Douglas County residents, especially those living in Parker and Castle Pines, are eagerly awaiting the completion of the Hess Road Extension, which will connect State Highway 83 Corridor with I-25. This will greatly ease commuting times for Parker residents driving to I-25 and Castle Rock, along with Castle Rock residents traveling to the Parker area. The road is slated to open in December.

Here is a recent update from Douglas County on the project:

Update: By the end of August 2011, R.E. Monks, together with their concrete paving subcontractor (IHC), completed about 95% of the concrete paving. The construction of this phase of the project is nearing completion, with approximately 92% of the $11 Million contract amount expended. The project was divided into two major construction phases. Currently, we are on-target for opening Hess Road to traffic in early December, 2011.

We will continue to keep you updated on major infrastructure projects in Douglas and Arapahoe counties. For more information on Parker real estate, please contact TeamCox Realtors at 303-400-6060.

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Denver is going to have the largest IKEA store in the world! As I drove north on 1-25 yesteday, I noticed how far construction on the new Centennial store has come in the past few months. The international furniture dealer is opening its 415,000-square-foot store months earlier than expected. The Grand Opening event is set for July 27th. Ready, set, shop!

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TeamCox Realtors reported in September 2008 that IKEA will build its first Colorado store in Centennial.  Like everyone else, we were starting to wonder about its fate over the past year and a half, but there is good news! It was announced today that the store is slated to open in fall 2011. It will be located just west of I-25 between County Line and Dry Creek.

For those of you who don’t know of IKEA, it is not your everyday furniture store, but an international phenomenon. The successful Swedish company sells sleek and stylish home furnishings at very competitive prices. One common complaint about IKEA is that many of its products need to be assembled, but you’ll likely let that one slide once you see all of IKEA’s unique offerings!

Now, you just need a new house to for all of your new furniture! Please let us know if we can help you find a new Denver home!

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Admist a dispute lasting until nearly 1:00am this morning, the Denver City Council has approved the redevelopment of an old Lowry air base today.  According to The Denver Post, the development, which is located north of Alameda Avenue near South Clinton Street, will consist of nearly 1,000 housing units, 400,000 sq. ft. of retail space, and 120,000 sqare feet of office space.

We will keep you updated on the latest news on this upcoming Lowry development. For information on upcoming Denver real estate projects, please contact TeamCox Realtors at 303-400-6060.

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Many shoppers in the South Metro Denver area are wondering what is going on with the Streets at SouthGlenn in Centennial, which sits on the site of the old Southglenn Mall. The 77-acre development will eventually boast million square feet of retail space, 140,000 square feet of office space and 202 apartments. The anchors are Whole Foods Market (opening on June 15th), Barnes & Noble, Macy’s and Sears.

The project’s grand opening, which has been delayed, is scheduled for August 27-30, 2009.  The weekend will include entertainment, giveaways, sales and much more.

For more information on the Streets of SouthGlenn, or regarding Centennial real estate, please contact TeamCox Realtors at 303-400-6060.

TeamCox Realtors – Treating our clients’ real estate transactions as if they were our own.

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Good news! IKEA announced today that it plans to build its first Colorado store in Centennial! The new store will be located between County Line Road and Dry Creek Road. The Denver Post reports that the new IKEA, which is slated to be more than 400,000 sq. ft. spread out on two different levels, will bring approximately 400 jobs to the South Denver area.

For those of you who don’t know of IKEA, it is not your everyday furniture store, but an international phenomenon. The successful Swedish company sells sleek and stylish home furnishings at very competitive prices. One common complaint about IKEA is that many of its products need to be assembled, but you’ll likely let that one slide once you see all of IKEA’s unique offerings!

TeamCox Realtors will let you know when IKEA announces the opening date for the new Centennial store.

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The Streets at SouthGlenn will be a major asset to the City of Centennial

The Streets at SouthGlenn is an upscale redevelopment project currently under construction on the site of the former Southglenn Mall, which opened in 1974. Three decades later, this exciting new development will completely revitalize its surrounding Centennial neighborhoods. The mixed-use project, slated for a Spring 2009 opening, is located in the heart of Arapahoe County near the intersection of Arapahoe Road and University Blvd.

Best Buy, Dick’s Sporting Goods, Staples and a Macy’s Home Store, will be among the first stores to open at the Streets at SouthGlenn next year. A highly anticipated new Whole Foods store is also under construction. Plans for the project don’t end with shopping, though. According to the City of Centennial’s website, the project will ultimately feature a park, fountains, festivals, community events, and concerts.

The Centennial real estate market will be invigorated by this exciting new development. The neighborhoods surrounding The Streets at SouthGlenn will greatly benefit from the added tax revenue and heightened profile. You should also be on the lookout for new residential projects, including Alberta Development Partners’ (the developer of The Streets at SouthGlenn) 200 for-rent luxurious apartment homes, and The Portola, which will consist of both retail space and residential space.

As longtime residents of Centennial, we couldn’t be more excited about The Streets of SouthGlenn. For more information on Centennial real estate, please contact TeamCox Realtors at 303-400-6060. Happy Shopping!

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New Costcos Opening in Parker and Sheridan Next Month!

TeamCox Realtors is always on the lookout for new conveniences that are coming to a neighborhood near you! Today, we are happy to report that two new Costco Wholesales are opening up next month in Parker and Sheridan!

Parker Costco:

Opens Friday, August 22, 2008

18414 Cottonwood Dr.

(Next to Parker Adventist Hospital)

Sheridan Costco:

Opens Thursday, August 21, 2008

4000 River Point Parkway

For more information on what’s new in Denver metro area neighborhoods, please contact TeamCox Realtors at 303-400-6060. As always, if you have information on what is coming soon to a neighborhood near you, please e-mail us.

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Coming Soon to a Neighborhood Near You…Parker

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Welcome to TeamCox’s new blog series, “Coming Soon to a Neighborhood Near You.” Since the number of conveniences, including stores, recreational facilities, roads, etc., is a huge factor when choosing a new neighborhood, TeamCox keeps abreast of all of the happenings in the Denver area’s most popular communities. This week, we are going to cover what is coming soon to Parker.

Costco - After a long negotiation process, Costco Wholesale is coming to Parker’s Crown Point Development! Ground has already been broken on the 152,000 sq. foot facility, to be located near Parker Adventist Hospital at E-470 and Parker Road. The warehouse is anticipated to open in August 2008. For those of who regularly shop at Costco’s ultra-crowded Park Meadows location, this is truly exciting news!

Circuit City -  A new Circuit City is opening at the old Target location (Parker Rd. & Lincoln Ave.)

Sprout’s Farmer Market – One of Colorado’s three new Sprout’s Farmer Markets, a national grocery chain, will be opening at the old Albertson’s location at Parker Rd. & Lincoln Ave. We could all use some more fresh veggies!

The Egg & I – The popular breakfast spot will be opening soon at 18901 E. Main St., at the site of the former Parker LePeep. Yum!

Kinko’s – Parker businesses can breathe a sigh of relief – the new Parker Kinko’s is now open near Parker Rd. & Lincoln Ave.

Do you know of any other new businesses coming to Parker (or to other south Denver communities)? Please contact us, and we will post the information in our blog. For more information on Parker real estate, please contact TeamCox Realtors at 303-400-6060.

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TeamCox Realtors often recommends Parker, Colorado, to our homebuyers since the southern Denver suburb appeals to almost everyone – first time buyers to young families to empty nesters. The charming town and its surrounding neighborhoods offer a unique blend of small-town charm blended with the conveniences of being near a large city.

Yesterday’s Denver Post featured an article about the future Rueter-Hess Reservoir, slated to be 50 percent larger than the Cherry Creek Reservoir, which is under construction near Parker. This reservoir brightens Parker’s already vivid future, since it will add to the area’s existing charm and recreational opportunities, while boasting its water supply. Planning for the reservoir began in 1985, as the Parker Water and Sanitation District sought to improve its long-term water supply.

Projected to be completed in 2011, the  Rueter-Hess Reservoir will provide water to the Town of Parker, in addition to surrounding Douglas County areas, including Stonegate, Castle Pines North and Castle Rock. While the recreation plans for the reservoir haven’t been finalized, there are plans to include fishing and non-motorized boating, including canoes and rowboats. In addition, approximately 2,000 acres of land will be set aside for wildlife, hiking, and biking trails.

Are you thinking about moving to the Parker area? TeamCox Realtors has extensive knowledge of the Parker real estate market, so please free to contact us at 303-400-6060.

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