT

With a completed blight study, submitted master plan, and infrastructure planning underway, this property is ready for development. Local stakeholder support streamlines the process, reduces risks, and accelerates the project timeline.

ZONING FLEXIBILITY

MU-TOD zoning allows maximum density and mixed uses—high-density multifamily, hospital, office, hotel, and commercial—with no height restrictions. This flexibility supports mid to high-rise and diverse development options.

POLITICAL BACKING

Strong support from local and regional leaders, including the mayor and Anschutz/Fitzsimons leadership reduces political risk associated with development. The city and campus are providing financial guarantees and infrastructure funding, while growing healthcare momentum adds to its appeal.

NO 'NOTICE TO TENANTS OF INTENT TO SELL' REQUIRED

The mobile home park tenants previously waived their right of first refusal in 2017, eliminating the typical 90–120 day notice requirement and allowing the property to be sold immediately to third parties.