New Mixed-Use Project Under Construction in Downtown Superior Secures First Tenant
Boulder Baked has leased 1,150 square feet at the new mixed-use project called Origin in Downtown Superior. The local bakery is the first retail tenant to join the under-construction project.
Upon completion, Origin at Downtown Superior will include residences, businesses, and outdoor space along Superior’s Main Street. The project has ground floor retail space spread along several city blocks, slated for restaurants, fitness, services, medical, and other local and regional retailers. Retail suite sizes range from 800 square feet to 2,700 square feet with a 0.75-acre restaurant site available. In addition to Boulder Baked, the CBRE leasing team is in final negotiations for another 12,000 square feet of retail space at the site.
“Origin at Downtown Superior will bring a new high-density, walkable, multi-use community to the US-36 corridor. The project is targeted for an active lifestyle with spaces geared toward restaurants, coffee shops, medical office, fitness and lifestyle services, and all connected to local trails and outdoor spaces with views of the Flatirons,” said CBRE’s Bayer. “Boulder Baked is the ideal first tenant for Origin. They are known for their commitment to the communities where they operate and will pave the way for many other businesses to join the project.”
Boulder Baked is a family-owned bakery founded in Boulder. The Superior location will be their second store, located at 2345 Main Street. The store expects to employ 10-15 people once fully operational.
Located where US-36 crosses under McCaslin Boulevard, Origin at Downtown Superior is five minutes from Louisville, 10 minutes from Broomfield and Boulder, and 20 minutes from Denver.
Retail construction at the project is anticipated to be completed this summer. Boulder Baked plans to open its doors in February 2024.
Metro Denver’s retail sector posted nearly 145,000 square feet of positive net absorption in the second quarter of 2023, according to CBRE research. This marks the ninth consecutive quarter of positive net absorption, which is a measure of net move-ins and move-outs. Availability of retail space in metro Denver has dropped to its lowest level in the last decade (6.2%), as tenant demand remains highly active.