The AMC theater and retail shops will stay, but the expansive parking lots will eventually be replaced with new construction. The project is designed to take advantage of the approximately 34 acres of underutilized space south of U.S. “Although the owner has continued to invest in the property over the last decade, the owner has now determined that it’s the right time to propose this major reinvestment into the property to enhance the center and further energize the shopping area,” she said. 12 meeting that FlatIron Crossing provides about 20% of Broomfield’s retail sales and use tax collections in a typical year. The city and county will contribute $49.9 million to the development, according to the council memo, plus specific fee and building use tax reimbursements.īroomfield’s Planning Director Anna Bertanzetti told the Council during the Oct. The approved agreement is for the redevelopment of the former FlatIrons Village area and the former Nordstrom property.
Broomfield City Council unanimously approved the redevelopment of a portion of the FlatIron Crossing Mall last week.
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