Broomfield reviews 345-home Edge View concept, raising airport and fiscal questions
A June 16 concept review for 100 and 115 Edge View Drive surfaced questions about airport compatibility, city finances, land-dedication rules and whether long-vacant Interlocken parcels should remain commercial.
Broomfield City Council on June 16 held a concept review for a proposed amendment to the Interlocken/Advanced Technology planned unit development that could allow up to 345 homes at 100 and 115 Edge View Drive, but staff told council the proposal is still in an early stage and required no formal action.
The concept from applicant JP Colorado Land, LLLP would convert two parcels now limited to retail and office uses into residential sites. The June 16 staff packet says the plan includes about 36 townhomes at 100 Edge View Drive and 309 apartments at 115 Edge View Drive, and would raise the PUD's maximum residential count from 650 units to about 995 units overall.
The main issues raised in the review were fiscal impact, public land dedication and the site's location near Rocky Mountain Metropolitan Airport. In the June 16 packet, staff said the city's draft 2026 long-range financial model indicates the land-use change would likely create a net negative annual fiscal impact of about $575,000, compared with a possible positive annual benefit of roughly $375,000 to $425,000 if the parcels were developed commercially.
The applicant disputed that outlook. During the study session discussion, the development team said its third-party fiscal analysis showed a modest net positive impact over 25 years, while city staff said the two analyses used different assumptions, including for sales tax, operating costs and property tax.
Airport compatibility was another major concern. Staff's packet says all of 100 Edge View Drive and the western portion of 115 Edge View Drive lie within airport critical zones, and that residential uses are not considered compatible there. In the meeting discussion, the applicant said any future project would need airport disclosures, sound attenuation, navigation easements, height limits and FAA filings.
The proposal also would require changes to Broomfield's public land dedication calculations. Staff said in the packet the current Interlocken PUD uses an older cash-in-lieu rate of $43,560 per acre, while the city's current rate is $86,000 per acre. During the , staff said the proposal would need to align with current code, though the final amount would depend on the timing of any future building permit.