Government » Urban Renewal

Mile High Greyhound Park

MHGP MHGP concept birds eye view
Conceptual site plan rendering - September 2016
The redevelopment project for the former Mile High Greyhound Park site is currently in the zoning and entitlements process, which will determine land use across the 65-acre site. A master development agreement (MDA) with Real Estate Generation, LLC (REGen) was approved by Commerce City’s Urban Renewal Authority (URA) and City Council on April 18, 2016, allowing for the development process to move forward.

The site is envisioned to become a vibrant, mixed-use area in the coming years, combining residential, retail, office, civic and educational spaces to help revitalize this historic part of Commerce City.

Neighborhood Meeting/Zoning Update

The City of Commerce City and REGen, LLC hosted a neighborhood meeting on Thursday, September 1 at Central Elementary School to share updates and ask for public comment on the zoning process. The meeting featured a presentation followed by opportunities to learn more and discuss specific topics at individual breakout stations.

Click here to view the presentation from the Sep. 1, 2016 neighborhood meeting. Public Meeting September 2016

Background

MHGP historical photo_thumb
For more than 60 years, the former Mile High Greyhound Park was a vibrant entertainment destination, drawing thousands of people from across Colorado. An economic engine for the city, the park employed hundreds of residents and sales tax revenues were reinvested in community projects. When greyhound racing ended in 2008, visitors and activity in the historic heart of Commerce City slowed.

The Commerce City Urban Renewal Authority purchased the property in August 2011, intent on redeveloping the site as an economic engine for a new generation. Demolition of existing structures was completed in 2013 to prepare the property for development.  The Suncor Boys & Girls Club opened in 2015 on 2.5 acres of land donated by the CCURA to anchor the southeast corner of the redevelopment.

Project Vision

The community-supported vision for the site is a diverse mixed-use development that at full build out could create 1,454 permanent employees, generating $65.4 million in income on an annual basis.

Development Goals

  1. Create a flexible, master framework plan
  2. Create a mixed-use and multi-use neighborhood
  3. Provide a variety of retail and commercial development options
  4. Create a community destination and sense of place
  5. Provide space for the Boys & Girls Club and other service organizations
  6. Hold a portion of the property for an institutional anchor while pursing development on the remainder of the property.
The CCURA has invested more than $6 million in the property to date, including the abatement and demolition of 157,947 square feet of structures. Located in a Colorado Enterprise Zone and Urban Renewal Area, with access to several interstates and highways, the 65-acre site is a blank canvas to turn the vision into a reality that benefits the city and region for years to come.

Master Developer

After entering into exclusive negotiations with REGen, LLC in March 2014 following a six-month competitive procurement process, the URA and City Council approved a master development agreement (MDA) in April 2016. The MDA was negotiated after thoughtful consideration of resident feedback, a theme which will continue to shape the Urban Renewal Plan that guides development for the site.

Interested in Development Opportunities?

Potential development partners can contact:
Rick Wells
Principal, REGen, LLC
720-331-2071
rwells@regenllc.com

Questions for the city can be directed to:
Chris Cramer
Community Development Director
303-289-3678
CCramer@c3gov.com

Next Steps

  • Zoning and Entitlements (Q3 2016)
  • Approve Urban Renewal Plan, consistent with House Bill 15-1348 (Q1 2017)
  • Begin site infrastructure construction (2017)

Additional Resources