Commerce City approves $500,000 for Victory Crossing, advances awards to two firms
The council split the funding equally between program management and consulting and made the awards conditional on finalized agreements.
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Commerce City Council approved a $500,000 transfer for Victory Crossing and conditionally awarded program-management and consulting work to two firms Oct. 19. The transfer and award to Hunden Strategic Partners passed 8-1; the award to The Concourse Group passed unanimously, the council minutes record.
Ordinance 2810 moves $500,000 from unencumbered General Fund balance to the Capital Expenditures Fund, allocating $250,000 for program management and $250,000 for consulting. The money is for Victory Crossing work, not construction.
The awards depend on finalizing written agreements on terms acceptable to the city manager, whom the resolutions authorize to negotiate details including pricing and payment terms. The Hunden resolution and Concourse resolution set out those conditions.
Council communications describe each proposed agreement as hourly-rate work capped at $250,000 without prior authorization. They estimate an initial one-year term from Nov. 15, 2026, to Nov. 15, 2027, with up to two one-year renewals. The Hunden communication describes financial and business-strategy advice for the city’s negotiations with the developer. The Concourse communication describes program-management services. The caps and terms are proposed, not final contract terms or confirmed payments.
The city’s earlier description of the work called for program managers to coordinate project reviews, entitlement applications and reviews, and city departments. The consulting role was to advise on financial and business strategy during negotiations with the developer and, as needed, during the project. Staff set a target of completing development entitlements by the end of July 2027, according to an October council communication.
Commerce City describes Victory Crossing as a 917-acre area it acquired in 2004. An earlier vision for about 600,000 square feet of commercial, retail, office and hospitality uses near the stadium was not delivered, the city’s project page says.