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Property Details for Fitzsimons Promenade


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Profile Information

Private
105502
East Colfax Ave and Peoria Street Aurora, CO 80011
4.5
12100 to 12372 E. Colfax Ave
39.73999 / -104.84574
6
Shen, Stephanie
shen.stephanie@epa.gov
303-312-6184


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Property Location



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Property Progress


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CAs Associated with this Property

CA NameCA #StateTypeAnnouncement Year
Aurora, City ofBF97814701COBCRLF2006


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Assessment Activities at this Property

There are no current assessment activities.


Is Cleanup Necessary?
EPA Assessment Funding:
Leveraged Funding:
Total Funding:


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Climate Adaption and Mitigation - Planning or Assessment

There is no data for Climate Adaption and Mitigation - Planning or Assessment.


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Contaminants and Media


VOCs
NOT Cleaned up
Ground Water
Soil
Cleaned Up
Cleaned Up


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Cleanup Activities

Start DateEPA FundingCompletion DateCAAccomplishment Counted?Cleanup Documentation
04/01/200704/22/2008Aurora, City ofNo
04/01/2007$415,000.0004/22/2008Aurora, City ofNo


Cleanup/Treatment Implemented:
Cleanup/Treatement Categories:
Addl Cleanup/Treatment info:
Address of Data Source:
Total ACRES Cleaned Up: 4.5
Number of Cleanup Jobs Leveraged:
EPA Cleanup Funding: $415,000.00
Leveraged Funding: $385,000.00
Cost Share Funding:
Total Funding: $800,000.00


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Climate Adaption and Mitigation - Demolition or Cleanup

There is no data for Climate Adaption and Mitigation - Demolition or Cleanup.


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Institutional and Engineering Controls

Yes
Government Controls Enforcement/Permit Tools
Yes
01/01/2008


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Redevelopment and Other Leveraged Accomplishments

Start DateLeveraged FundingCACompletion Date
09/22/2009$6,450,000.00Aurora, City of


Number of Redevelopment Jobs Leveraged:
Actual Acreage of Greenspace Created:
Leveraged Funding:


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Climate Adaption and Mitigation - Redevelopment

There is no data for Climate Adaption and Mitigation – Redevelopment


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Additional Property Attributes

This key covering 4.5 acres at the southeast corner of E. Colfax Avenue and Peoria Street, is considered an entryway into the Fitzsimons Boundary Area. The site's environmental and economic complications have been lengthy. In June 2006 a Phase I ESA found that a dry cleaner operated at the site from at least 1967 through the late 1980s/early 1990s. A 2007 Phase II Subsurface Investigation studied potential subsurface impacts associated with the Double C Coin Cleaners. Due to dissolved phase PCE concentrations observed during the initial subsurface investigation, additional subsurface assessment activities were completed to define the extent of impacts beneath the site. Three permanent onsite and four permanent offsite monitoring wells were installed from January 2008 through August 2008. In addition, 29 passive soil gas samplers were installed onsite in January 2008.

In late 2008 the Aurora Urban Renewal Authority (AURA) borrowed $415,000 from the Brownfields RLF to support the groundwater remediation. Unfortunately, the one-story retail shopping center planned for the site never materialized. The long-vacant property, still physically occupied by a decaying former Safeway building, was purchased out of foreclosure in 2013 by COPE LLC, a partnership of the retail-savvy Kentro Group and BMC Investments, a cutting-edge hotel and multifamily developer.

In 2015, the site was declared blighted and the Fitzsimons Gateway A and B urban renewal areas were created (carved out from the Fitzsimons Boundary Area II Urban Renewal Area). In 2018, BMC Investments proposed a Hyatt House Hotel on the Fitzsimons Gateway B parcel and entered into a $6.45 million, non-TIF Reimbursement Agreement for financial assistance from AURA.

The Hyatt House hotel opened in 2021 and is a six-story, 140-room, extended stay hotel located on 2.56 acres. The project includes 8,000 square feet of retail and restaurant space to serve guests and the community. Aurora's first Modern Market Eatery opened in 2023 and occupies a portion of the ground-level space. City staff estimate that the hotel and retail spaces have are supported by 84 new permanent jobs.

The Fitzsimons Gateway B Urban Renewal Area shares infrastructure and site access with Fitzsimons Gateway A, with the ownership between the two URAs being related. In November 2022, the Fitzsimons Gateway A owners received site plan approval for a dense, 221-unit affordable multi-family housing project with structured parking. The project was approved through the city's Community Investment Financing Program for $1 million in HOME funds and $11 million in Private Activity Bonds. The project will bring much-needed, quality affordable housing units to the growing area, offering one and two-bedroom units targeted to future residents with incomes ranging from 30% to 70% of the Area Median Income.
Commercial (4.5)
Hazardous


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Release 3.0.2