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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 Although this project page has been archived, we invite you to visit the P-3 Partnering for Parker's Progress My Mainstreet webpage for ongoing updates, resources, and additional information on this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 Although this project page has been archived, we invite you to visit the P-3 Partnering for Parker's Progress My Mainstreet webpage for ongoing updates, resources, and additional information on this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.
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Implementation Process
My Mainstreet Properties are Listed For Sale
My Mainstreet Implementation has finished this stage
All 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.
My Mainstreet Implementation has finished this stage
September 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.
My Mainstreet Implementation has finished this stage
The 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 stage
The 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 Implementation
The 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 Implementation
The 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 Implementation
The properties listed below are now privately owned and development will begin. Anticpiated 2024.