What’s new in Thornton

The Denver Premium Outlets are set to open in the fall of 2018.  Located off I-25 and 136th Ave in Thornton, the DPO has announced their first 18 retailers set to open up shop.

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The initial retailers are:

  • ASICS
  • American Eagle Outfitters
  • A|X Armani Exchange
  • BOSS-Hugo Boss
  • Banana Republic Factory Store
  • Coach Outlet
  • Cole Haan Outlet
  • Converse
  • Gap Outlet
  • Guess Factory Store
  • Helzberg Diamonds
  • Johnston & Murphy Factory Store
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  • Michael Kors
  • Nike Factory Store
  • Polo Ralph Lauren Factory Store
  • Skechers
  • Under Armour

Along with the outlets, Thornton has many new retail developments in the works.

Amazon- this 2.4-million sq. ft. robotics fulfillment center in Thornton will start hiring soon and is slated to open this summer. The warehouse is located at the northeast corner of I-25 and 144th Avenue.  Read more about this here.

☆ Topgolf-  construction will be starting this summer in the Larkridge Shopping Center near Costco. Topgolf expects to open the facility in the spring of 2019.

The Summit Entertainment–  located adjacent to the Grove Shopping Center, The Summit Entertainment is expected to open in October or November of 2018. It will offer casual dining, bowling, laser tag and games

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☆ Satire Brewing Co. & Mystic Mountain Distillery Tasting Room- The duo brewery and distillery will open at 12136 Grant Circle, Suite C in Thornton in summer 2018.

☆ Thorncreek Golf Coursethey are putting the final touches on their new and improved clubhouse, patio, equipment, course, putting green, and more. The course should open by July 2018.


Surge in inventory of Denver area homes for the month of May

The Denver Metro Association of Realtors reports that metro Denver experienced a nearly 25 percent surge in the number of homes/condos for sale in May versus April.

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From The Denver Post:

“The inventory of homes buyers had to choose from at the end of May reached 6,437, up 9.2 percent from a year earlier and the highest level for a May in three years. But inventories still remain at historically low levels. Back in May 2007, when the housing bubble was bursting, there were 29,110 homes for sale on the market.

“Overall economic conditions like employment, job growth and net migration are stronger today than 2007-2008. I don’t see a bubble any time soon, but keep an eye on inventory,” Steve Danyliw, chairman of the association’s market trends committee, said in the report.

Unlike prior months, a surge in new listings wasn’t matched with a commensurate surge in home and condo sales. Those rose 6.5 percent to 5,235 during the month and are down 10.9 percent year over year.

The median price of a single-family home sold in May dropped 0.88 percent from April to $451,000, while the median price of a condo rose 2.52 percent to $305,000. Measured year over year, median home prices are up 7.9 percent, while median condo prices are up nearly 13 percent.

The speed at which homes are turning over, which tied a record low, also argues against a market turning to mush. Single-family listings spend an average of 20 days on the market, down 9.1 percent from April. For condos, the average was only 16 days, which is 15.8 percent lower than in April.”

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Other market insights from the Denver Metro Association of Realtors:

-Mortgage rates have increased a half point this year thus far, with speculation they’ll increase another half point by year-end.  This is setting urgency for some buyers to act now before rates rise.

-Denver is increasingly realizing its lack of affordable housing options and is trying to combat this through increased affordable housing legislation.

-Despite record lows in inventory, Census Bureau data shows approvals for 13, 525 housing units in Colorado through March, up 41 percent from the year prior.  Permits to build single-family homes is at its highest level since before the Great Recession.

 


Father’s Day Gift Guide

Father’s Day is coming up quick!  If you’re stuck and can’t decide what Dad wants this year, we’ve got you covered…  here are 9 ideas that any Dad is sure to love!  Ranging in price from $30- $200, there is something for everyone.

 

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Breakfast Sandwich Maker

Cook up 1 or 2 breakfast sandwiches in 5 minutes or less while also saving time on dish cleanup.  

Google Home

A voice activated speaker that can also be connected to smart home devices throughout your home. 

Patagonia Pullover

Keep Dad warm on those cooler summer nights with this light and easy pullover.

Yeti Cooler

Heavy duty cooler bound to keep your drinks cold all day long.  Holds up to 14 cans with a 2:1 ice ratio.

Portable Phone Charger

Charge up to 2 smartphones at once.  Can charge an iphone 7 5.5 times before needing to fully charge the battery tank for 9-10 hours.

Loopy Phone Case

This case will definitely protect your phone thanks to its military standards drop test and the loop is a unique, convenient way to carry your phone around.

23andme Ancestry and DNA test kits

Provide a saliva sample at home, mail it back to their lab and wait for your detailed breakdown of your ancestry.

Hydro flask water bottle

This 21 oz. standard mouth bottle with sport cap will keep Dad’s water on ice all day long.

Birkenstocks Waterproof Slides

Perfect poolside sandal.  Lightweight and waterproof while still providing support.