Olde Town TOD

Overview

The City of Arvada, the Arvada Urban Renewal Authority (AURA), and the Regional Transit District (RTD) have formed the Executive Oversight Committee (EOC), a collaborative working group established to oversee development of an exceptional transit oriented development (TOD) project in Arvada, Colorado. In early 2013, the EOC initiated a process to identify a Master Developer to work in partnership with the EOC to redevelop an 8.79-acre site that is directly across the tracks from the future Olde Town Arvada communter rail station.The station, scheduled to open in 2016, is on the Gold Line, the under-construction commuter corridor component of RTD’s FasTracks rail system.

The first step of the Master Developer selection process was a Request for Qualifications (RFQ), which was issued March 1, 2013. The second stage of the selection process was the issuance on April 19, 2013, of a Request for Proposals (RFP) to a short list of teams that responded to the RFQ. Interviews of the five teams submitting responses to the RFP were completed June 10, 2013, and an announcment of Trammell Crow Company as the Master Developer was made June 17, 2013. See the Information and Updates section below for additional information.

Dan Cohen of Urban Investment Group is serving as the EOC’s Owner’s Representative. You may contact him with questions regarding the project at the contact information listed below.

 

Solicitation Process Timeline

Date Event

April 19, 2013

 

 

Development Team Short List Announced: Five development teams were invited to continue on to the RFP stage of the selection process. Those teams were (in alphabetical order):

  • Access Alliance (Pedersen Development Company and Urban Neighborhoods, Inc.)
  • Buckingham Companies
  • MHK (Mile High Development and Koelbel and Company)
  • Perry Rose and Zocalo Community Development
  • Trammell Crow Company
April 19, 2013 Request for Proposals Issued to Short List
May 24, 2013 Proposals Submittal Deadline: Five proposals were received
June 10, 2013 Development Team Interviews
July 31, 2013 Exclusive Negotiating Agreement Executed with Master Developer - Trammell Crow Company
March 31, 2014 Target Date for Disposition and Development Agreement and Related Agreements Executed with Master Developer

 

Information and Updates

Master Developer Team Selected

Trammel Crow Company (TCC) was selected by the EOC as its choice to be the Master Developer for the project. On July 31, 2013, the EOC partner agencies and TCC mutually executed an Exclusive Negotiating Agreement, formally establishing TCC's role as the project's Master Developer.

Olde Town Arvada TOD Announces Preferred Devolopment Team

 

Questions/Contact

To communicate with Dan Cohen, the EOC's Owner's Representative, please contact him directly at 303-807-3308 or dan@urbaninvestmentgroup.com.