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Planning Board Approves 827,000-SF Macerich Plan

BOULDER, CO-Twenty Ninth Street will transform the mostly vacant Crossroads Mall into an open-air retail, entertainment, restaurant and office district. Century Theatres and Wild Oats Market sign on as anchors.

By John Rebchook | Updated on July 29, 2004

BOULDER, CO-The city’s planning board unanimously approved the Macerich Co.’s proposal to transform the mostly vacant Crossroads Mall into an open-air retail, entertainment, restaurant and office district called Twenty Ninth Street. The city council subsequently passed a resolution supporting the planning board’s decision, finishing the extended regulatory process and bringing final approval to the project.

Macerich also disclosed agreements were reached with two anchors, Century Theatres and Wild Oats Market–which is also planning to move its headquarters to the mixed-use center. Demolition of the enclosed mall is expected to begin by early fall, paving the way for phased store openings in late 2005 and 2006 at the 65-acre site, which will be rebuilt to accommodate approximately 827,000 sf of gross leasable area in three distinct neighborhoods bisected by extensions of its namesake city street and Canyon Boulevard.

The site will be bordered by 28th Street, 30th Street, Walnut Street and Arapahoe Avenue. A fourth neighborhood with three to four acres is expected to be developed at a later date with housing.

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