SUBJECT:
Title
Presentation of 2025 ICSC Award for Excellence in Community Advancement
Department
DEPARTMENT: Economic Development
Presenter
PRESENTER(S): Julian Jacquin, Director of Economic Development & TOEURA
Tyler Carlson, Evergreen Devco
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Time
TIME ESTIMATE: 5 minutes
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Fiscal
FISCAL SUMMARY:
N/A
Policy
POLICY ISSUES:
This item has minimal policy implications.
Recommendation
STAFF RECOMMENDATION:
None
Body
SUMMARY/KEY POINTS
None
BACKGROUND OF SUBJECT MATTER:
Erie staff, alongside Evergreen Devco, proudly accepted the 2025 ICSC Award for Excellence in Community Advancement, recognizing Nine Mile Corner at the 2025 ICSC show in Las Vegas. The project is a standout example of smart retail development and community-driven design in action.
“Nine Mile Corner exemplifies small-town brownfield redevelopment success in Erie, Colorado. The collaboration, which also included the Town of Erie Urban Renewal Authority, transformed a 45-acre site from a blighted property into a thriving retail center anchored by Lowe’s Home Improvement and supermarket chain King Soopers, plus a 287-unit attainable multifamily community. The project utilized a metropolitan district and urban renewal area to issue $17.7 million in tax-exempt public improvement bonds funded by tax increment financing, successfully addressing extraordinary infrastructure costs while delivering critical sales tax revenue and jobs to the community. Named for its location exactly nine miles from Boulder, Colorado, Nine Mile Corner has accelerated development in the area by nearly 20 years, illustrating how strategic public financing can attract significant private investment in smaller communities.”
Additional Key Stakeholders
Architects and Engineers: G3 Architecture and Galloway & Company Engineering (retail center); and Kephart and HKS (multifamily)
General Contractors: Brinkmann Constructors, Waner Construction and Nexus Builders
Leasing Company: David, Hicks & Lampert Brokerage
Finance Company: D.A. Davidson
<https://www.icsc.com/news-and-views/icsc-exchange/5-transformative-public-private-partnerships-the-2025-icsc-excellence-in-community-advancement-award-winners>
Evergreen will attend the Jun. 24 Town Council meeting to jointly accept the award and provide remarks.
priorities
TOWN COUNCIL PRIORITY(S) ADDRESSED:
☒ Attractive Community Amenities
☐ Engaged and Diverse Community
☒ Prosperous Economy
☐ Well-Maintained Transportation Infrastructure
☒ Small Town Feel
☐ Safe and Healthy Community
☒ Effective Governance
☐ Environmentally Sustainable
☒ Fiscally Responsible
attachments
ATTACHMENT(S):
None