Sale of 24-Acre Parcel in Parker Officially Paused

The sale of a 24-acre parcel known as Pine Curve, located east of Pine Drive, adjacent to the Parker Library in downtown Parker, has been paused and is no longer actively for sale. The site presents more development space than the other site in Parker, according to Parker’s My Mainstreet Strategic Framework, a guiding document intended to guide interested developers when creating their plans for each site in downtown Parker.

Since Pine Curve was listed for sale in 2018, many developers have struggled to propose developments that fall in line with Parker Town Council’s vision for the site. According to a press release, the Parker Town Council decided, with advice from Partnering for Parker’s Progress (P3), to take Pine Curve off the market and reevaluate the process for selling the property.

“Ultimately, Town Council determined that taking Pine Curve off the market was the right decision,” said Weldy Feazell, interim director for P3. “Our next steps are to reevaluate as an organization and to find the right development partner that will build within the guidelines outlined in the My Mainstreet Strategic Framework document.”

The Parker community was invited to share their input to help determine the kind of development best suited for downtown Parker. This feedback was compiled into the Strategic Framework. After months of engagement, it was determined that Pine Curve can be developed into a space that is an extension of Mainstreet, complete with townhomes, office space, and retail space.

While the development process has paused for Pine Curve, there are still four other sites for sale in downtown, all of which have recently received several new development inquiries.

Image courtesy of P3

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