Downtown Westminster Land Portfolio

Join the City of Westminster as the master developer in its ambitious initiative to transform its downtown into a preeminent destination for the town’s residents and the Denver metro as a whole.

The Downtown Westminster project is in full swing, with several new developments like Westminster Row, Townhomes on Harlan, Origin Hotel, Alamo Drafthouse, and others already thriving here. These brought the district over 1,000 apartment units, 34 townhomes, 125 hotel rooms, and more than 120,000 square feet of fresh retail space. Another set of townhomes is also underway, and a 220-unit active adult community is coming in 2025.

This project was designed with a bustling pedestrian atmosphere in mind. Manicured green space will envelope most sides of the district, bike lanes and paths sprawl throughout, and the development is planned around Center Park, which the city is starting in October 2023. Access to Downtown Westminster is a breeze via an underpass connecting to the US 36/Sheridan bus station, a newly built 885-car public parking garage, and an incoming FasTracks commuter rail station, inviting visitors to shop, play, and stay awhile.

Given the planned and existing developments, the city aims to sell these tracts for office, condo, and active senior living developments with some consideration for multifamily communities. The buildings must be at least eight stories tall to achieve Downtown Westminster's desired density and coactively support the other developments.

Situated directly off Highway 36, builders would be hard-pressed to find a better-connected location with supporting infrastructure in the Denver region. Boulder and Downtown Denver are virtually the same distance away in terms of drive time, and this opportunity fills a long overdue development that will cater to the modern consumer between the two hubs. Throughout the Denver metro and the broader United States, demand for trendy, mixed-use districts that allow residents and professionals to build quick connections with each other where they live and do business has rapidly risen. There are countless examples where this model has proved successful, with vacancy rates lower than most market peers due to abundant amenities and streamlined transportation conduits supporting offices and living communities. Downtown Westminster has an advantage as it is closer to significant hubs, and demographic trends show a younger and faster-growing pool of residents in the area. The number of households within a 1-mile radius grew by 44.2% from 2010 to 2023 and the median age of that cohort is 37.4. Building upon the success of its predecessors, Downtown Westminster intends to do it again - and do it better.

Westminster has three opportunity zones: Downtown Westminster, Historic Westminster, and Westminster Station TOD. Enacted as part of the 2017 tax reform package (Tax Cuts and Jobs Act), Opportunity Zones address uneven economic recovery and persistent lack of growth that have left many communities behind. The purpose of the Opportunity Zone program is to encourage private capital investment in low-income communities.