GOLDEN, Colo. — A significant overhaul is about to deliver new retail, eating places and reasonably priced housing to the center of Golden.
This summer time, preliminary processes started for redevelopment of a 12-acre web site positioned on Washington Avenue and ninth Road in downtown Golden.
Because the early 1900s, the location has been the house of ceramics producer, CoorsTek — one of many many enterprise ventures of the Coors household, mostly related to Molson Coors Brewing Co. In 2021, CoorsTek opened a brand new manufacturing facility in a special a part of Golden and determined to halt its operations on the historic ninth Road property.
A 12 months prior, the Coors household launched its personal actual property firm, AC Improvement, with plans to redevelop the 12-acre web site by means of a mission titled CoorsTek Ninth Road Redevelopment
“Slightly than promote the 12-plus acre web site or lease it to a different industrial consumer, the Coors household decided, as an alternative, to remodel the centrally positioned property right into a vibrant, extremely sustainable, mixed-use district with a brand new CoorsTek international headquarters located at its core,” the corporate mentioned in an announcement on its web site.
The mission is anticipated to take at the least a decade and value between $600 million and $900 million. Golden Metropolis Council accredited the mission’s rezoning in June after at the least of a 12 months public hearings and collaboration with firm.
Along with new retail, workplace and enterprise areas, the location may also characteristic the brand new CoorsTek international headquarters. AC Improvement has additionally dedicated to together with reasonably priced housing models.
10-year redevelopment mission set to deliver retail, eating places and reasonably priced housing to coronary heart of Golden
“Once we first heard about improvement, we had been nervous that we might see them promoting to some large developer who has no connection to the city,” mentioned Thad Briggs, co-founder of Mountain Toad Brewing. “It was actually constructive to know that the Coors household is gonna be concerned.”
Briggs’ brewery is positioned throughout the road from the redevelopment.
“It is gonna deliver loads of financial improvement to Golden, and it is going to be a long-term mission. My greatest concern is simply going to be visitors and, you already know, development mess,” he mentioned.
These worries are overshadowed, as Briggs described it, by his hope for elevated foot visitors within the northern portion of Golden’s downtown.
“We see individuals come down the road from downtown, and the vacationers will go searching, and if they are not within the temper for a brewery, they’re going to simply stroll again down,” Briggs mentioned. “It may deliver us kind of gravity.”
Bart Pinkham, proprietor of Golden River Sports activities, shared comparable sentiments.
“Earlier than the bike store was right here and the brewery, it was actually onerous to get individuals to go any additional than the bridge down there [and travel] as much as this a part of city, until they had been particularly in search of our enterprise,” he mentioned. “Basic foot visitors was very sparse.”
You may learn extra in regards to the redevelopment course of on this complete report by Judith Kohler of our companion, The Denver Put up.