Creative workspaces infuse energy and inspiration into a community. Schools and education facilities bring a dynamic learning environment that advances neighborhood investment. Entrepreneurial opportunities create a pipeline of talent and inventiveness. Art and exhibition events draw visitors and cultivate a sense of place. While these kinds of real estate facilities are not always financially viable on their own, they are critical components of a healthy and vibrant village.
We find that the most successful real estate projects embrace a blend of economic drivers and community assets. Market-driven office, retail, and residential uses provide a necessary financial basis for all of our projects. However, not every component of a development can be justified through a financial metric. Some of the most important place-making elements must be subsidized by other uses. Creative spaces may not drive financial metrics but are critical to the overall success of a mixed-use project.
“Community is not built on financial returns. It is the result of an organic culmination of human passion and investment. By taking a broader approach to real estate development, we are able to subsidize many amazing programs through the value they add to the greater community.”
Urban Villages is working with a team of vested partners to develop a new food nexus for the Colorado food and agriculture industry that will include a functioning urban farm and a vibrant public market. The urban farm will not only produce food, but will also serve as an educational facility to help guide the efforts of a growing urban farming community. The public market will give food entrepreneurs a location to create their products and strengthen the region’s small family farms through better market access. Workforce housing, shared office space dedicated to the food industry, an agricultural educational facility, hotel and event space, retail incubators, a commercial commissary kitchen, and a culinary school are all envisioned in the project master plan.