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Mile High Vista Community Market Analysis

ABOUT

Urban Land Conservancy (ULC) purchased the Mile High Vista site in the West Colfax neighborhood with a plan to create a mixed-use development that would most benefit the community. Working together with Radian, a design group focused on creating healthy and sustainable communities, Shift produced a market analysis of needs for services in the neighborhood surrounding the site.

Using resident evaluations as indicators of community need, Shift gathered market feasibility data on five different uses—grocery, food retail, housing, early care and  education (ECE) and office space. The data indicated there is an unmet demand for grocery and food retail and a growing need for subsidized ECE options and affordable housing. Shift's market feasibility data informed three possible scenarios of complementary mixed-use spaces at Mile High Vista: grocery and micro housing, food retail and office, and ECE and affordable housing.

ULC engaged Shift to confirm what we projected to be the greatest community need for the development of our West Colfax Property. Thanks to their targeted research and comprehensive understanding of the market, we are now pursuing a development opportunity that will create a greater positive impact, while also addressing an untapped market demand.

Mark Marshall
Director of Real Estate, Urban Land Conservancy

KEY FINDING

67%

of residents with children in an ECE program reported traveling more than two miles to reach their children’s providers.

86%

of residents reported traveling more than two miles to visit their primary care clinic or care provider.

Explore Our
Issue Areas

Housing
Economic
Self-Sufficiency
Social Determinants
of Health
Democratizing
Data
Early Childhood
Development
Neighborhood
Change
Youth and
Education

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