Homestead Farm Community Web site Centennial, Colorado U. S. A.

Metro South • 4800 East Dry Creek Road, Centennial, Colorado

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How big is the current project?
The project, which was originally developed in 1957, contains 240,000 sf of building area on 34 acres.

What has happened to date on the current building?
An affiliate of DPC Companies’ purchased the project from Alliant Tech in February 2000. Since that time, DPC has invested over $2 million in improvements, taking the project from an old, antiquated and unattractive manufacturing building, to a new, professionally designed, first class flex/office R&D facility.

Who currently occupies the building?
Lockheed Martin, Landmark Education, and Metrum Credit Union.

What is the property zoned:
The property is zoned I-1 Light Industrial. This broad zoning allows for:

• Laboratories (basic and applied research, experimental, testing, etc.).
• Manufacture, fabrication, processing or assembling of products.
• Wholesale sale or storage of any commodity complying with the intent of this district.
• Repair, rental, and servicing of any commodity, the manufacture, fabrication, processing, warehousing sale of which is permitted in the district.
• Office.
• Office/Showroom/Warehouse.
• Mini-warehouse/self storage.
• Day care center.
• Outside Yard/Storage
• Restaurant
• Uses not specifically listed above may be permitted if, in the opinion of the Zoning Administrator, they are similar in character to permitted uses in this district, and are in conformance with the intent of this district.
• Retail sale of any commodity manufactured, processed, fabricated, and/or warehoused only on the premises (limited to 10% retail sale).
• Helipad operations approved by the Federal Aviation Administrator (FAA) and not located closer than 1,000’ to any existing or planned residential dwelling unit.
• 24-hour convenience retail operation.
• Billboard and/or off-premise signage
• Car wash and/or auto detailing.
• Quasi-public use (church, etc.).

Although our current zoning allows for our Proposed uses, the City has expressed interest in seeing the property be rezoned to a B, or Commercial Zoning. We respect the City’s desire and are working with them within the context of our overall plan.

What is the new plan? 
The new plan calls for the addition of approximately 40,000 sf of retail and professional space in a planned development. Uses could include a neighborhood grocery, i.e. Tony’s Meats, restaurants, bank, doctor, dentist, etc. and general retail stores. Our design is intended to provide those services generally found in a neighborhood shopping center, while maintaining an attractive, community-friendly environment.

How will traffic be affected?
We have completed a traffic study that shows Dry Creek can easily accommodate a modest increase in traffic associated with the proposed development. We have planned for a traffic signal to be installed at the corner of Dry Creek and Eudora St., giving access to our site as well as help alleviate these concerns of the surrounding neighborhood. Internal roads have been designed to provide access through the site.

How many buildings will there be?
Although our site plan is very preliminary and could change, we are considering up to eight buildings on the site.

How tall and what design materials?
The buildings have a zoning limitation of 50 feet maximum height. A typical two-story building is approximately 30’ - 35’ tall. We foresee a mix of one and two-story buildings. The materials used will be similar to those of the existing and improved single-story buildings. Namely, brick, stucco, glass, and steel. The buildings may contain some varied material on the store canopies. All design will be done to keep the overall design of the project consistent throughout each building.

What will the signs look like?
There will be a very specific and uniform sign criteria with consistency throughout the project. The guidelines will depend on the ultimate building design.

How will the site be lighted?
The site will be lighted with low impact high-pressure sodium light fixtures which provide an efficient and pleasing light. Typical light standards are as high as 50’, however, in keeping with the neighborhood theme, we have designed light standards that are 25’ tall. These exact fixtures have been used on the new improvements to the west end of the site. This type of lighting will keep the impact inside our property boundaries.

What site amenities will there be?
The site is being designed to accommodate customers in a friendly and attractive environment. Because the site is so large, we expect to maintain the park-like feel by providing abundant landscaping, outside seating, bike racks and handicap access areas.

What is the timing?
We expect to break ground in the fall of this year. Stores will open next spring.

For further information contact:

DPC Development Company
7000 E. Belleview Avenue, Suite 300
Greenwood Village, Colorado 80111

Christopher R. King
Executive Vice President
303-796-8288 x3321
cking@dpccompanies.com

Anthony P. Kill
Director of development Services
303-796-8288 x3344
tkill@dpccompanies.com