Castle Rock city council approves city's largest commercial project, includes residential units

CASTLE ROCK, Colo. - Castle Rock's City Council approved a conceptual public-private financial deal this week for the largest single master-planned project ever constructed in the city, which includes 900,000 square feet of commercial space and 350 multifamily residential units.

Greenwood Village-based Alberta Development Partners' proposal, called Promenade at Castle Rock, would involve the acquisition of 200 acres of land between I-25 and Highway 85, adjacent to the existing Outlets at Castle Rock.

The retail concepts are expected to include a natural grocer; service, entertainment, specialty and boutique shops; and rental units.

"The architecture (will) evoke local heritage but is also very progressive," said Don Provost, a founding principal at Alberta, at Tuesday night's City Council meeting.

Provost described the development vision as "rustic, intimate, casual and sophisticated" at the council meeting.

Read more about the project in The Denver Post: http://www.denverpost.com/business/ci_23601516/castle-rock-council-approves-citys-largest-commercial-project