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1. When will the anchor site and pad sites be complete?

Groundbreaking is anticipated in late 2023, with anticipated completion in 2025. There is preliminary interest in pad sites, which can be built while the anchor is being built.

2. Will there be pad sites available for sale or lease?

There are several pad sites available as well as in-line tenant space opportunities. The status of for lease vs. for sale is subject to negotiation with the applicant developing the site and leasing brokers. 

3. What will lease rates look like?

Depends on pad, category or use, and spaces. The brokerage group doing the leasing is Crosbie Real Estate Group. They can provide additional information on site or pad specific questions regarding sales or leasing.

4. Will it have a gas station?

There will be one fueling center associated with King Soopers. This will be in addition to the existing Circle K which is located at the northeast corner of Hwy 52 and William Bailey . The proposed fueling center is proposed to be located along Colorado Blvd.

5. Will the traffic signal at William Bailey be modified?

Pending Town approval. This along with all traffic improvements will be reviewed as part of the development review process. Improvements will be based on approved traffic impact studies and approved master plans. 

6. Will there be any restrictions?

The anchor user will have some restrictions on users that would be viewed as competition (i.e. Target or a similar competitor wouldn’t be allowed to locate on the site). Other use restrictions are per the Land Use Code and Planned Unit Development (PUD) overlay. Additional land use restrictions are included as a condition of assistance from the Frederick Urban Renewal Authority. Those restrictions include limitations on smoke/pipe shops, used goods for resale, outdoor storage (not associated with outdoor displays), new or used automotive sales and no more than one automotive wash facilities. As a matter of practice, uses like automotive service shops (i.e. Grease Monkey, Firestone Auto etc.) are only allowed to perform work inside enclosed bays and not outdoors. 

7. Is there minutes available from the last community meeting?

Minutes are not kept during neighborhood meetings. 

8. What type of construction?

Architectural standards and design will adhere to Town development standards and adopted building codes. Specific construction types and methodologies will be driven by the end user. Buildings are required to have consistent architectural materials and material pallets throughout. 

9. Will there be restaurants?

The goal of a neighborhood center like this is to find ways to activate it morning, noon and evening. This includes ideally providing a variety of dining opportunities that cater to those needs. This approach includes quick service options, fast casual options and opportunities for sit-down options.

10. Who can I contact if I have ideas of potential tenants?

Crosbie Real Estate Group is managing the leasing efforts for this project. Their website is https://www.creginc.com/property/silverstone-marketplace/ and includes information on how to get in contact with the brokers.