Real Estate

Projects


The Real Estate group continually looks for opportunities to acquire properties or to enhance the value of the Board's portfolio and the revenue stream to the various trust beneficiaries. Public/private partnerships are crucial to the success of these projects. As a result of recent legislation, the State Land Board can now reinvest its own equity into these projects. Click below to view examples.

The Overlook at Grandby, Grand County
The Overlook at Grandby, Grand County


 Current Projects
Acquisitions and Dispositions

Development Agreement:
The State Land Board can enter into development agreements with private sector partners. Examples include:
  • Roxborough/Sterling Ranch (Douglas county)
  • Arista (Broomfield county)
  • Forestview Estates (El Paso county)

Commercial Ground Lease: The State Land Board can initiate leases with entities that seek to do business while the state retains ownership of the land. Examples include:

  • Dowd Junction (Eagle county) 
  • 6th & Kipling (Jefferson county)
  • Erie (Weld county)
  • 13th & Sherman (Denver)
  • 48th & Tower Road (Denver)
  • Prospect Road Office Park (Fort Collins)  

Commercial Portfolio: The State Land Board owns over 500,000 square feet of commercial buildings that generate revenue for the trust. Examples include:

  • 600 Grant (Denver) 
  • Ken Caryl Office Complex (Denver)
  • 5085 Quebec (Denver)
  • Harmony Road (Fort Collins) 

Entitlement Projects: The State Land Board is also pursuing entitlement of trust lands on its own, with assistance from private sector planners, engineers, and real estate professionals. Examples include:

  • Dowd Junction (Eagle county) 
  • Erie (Weld county)
  • Grandby Overlook (Grand county)
  • 6th & Kipling (Denver)
  • 13th & Sherman (Denver)
  • 48th & Tower (Denver)
  • Arista (Broomfield county)
  • Grandview (Durango)

Disposals: The State Land Board may sell off its land/assets for benefit of the trust and re-investment.

  • Sterling Ranch Section 36 (Douglas county)
  • Southern Delivery System Reservoir (1127 acres to city of Colorado Springs)
  • Jefferson County Open Space (800 acres)
 Opportunities and Pending Projects
  • Arista (Broomfield county)
  • Forestview Estates (El Paso county)
  • Dowd Junction (Eagle county)
  • 6th & Kipling (Jefferson county)
  • Erie (Weld county)
  • 13th & Sherman (Denver)
  • 48th & Tower Road (Denver)
  • Grandby Overlook (Grand county)
  • Grandview (Durango)