NEWS admin April 29, 2022

4 MILE DISTRICT - In the Media

FOUR MILE DISTRICT BREAKS GROUND ON 10-ACRE ENTERTAINMENT DISTRICT

Glendale Cherry Creek Chronicle – Aug 23, 2024
Author,

The much-anticipated groundbreaking ceremony for the Four Mile District was held on July 25, 2024, for a 10-acre entertainment district in Glendale. With a few stops and starts and obstacles over the last decade, forward progress is happening, and the $150 million project is underway.

In 2020, it appeared that Lincoln Property Company, a Dallas based international real estate firm, would develop the district and plans seemed to be moving forward on what was then known as Glendale 180.

The project is now being developed by Central Street Capital, a family office founded by health care entrepreneur Rob Salazar. Central Street Capital has been investing in projects for 25 years including the Assembly Student Living on the Auraria Campus.

CENTRAL STREET CAPITAL BEGINS CONSTRUCTION ON 4 MILE DISTRICT

SALAZARS BEGIN SITE WORK ON $150M ALAMO DRAFTHOUSE-ANCHORED GLENDALE PROJECT

Denver Business Journal – July 26, 2024
Author, Thomas Gounley

Shotgun Willie’s is getting some competition in the late-night Glendale scene.

A groundbreaking ceremony was held Thursday for a 10-acre entertainment district in the municipality surrounded by Denver, the final variation of a project Glendale has been planning for more than a decade.

“It’s been a long time coming,” said City Manager Chuck Line, who assumed that role last year but was deputy city manager for two decades before that.

The project, expected to cost $150 million, is being developed by Denver-based Central Street Capital, a family office founded by health care entrepreneur Rob Salazar. It’s dubbed “4 Mile District,” a reference to the nearby Four Mile Historic Park, which once served as a final stopping point for those making their way to Denver.

‘A BIG KICKSTARTER:’ GLENDALE ENTERTAINMENT
DISTRICT $70 MILLION IN FUNDING

Denver Business Journal – March 28, 2022 
Author, Kate Tracy

The first part of the development has an expected delivery in late 2024.

The long-awaited development currently known as the Glendale Entertainment District has secured $70 million in funding for its ambitious development.

In what Central Street Capital Vice President Isiah Salazar calls “a big kickstarter” to secure even more funding, D.A. Davidson’s Special District Group secured approximately $70 million in bonds for the entertainment district planned in Glendale, previously known as Glendale 180.

D.A. DAVIDSON SPECIAL DISTRICT GROUP CLOSES $70M
BONDS FOR GLENDALE ENTERTAINMENT DISTRICT

Mile High CRE – March 22, 2022

D.A. Davidson’s Special District Group has successfully priced and closed approximately $70 million of senior and subordinate bonds for Riverwalk Metropolitan District (MD) No. 2 in Glendale, for the development of Glendale Entertainment District, a master planned mixed-use retail, entertainment and commercial center located in the heart of downtown Glendale. The multi-million project will break ground in 2022 and Phase 1 is slated for a grand opening in late 2024.

More News!

May 28, 2021 – Westword
Author, Connor McCormmick Cavanaugh: Glendale Moving Forward With Entertainment District. Again

May 28, 2021 – Nutzworld.COM
Author, Michael Larson: Glendale City Council approves multi-million dollar entertainment district after years of setbacks

May 27, 2021 – Denver Post:
Author, John Aguilar: Glendale gives greenlight to 10-acre entertainment district

May 27, 2021 – Denver Business Journal:
Author, Ethan Nelson: 150M entertainment district gets go-ahead in Glendale

May 27, 2021 – KUSA-TV
Author, Daren Whitehead: New $150 million entertainment district coming (video not found but reported during 10pm newscast.)

May 27, 2021 – KCNC-TV
Anchor, Kelly Werthmann (video): Glendale Entertainment District Approved by City Council

May 27, 2021 – KCNC-TV
Writer, Jennifer McRae: Glendale Entertainment District Featuring Movie Theater, Outdoor Venues Approved by City Council

May 27, 2021 – KMGH-TV
Glendale City Council approves multi-million dollar entertainment district after years of setbacks

May 27, 2021 – MSN
Glendale gives green light to 10-acre entertainment district after years of delay