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.