By Shay Castle
Demolition work has begun at the Sutherlands lumberyard site to make way for the $100 million mixed-use S’PARK development.
“This marks the initial transformation of the S’PARK site, a milestone that the both the development team and the Boulder community have long been anticipating,” said Scott Holton, principal of Element Properties, in a statement. “We could not be more excited to begin preparing the site for vertical construction to begin later this year.”
The demolition of the lumber yard, which operated at 3390 Valmont Rd. for 38 years before closing in 2010, is expected to take two months. Construction on the project will start at the end of the year and finish in mid-2018.
Upon completion, S’PARK will feature 145 high-end multifamily rental units, 38 affordable housing units, 40,000 square feet of retail space and 100,000 square feet of office space. Boulder brewer Upslope has already claimed 11,000 square feet for a new brewpub on the site, to open in the fall of 2017.
The 9.8-acre site is part of Boulder Junction, a pedestrian-oriented redevelopment of 160 acres between Valmont Road and Pearl Street from north to south, and 30th Street to Foothills Parkway from west to east. Development is brisk on the periphery of those boundaries as well, with Google setting up shop in 330,000 square feet on the southwestern corner of Pearl and 30th, and developer Jason Lewiston planning 28 high-end townhomes a few blocks north at 2875 30th St.
Along with Element Properties, Chicago-based real estate firms Kinship Capital and The John Buck Company are developing S’PARK. Boulder-based Sopher Sparn Architects planned and designed the project.
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