Thornton City Council created the East 144th Avenue and I-25 URA in November 2012. This area contains three (3) parcels and the Bull Canal, and totals approximately 67 acres in the southeast quadrant of East 144th Avenue & I-25 in northwest Thornton.
The plan establishes a property and sales tax increment to be used to finance improvements and accomplish the city's planning goals and objectives. The primarily development within the area is a retail shopping center known as "The Grove," anchored by Cabela's.
The post-closing agreement with the city of Thornton shall pay for eligible improvements for the project, including: Grant Street and secondary access improvements, regional storm water facilities, the Bull Canal relocation, lot grading, public art and amenities, a regional trail, and main lines for major utilities.
East 144th and I-25 URA