Local Developer Proposes Development on Westminster’s Last Remaining Parcel of Farmland

Local development company Oread Capital & Development — which acquires, develops, and operates best-in-class residential and mixed-use communities, primarily in the Denver and Boulder market areas — has proposed development for 230 acres between 88th Avenue, Federal Boulevard, Lowell Boulevard, and 82nd Avenue in Westminster, on the last remaining parcel of farmland in the area.

According to the City of Westminster, officials are currently reviewing an application for a proposed annexation, Comprehensive Plan amendment, rezoning and preliminary development plan. Later, this proposed development matter will come before City Council.

Oread’s “Rose Hill” development includes single-family and a limited number of multi-family homes, mixed use commercial retail, some open space and a park, according to the city’s website.

Photo courtesy Denver Channel 7

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