Building the Future: Redtail Ridge and the Rise of Colorado's Innovation Hub
March 11, 2025, 4:17 am
In the heart of Colorado, a transformation is underway. Redtail Ridge, a sprawling 475-acre site, is set to become a beacon of innovation. This ambitious project will reshape the landscape, creating a vibrant mixed-use campus. Think of it as a seed planted in fertile ground, ready to grow into a flourishing ecosystem.
Construction kicks off this spring. The first phase will lay the groundwork for what promises to be a game-changer for the local economy. With over 194 acres of outdoor space, 20 miles of trails, and pedestrian paths, Redtail Ridge will not just be a place to work but a destination to thrive. Imagine walking through lush greenery, biking along scenic routes, and enjoying retail spaces that cater to every need.
Strategically located along U.S. 36, Redtail Ridge is perfectly positioned between Denver and Boulder. It’s a stone’s throw from major bioscience programs at the University of Colorado Boulder, Colorado State University, and others. This proximity creates a fertile ground for collaboration and innovation in the life sciences sector. Picture a hub where ideas flow as freely as the nearby rivers.
AdventHealth Avista is also making its mark on this canvas. The healthcare giant has invested $34 million in land within Redtail Ridge to build a new hospital. This addition will not only enhance healthcare access but also serve as a cornerstone for the community. It’s like adding a sturdy anchor to a ship, ensuring stability as the surrounding area grows.
The economic impact of Redtail Ridge is staggering. Projections indicate it will generate $43 million in local taxes and fees during construction. Once fully operational, the campus is expected to bring in $24.4 million annually in commercial property tax revenue. That’s a significant boost for local governments, akin to a windfall that can fund schools, roads, and public services.
Retail sales are projected to hit $144 million annually, with $12.5 million expected in new sales tax revenues. This influx of cash will invigorate the local economy, creating a ripple effect that benefits everyone. It’s like tossing a pebble into a pond—the ripples spread far and wide.
The project is also a job creator. Redtail Ridge is expected to generate around 10,500 jobs, including more than 1,400 direct and indirect positions through AdventHealth Avista’s facility. This influx of employment opportunities is a lifeline for many, providing stability and growth in a rapidly changing job market.
Colorado’s life sciences ecosystem is already thriving. Over the past five years, private and NIH funding has exceeded $9 billion. Redtail Ridge is poised to amplify this growth, acting as a catalyst for innovation. It’s a place where startups can flourish, and established companies can expand. Think of it as a greenhouse for ideas, nurturing them until they bloom.
The project is spearheaded by Sterling Bay, a real estate firm with a robust portfolio exceeding $20 billion. Their experience and vision are crucial in turning this ambitious plan into reality. With a team of over 150 professionals, they are equipped to tackle the challenges ahead. It’s like having a seasoned coach guiding a team toward victory.
As construction begins, the excitement is palpable. The first phase will focus on horizontal infrastructure, setting the stage for future development. Vertical construction is expected to follow later this year, marking a significant milestone in the project’s timeline. Each phase is a step closer to realizing the vision of Redtail Ridge.
This innovation campus is not just about buildings and infrastructure. It’s about creating a community. A place where collaboration thrives, and ideas are born. It’s about fostering an environment where the next big breakthrough in life sciences can happen. Picture a bustling hub filled with entrepreneurs, researchers, and innovators, all working together toward a common goal.
The potential for Redtail Ridge is immense. It’s a chance to redefine what a mixed-use campus can be. It’s about blending work, life, and play into a seamless experience. Imagine a place where you can work in cutting-edge labs, enjoy a leisurely bike ride during lunch, and grab a coffee at a local café—all within walking distance.
As the project unfolds, it will be essential to keep the community engaged. Public input and collaboration will be vital in shaping the final outcome. It’s a partnership between developers, local governments, and residents. Together, they can ensure that Redtail Ridge meets the needs of everyone involved.
In conclusion, Redtail Ridge is more than just a construction project. It’s a vision for the future. A future where innovation and community go hand in hand. As the first shovels hit the ground this spring, the promise of a new era for Colorado’s life sciences sector will begin to take shape. It’s a journey worth watching, as this vibrant campus rises from the ground, ready to inspire and innovate for generations to come.
Construction kicks off this spring. The first phase will lay the groundwork for what promises to be a game-changer for the local economy. With over 194 acres of outdoor space, 20 miles of trails, and pedestrian paths, Redtail Ridge will not just be a place to work but a destination to thrive. Imagine walking through lush greenery, biking along scenic routes, and enjoying retail spaces that cater to every need.
Strategically located along U.S. 36, Redtail Ridge is perfectly positioned between Denver and Boulder. It’s a stone’s throw from major bioscience programs at the University of Colorado Boulder, Colorado State University, and others. This proximity creates a fertile ground for collaboration and innovation in the life sciences sector. Picture a hub where ideas flow as freely as the nearby rivers.
AdventHealth Avista is also making its mark on this canvas. The healthcare giant has invested $34 million in land within Redtail Ridge to build a new hospital. This addition will not only enhance healthcare access but also serve as a cornerstone for the community. It’s like adding a sturdy anchor to a ship, ensuring stability as the surrounding area grows.
The economic impact of Redtail Ridge is staggering. Projections indicate it will generate $43 million in local taxes and fees during construction. Once fully operational, the campus is expected to bring in $24.4 million annually in commercial property tax revenue. That’s a significant boost for local governments, akin to a windfall that can fund schools, roads, and public services.
Retail sales are projected to hit $144 million annually, with $12.5 million expected in new sales tax revenues. This influx of cash will invigorate the local economy, creating a ripple effect that benefits everyone. It’s like tossing a pebble into a pond—the ripples spread far and wide.
The project is also a job creator. Redtail Ridge is expected to generate around 10,500 jobs, including more than 1,400 direct and indirect positions through AdventHealth Avista’s facility. This influx of employment opportunities is a lifeline for many, providing stability and growth in a rapidly changing job market.
Colorado’s life sciences ecosystem is already thriving. Over the past five years, private and NIH funding has exceeded $9 billion. Redtail Ridge is poised to amplify this growth, acting as a catalyst for innovation. It’s a place where startups can flourish, and established companies can expand. Think of it as a greenhouse for ideas, nurturing them until they bloom.
The project is spearheaded by Sterling Bay, a real estate firm with a robust portfolio exceeding $20 billion. Their experience and vision are crucial in turning this ambitious plan into reality. With a team of over 150 professionals, they are equipped to tackle the challenges ahead. It’s like having a seasoned coach guiding a team toward victory.
As construction begins, the excitement is palpable. The first phase will focus on horizontal infrastructure, setting the stage for future development. Vertical construction is expected to follow later this year, marking a significant milestone in the project’s timeline. Each phase is a step closer to realizing the vision of Redtail Ridge.
This innovation campus is not just about buildings and infrastructure. It’s about creating a community. A place where collaboration thrives, and ideas are born. It’s about fostering an environment where the next big breakthrough in life sciences can happen. Picture a bustling hub filled with entrepreneurs, researchers, and innovators, all working together toward a common goal.
The potential for Redtail Ridge is immense. It’s a chance to redefine what a mixed-use campus can be. It’s about blending work, life, and play into a seamless experience. Imagine a place where you can work in cutting-edge labs, enjoy a leisurely bike ride during lunch, and grab a coffee at a local café—all within walking distance.
As the project unfolds, it will be essential to keep the community engaged. Public input and collaboration will be vital in shaping the final outcome. It’s a partnership between developers, local governments, and residents. Together, they can ensure that Redtail Ridge meets the needs of everyone involved.
In conclusion, Redtail Ridge is more than just a construction project. It’s a vision for the future. A future where innovation and community go hand in hand. As the first shovels hit the ground this spring, the promise of a new era for Colorado’s life sciences sector will begin to take shape. It’s a journey worth watching, as this vibrant campus rises from the ground, ready to inspire and innovate for generations to come.