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live play shop dine work stay Surrounded by snowy peaks, gold medal trout streams and thousands of acres of Colorado wilderness, Basalt also enjoys the year-round cultural and recreational riches of Aspen, Snowmass Village, Carbondale and Glenwood Springs. Basalt and the valley have always attracted ambitious people passionate about their everyday life. Active. Sophisticated. Upscale. Willits Town Center traditionally planned — for the 21st century urban chic meets mountain paradise Nestled in a magnificent glacial valley, just down the road from Aspen, Basalt, Colorado is the geographic center of the Roaring Fork Valley, and is home to some of the state’s most dynamic growth. Willits Town Center is situated on the outskirts of downtown Basalt, at Highway 82 and Willits Lane. Highway 82 is the area’s sole vehicular route to and from Aspen and Glenwood Springs, providing exposure to more than 35,000 (2009) north and southbound cars daily. Willits Town Center consists of 750,000 sf of mixed-use space in twelve potential buildings: • 250,000 sf retail/office • 370 loft and condominium units • 155 single-family homes • 27,000 sf Whole Foods Market - Opened August 2012 • Potential 150 room hotel • 1,500 parking spaces • Underground residential parking • Bus stop access to Roaring Fork Transit Authority (RFTA) Bus Rapid Transit (BRT) Located just 20 minutes from Aspen and Snowmass Village, it is the only new, environmentally minded, mixed-use, transit-oriented community in the Roaring Fork Valley. the demographics of the valley Economic quick facts City of Aspen retail sales $606,542,6881 Pitkin County* retail sales $1,231,924,0002 Eagle County* retail sales $1,911,033,0002 Pitkin County skier visits 1,338,2103 At least 90 hotels/lodges between Carbondale & Aspen4 Willits’ primary trade area includes the towns of Aspen, Snowmass Village, Basalt, Carbondale and Glenwood Springs (within a twenty-minute drive), and the secondary trade area encompasses the communities of Rifle, Silt, New Castle, Gypsum, Eagle, Edwards and Avon (within an hour’s drive). The communities that make up the Willits trade area are evolving into year-round resorts and trade centers. Approximately 36,0005 people live in the trade area and spent over $951 million6 in retail sales for the 2010-11 fiscal period. The world-class resort town of Aspen lies within the trade area of Willits and boasts an average 14,5585 year-round population of affluent and sophisticated residents and second home owners. 2010-11 retail sales population per capita Willits Primary Trade Area $951,453,106636,6326$25,973 1 Source: Colorado Department of Revenue via 2011 budget: City of Aspen 2 Source: Colorado Department of Revenue 2011 Annual Report 3 Source: Aspen Skiing Company via 2011 budget: City of Aspen 4 Source: Bing Travel February 2012 5 Source: Aspen Chamber of Commerce 2010 6 Source: Claritas Data 2011 * Pitkin County includes Aspen, Redstone & Snowmass Village. Eagle County includes Basalt, Gypsum, Avon Edwards & Vail. Garfield County includes Glenwood Springs, Rifle & Carbondale the demographics of the valley Highway 82 & Willits Lane 3 mile 5 mile 10 mile 15 mile 30 mile Population 7,228 11,07922,217 31,81277,684 Avg. HH Inc. $76,517 $76,900 $77,816 $85,378 $97,522 Employees 3,598 5,466 9,941 15,90152,472 Businesses 516 811 1,5932,1766,178 (2012 Allocate Data) Drive-Time from Highway 82 & Willits Lane 10 min 20 min 30 min Population8,812 21,43741,255 Avg. HH Inc. $94,621 $99,579 $105,704 Employees4,293 9,279 29,486 Businesses642 1,466 3,605 (2011 Allocate Data) Traffic Counts On Hwy 82 southeast of El Jebel Rd 22,000 cars/day On Hwy 82 northwest of Two Rivers Rd 23,000 cars/day (2011 CDOT) trade area demographics Primary Trade Area Secondary Trade Area Population35,632 Avg. HH Inc. $66,066 Average Age 33.8 Population90,861 Avg. HH Inc. $79,895 Average Age 33.9 (2011 Allocate Data) (2011 Allocate Data) ANCHOR SPOTLIGHT whole foods market, block 2 In August 2012, Whole Foods Market opened its 27,000 sf at Willits. They are currently offering a full line of goods, and seeing customers from over 50 miles away. Sales have been impressive, on a per square foot basis, rivaling the top Whole Foods stores in the nation. If the success continues at this pace, Whole Foods may just need more space! Whole Foods Building,Block 2 lo on i t ca y ke LOT 3 INLINE SPACE AVAILABLE BLOCK 2 INLINE SPACE AVAILABLE BLOCK 8 BLOCK 12 BLOCK 6 BLOCK 7 INLINE SPACE AVAILABLE BLOCK 5 BLOCK 10 BLOCK 4 BLOCK 9 BLOCK 3 BLOCK 11 AVAILABLE SPACE Bus Stop LOT 3 Possible Drive-thru Location INLINE SPACE AVAILABLE BLOCK 2 INLINE SPACE AVAILABLE BLOCK 8 BLOCK 12 BLOCK 6 BLOCK 7 INLINE SPACE AVAILABLE BLOCK 5 BLOCK 10 BLOCK 4 BLOCK 9 BLOCK 3 Hotel Site BLOCK 11 AVAILABLE SPACE parkside building, block 1, lot 3 AVAILABLE Unit 105 1,802 SF Parkside Building Block 1, Lot 3 5.17.12 lo on i t ca y ke LOT 3 INLINE SPACE AVAILABLE BLOCK 2 INLINE SPACE AVAILABLE BLOCK 8 BLOCK 12 BLOCK 6 BLOCK 7 INLINE SPACE AVAILABLE BLOCK 5 BLOCK 10 BLOCK 4 BLOCK 9 BLOCK 3 BLOCK 11 AVAILABLE SPACE whole foods building, block 2 lo on i t ca LOT 3 INLINE SPACE AVAILABLE BLOCK 2 INLINE SPACE AVAILABLE BLOCK 6 BLOCK 7 INLINE SPACE AVAILABLE BLOCK 5 BLOCK 10 BLOCK 4 BLOCK 9 BLOCK 3 BLOCK 11 AVAILABLE NEGOTIATIONS BLOCK 12 Unit 206 1,256 SF y ke BLOCK 8 Unit 204 904 SF AVAILABLE Whole Foods Building,Block 2 LM Home & Design AVAILABLE SPACE triangle park lofts, block 5 REED STREET AVAILABLE Unit C-126 1,213 SF Triangle Park Lofts, Block 5 lo on i t ca y ke LOT 3 INLINE SPACE AVAILABLE BLOCK 2 INLINE SPACE AVAILABLE BLOCK 12 BLOCK 6 BLOCK 7 INLINE SPACE AVAILABLE BLOCK 10 BLOCK 4 BLOCK 9 BLOCK 3 AVAILABLE Unit C-120 1,221 SF AVAILABLE Unit C-118 1,223 SF Modern BBQ BLOCK 8 BLOCK 5 AVAILABLE Unit C-122 1,102 SF BLOCK 11 El Korita Restaurant HARRIS STREET AVAILABLE Unit C-110 2,404 SF ROBINSON STREET EAST VALLEY ROAD SALON TERRA AVAILABLE SPACE block 6 (under construction) AVAILABLE Space 606 2,368 SF Block 6 lo on i t ca y ke LOT 3 INLINE SPACE AVAILABLE BLOCK 2 INLINE SPACE AVAILABLE BLOCK 8 BLOCK 12 BLOCK 6 BLOCK 7 INLINE SPACE AVAILABLE BLOCK 5 BLOCK 10 BLOCK 4 BLOCK 9 BLOCK 3 BLOCK 11 Whole Foods Parking AVAILABLE Space 604 2,034 SF AVAILABLE Space 603 2,546 SF AVAILABLE Space 602 2,558 SF AVAILABLE Space 601 4,334 SF MARKET STREET AVAILABLE Space 605 2,323 SF AVAILABLE SPACE market street lofts, block 10 AVAILABLE 1008 3,131 SF AVAILABLE 1010 3,013 SF AVAILABLE 1012 3,627 SF AVAILABLE 1004 4,114 SF AVAILABLE 1002 1,134 SF AVAILABLE 1016 2,420 SF Market Street Lofts, Block 10 AVAILABLE 1020 1,355 SF lo on i t ca y ke LOT 3 INLINE SPACE AVAILABLE BLOCK 2 INLINE SPACE AVAILABLE BLOCK 8 BLOCK 12 BLOCK 6 BLOCK 7 REED STREET INLINE SPACE AVAILABLE BLOCK 5 BLOCK 10 BLOCK 4 BLOCK 9 BLOCK 3 BLOCK 11 ROBINSON STREET EAST VALLEY ROAD AVAILABLE 1006 1,757 SF good news lots of people have great things to say about Willits Basalt sales surge in January http://www.aspentimes.com/article/2013130329899 Starbucks brews up opening at Willits http://www.aspentimes.com/article/20130330/NEWS/130329815/0/FRONTPAGE Whole Foods Roaring Fork rises at Willits http://www.aspenbusinessjournal.com/article.php?id=5994 Willits owner ready to start another building http://www.aspentimes.com/article/20130311/NEWS/130319993&parentprofile=search JE Dunn Construction – Willits Town Center Block 2 http://agcace.com/2012-entries/contribution-to-the-community-2/je-dunn-construction-willits-town-center-block-2/ 1301 Canyon Boulevard Suite 228 Boulder, CO 80302 (303) 534-0900 www.sullivanhayes.com Sean Kulzer skulzer@sullivanhayes.com Michael DePalma mdepalma@sullivanhayes.com Local Inquiries: Tim Belinski tbelinski@indventures.com Independence Ventures LLC Cell: (970) 274-4711 Office: (970) 277-1100 The information contained herein has been compiled from sources believed to be reliable. However, SullivanHayes has not independently verified the same and makes no guarantee, warranty or representation about such information. Any opinions, assumptions or projections used are for illustrative purposes only and do not necessarily represent the current or future performance of the property. Site plans, renderings, aerials, marketing data, pricing and other terms are subject to change at any time. You and your tax, financial and legal advisors should make a thorough independent investigation of the property to determine its suitability to your needs. SullivanHayes, its broker associates and its salespersons, are or will be acting as agents of the seller/lessor with the duty to represent the interests of the seller/lessor. SullivanHayes will not act as your agent unless an agency agreement is signed and in effect.
