My Mainstreet Implementation
Consultation has concluded
Thank you for your interest in the My Mainstreet project! Although this project page has been archived, we invite you to visit the P-3 Partnering for Parker's Progress My Mainstreet webpage for ongoing updates, resources, and additional information on this master plan.
Project Overview
During the My Mainstreet Project, P-3, the Town of Parker's Urban Renewal Authority, partnered with the Parker community to get feedback to help us create a Strategic Framework for future development in Downtown Parker.
Following the conclusion of that project, we moved into the implementation phase. The My Mainstreet Implementation project built on the foundations established during 2018 and worked to inform residents about the next steps each site would go through to help create a Vibrant, Vital, and Resilient downtown.
![]() | ![]() | ![]() |
Thank you for your interest in the My Mainstreet project! Although this project page has been archived, we invite you to visit the P-3 Partnering for Parker's Progress My Mainstreet webpage for ongoing updates, resources, and additional information on this master plan.
Project Overview
During the My Mainstreet Project, P-3, the Town of Parker's Urban Renewal Authority, partnered with the Parker community to get feedback to help us create a Strategic Framework for future development in Downtown Parker.
Following the conclusion of that project, we moved into the implementation phase. The My Mainstreet Implementation project built on the foundations established during 2018 and worked to inform residents about the next steps each site would go through to help create a Vibrant, Vital, and Resilient downtown.
![]() | ![]() | ![]() |
Is there a question you have about the My Mainstreet Implementation? Please submit your question and staff will reply to you as soon as possible.
Thank you.
-
Share Would the sale a development of the Pace Center strip along main street along with taking all of the Pace Center parking block the view of the Pace Center from Main Street? Is P3 the responsible party trying to sell and develop all of the downtown properties? How many apartment complexes are currently approved or pending approval and waiting to start building? Why do you feel we need more apartments/condos on the Pine Curve property? on Facebook Share Would the sale a development of the Pace Center strip along main street along with taking all of the Pace Center parking block the view of the Pace Center from Main Street? Is P3 the responsible party trying to sell and develop all of the downtown properties? How many apartment complexes are currently approved or pending approval and waiting to start building? Why do you feel we need more apartments/condos on the Pine Curve property? on Twitter Share Would the sale a development of the Pace Center strip along main street along with taking all of the Pace Center parking block the view of the Pace Center from Main Street? Is P3 the responsible party trying to sell and develop all of the downtown properties? How many apartment complexes are currently approved or pending approval and waiting to start building? Why do you feel we need more apartments/condos on the Pine Curve property? on Linkedin Email Would the sale a development of the Pace Center strip along main street along with taking all of the Pace Center parking block the view of the Pace Center from Main Street? Is P3 the responsible party trying to sell and develop all of the downtown properties? How many apartment complexes are currently approved or pending approval and waiting to start building? Why do you feel we need more apartments/condos on the Pine Curve property? link
Would the sale a development of the Pace Center strip along main street along with taking all of the Pace Center parking block the view of the Pace Center from Main Street? Is P3 the responsible party trying to sell and develop all of the downtown properties? How many apartment complexes are currently approved or pending approval and waiting to start building? Why do you feel we need more apartments/condos on the Pine Curve property?
ptryon asked over 5 years agoWe apologize profusely for the lack of response to this question, the system didn't notify us of the question being submitted. We are working to determine why this happened and make sure this does not happen going forward.
1. The development of the PACE Lot 2 parcel will required to preserve view corridors to the PACE Center and utilize transparent materials to aid in views to the PACE Center. This requirement has been added to the listing agreement as a disclosed requirement for potential developers and will be a included as a requirement in any purchase and sale agreements.
2. Your question about P3 being the responsible party trying to sell the properties, we have created a fact or fiction question regarding this topic. Please let us know if this does not answer the question.
What is P3’s role in selling PACE Lot 2 and Pine Curve? *NEW*
P3 (the “Authority”) was given the authorization by the Town of Parker (the “Town”) in a Cooperation Agreement between the two entities to oversee the development/redevelopment of the My Mainstreet properties. According to the agreement, “The Town and the Authority agree that the Authority shall oversee the development and redevelopment of Authority and Town of Parker owned properties in Downtown Parker.”
Additionally, the Cooperation Agreement states, “Provided however, nothing in this Cooperation Agreement shall authorize the Authority to convey Town-owned property or otherwise provide incentives on behalf of the Town, and any agreements shall require specific Town of Parker authorization.”
P3 does not have any authorization by the Town to sell these properties and has not been tasked to sell the Town owned properties on the Town’s behalf. P3’s involvement in the My Mainstreet Implementation will be to continue the public engagement through the development process and to ensure adherence to the My Mainstreet Strategic Framework. P3 will not receive any of the proceeds from the sale of the Town-owned parcels.
P3 does own the site located at 19801 E. Mainstreet and the P3 staff will be working on negotiations to sell that property and any proceeds from the sale of the 19801 E Mainstreet property will be P3 proceeds and used for the repayment of the loan P3 has from the initial purchase of the property.
3. Your question about currently under construction/approved has been forwarded on to our building and planning departments to get the data, once we have the data back we will get you an answer.
4. The downtown living options were determined from the Economic Market Study as a need for downtown. You can view the market study here. We have also provided information about how downtown living adds to the vibrancy, vitality and resiliency of downtown, you can find this information here.
Implementation Process
-
My Mainstreet Properties are Listed For Sale
My Mainstreet Implementation has finished this stageAll the properties are under an Exclusive Negotiation Agreement with Confluence Companies LLC until April 17, 2022, for the development of concept plans for each of the sites.
-
Public Meeting - September 6, 2022
My Mainstreet Implementation has finished this stageSeptember 6, 2022, Parker Council Meeting. What you need to know:
- The Public Meeting is on the Purchase and Sale Agreement between the Town of Parker and Confluence Companies on the sale of the five My Mainstreet Parcels.
- P3/The Parker Authority for Reinvestment (PAR) will also have a meeting to sell a PAR-owned parcel on September 6, 2022.
- Council will be accepting public comments on the sale agreement.
- Confluence Companies first presented their concept plans for the five parcels at a P3 Board of Directors meeting on April 11, 2022.
- Concept plans include designs that were based on community input from the 2018 My Mainstreet surveys.
- You can see the concept plans and learn more at www.p3parker.com/my-mainstreet-implementation.
- See the agenda and sales agreement at the Town of Parker's website.
-
Properties are Under Contract
My Mainstreet Implementation has finished this stageThe properties listed below are currently under contract, and there is an approved Purchase and Sale Agreement.
Property Under Contract -
The Development Agreement
My Mainstreet Implementation has finished this stageThe Development Agreement for all the properties will generally address and is anticipated to occur on or before November 7, 2022:
- The specific project to be developed on each Parcel, including the parking garage to be constructed east of the PACE Center
- The performance deadlines for obtaining governmental approvals for each Parcel
- The performance deadlines for commencing construction for each Parcel
- The Public Benefits Credit for the Parcels and the corresponding reduction in the purchase price
- The public investment tools that will be used to close the financial gap in order to complete the My Mainstreet project on the PAR Parcel and the Town Parcels.
-
Properties are Sold and owned by Confluence Companies
My Mainstreet Implementation is currently at this stageThe sale of the properties is anticipated to be on December 14, 2022. The sale and transfer of ownership can not occur until the following approvals have occurred.
- Approved Purchase and Sale Agreement - Public Hearing September 6, 2022
- Approved Development Agreement - anticipated November 7, 2022
There will be no closing until both agreements have been approved by Town Council and The PAR Board.
-
Properties Development Proposals are Submitted and Under Review
this is an upcoming stage for My Mainstreet ImplementationThe properties listed below are currently under review with the Community Development Department. Anticipated 2023-2024.
-
Properties Development Plans have been Approved
this is an upcoming stage for My Mainstreet ImplementationThe properties listed below have completed their review with the Community Development Department and have been Approved. Anticipated 2023-2024
-
Development Begins
this is an upcoming stage for My Mainstreet ImplementationThe properties listed below are now privately owned and development will begin. Anticpiated 2024.
Who's listening
-
Phone 303-805-3174 Email bmatthews@parkerco.gov -
Phone 303-805-3168 Email weldy@P3Parker.com -
Phone 303-805-3136 Email kim@P3Parker.com