Colorado Real Estate Journal - May 20, 2015
NewMark Merrill Mountain States named a number of construction partners for its $90 million Village at the Peaks project in Longmont, where next month Sam’s Club will break ground – a year earlier than expected – on its new store. The firm awarded contracts worth more than $4.3 million to eight different local companies for construction of the open-air retail destination being built on the grounds of the former Twin Peaks Mall. The local companies working to build the Village at the Peaks include SJ Ward Landscapes, Lamas Plumbing, Heating and Cooling, Delmc Builders, Specialties Contracting and Hillcrest Glass, all from Longmont, and Slade Glass Co., Equity Painting and Design and Flatirons Inc., all of which are from Boulder. The local companies join recently announced architect The Mulhern Group Ltd., site work and infrastructure general contractor McCarty Excavation and Construction and general contractor Colorado Structures Inc. in development of the project. “It’s long been part of our plans for NewMark Merrill Mountain States to be an integral community partner for Longmont – from before we purchased the property in 2012, all the way through construction, grand opening and for many years to come,” said Allen Ginsborg, managing director and principal of NewMark Merrill Mountain States. “We are fortunate to have exceptional local talent and expertise right here in Longmont and Boulder County to help us build this new retail, entertainment and dining destination.” “We are thrilled to be part of this exciting project,” added Steve Ward, owner and founder of SJ Ward Landscapes. “Like NewMark Merrill, we are committed to providing a high-quality experience to the people of Longmont, and we are looking forward to developing landscaping that will play a key role in this lush and refreshing concept.” Work started on the project, a public-private partnership between the city of Longmont and NewMark Merrill Cos., in August with the first retailers expected to open this fall. Currently nearly 80 percent of the planned square footage is preleased. The Village at the Peaks will be anchored by Whole Foods, Regal Cinemas and Sam’s Club. Additional tenants include The Sports Authority, Wyatt’s Wine & Spirits, Gold’s Gym, Chuck & Don’s Pet Food and Supplies, Party City, Parry’s Pizza, Bad Daddy’s Burger Bar, The Melt, Fuzzy’s Taco Shop, Visionworks, Supercuts, T-Mobile, Verizon Wireless, Luxury Nails and Spa and Pacific Dental. In March, the construction team laid the foundation for the beginning of the “Village” portion of the project, the future location for The Melt and other much-anticipated restaurants and retailers. Earlier in the year, the construction team raised the steel framework for the new Whole Foods and Wyatt’s Wine & Spirits, building on work in December to create similar framework for the walls of the state-of-the-art Regal Cinemas. The former Dillard’s building has been gutted to its bare bones to be rebuilt for The Sports Authority, Gold’s Gym and Party City with work starting in June on Sam’s Club. “We are very pleased that Sam’s Club is ready to break ground at the property, almost a year earlier than they had previously stated, and there’s so much progress to see on the site right now,” added Ginsborg. Designed with a “National Parks” theme and featuring mountain views, water features and fireplaces, for example, the 480,000-square-foot Village at the Peaks is located at South Hover Road and Ken Pratt Boulevard.