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Forest City Starts Construction at Stapleton

DENVER-Forest City Stapleton Inc. begins construction on the $300-million first phase of the redevelopment of the former Stapleton International Airport, part of a 7.5-square-mile redevelopment considered the largest infill project in the US.

By John Rebchook | Updated on May 07, 2001

DENVER-Forest City Stapleton Inc. has begun construction on the $300-million first phase of the redevelopment of the former Stapleton International Airport. The 7.5-square-mile redevelopment, which ultimately will cost several billion dollars, is considered the largest infill project in the US.

It’s about 75% the size of Manhattan. As part of the first phase, Forest City closed on 272 acres, the first purchase by the wholly-owned subsidiary of Cleveland-based Forest City Enterprises Inc.

”Stapleton is one of the most complex urban infill development projects in the country today and will involve three of our strategic business units: land, residential and commercial,” says Ronald A. Ratner, executive vice president of Forest City Enterprises. ”For Forest City, it is the ultimate integrated development project, capitalizing on our experience and expertise to develop large, mixed-use projects.”

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