• Capabilities: Site Evaluation and Restoration, Deactivation, Decommissioning, Decontamination and Demolition
  • Sectors: Commercial Developers, Manufacturing and Industrials, Public Sector

Belmar Urban Center A New Downtown for Lakewood

Lakewood, Colorado, USA - Considered the downtown of Lakewood, Colorado, a suburb of Denver with 150,000 residents, the Belmar Urban Center is one of the most successful greyfield redevelopment and brownfield remediation to-date, and a model for mixed-use development.

150,000

residents benefit from revitalized urban community

$17

million in annual tax revenue

Belmar replaced the Villa Italia Mall, once recognized as the largest indoor mall between Chicago and the U.S. West Coast, while serving as an economic and cultural center for the city of Lakewood. In the 1990’s a decline of the mall began and with its continued deterioration came similar adverse impacts to the surrounding community. City leaders recognized the need for redevelopment of the centrally-located, 100-acre site to achieve civic and economic goals; however, environmental impacts represented a barrier to moving the crucial project forward. 

Previous operations left behind an environmental legacy that had to be safely and effectively managed in order to resuscitate the site, delivering a once again vibrant resource for the community. 

Arcadis partnered with developers to transform the property into a revitalized urban community, while maximizing the value of the land through smart mixed-use development.

Environmental restoration was a critical first step to enable the $560M redevelopment project. Arcadis delivered an innovative solution to address environmental impacts, leveraging a best-in-class technical solution coupled with a financial delivery model that used a public-private partnership to secure the funds necessary for the $5M cleanup. The overall funding scheme included a brownfield grant from the city, cost-sharing with former property owners and developers, and a loan from the U.S. Environmental Protection Agency (EPA). 

With restoration complete, Belmar began to take shape as 22 city blocks were transformed into retail space with shops and restaurants, office space, public parking, residential units housing more than 2,000 residents, educational institutions, as well as public plazas, art, and green space. 

MIXED-USE SUSTAINABLE URBANIZATION

Today, the redevelopment has increased community property values, adding more than 12,000 jobs, $17m in annual tax revenue and $200m in annual retail sales. Testimony to the success of the redevelopment, Belmar was sold in 2015 to a private developer for close to $300M.

Belmar was bestowed the coveted Phoenix Award for its environmental cleanup significance, an award recognizing the outstanding achievement and innovation relating to environmental and community issues. Belmar continues to grow with a light rail line recently added to Denver and a vibrant pedestrian-oriented city center and economic engine to the City of Lakewood.

Outcomes

150,000

residents benefit from revitalized urban community

$17

million in annual tax revenue

$300

million: 2016 selling price to developer

Questions about this project

Craig Divine, PhD, PG

Leader, North America - Site Evaluation & Remediation 720 308 5367 Ask me a question