Special District Group

Highlighted Transactions

 

Transaction Details

Par: $287,645,334

Yield: 4.084%, 4.59%

Debt Structure: Limited Tax Supported Revenue Bonds, Series 2021A-1 Limited Tax Supported Convertible Capital Appreciation Revenue Bonds, Series 2021A-2

Pledged Revenue: Property taxes, sales tax increment, and lodging tax increment

Use of Proceeds: Finance the public improvements related to the Development

Deal team

Windler Public Improvement Authority

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PROJECT DESCRIPTION

  • Located along 56th Ave. and E-470 in Aurora, Adams County, Colorado
  • Developer: GVP Windler, LLC / Alberta Development Partners, LLC
  • Total of 838 acres; mixed use development to include: 2.3MM sf of Industrial, Office and Retail; 5 hotels with a total of approx. 750 rooms; 4,951 residential units (SFD, SFA, MF, Attainable); parks, rec center and open space areas
  • The development is currently vacant and undeveloped. Construction is expected to start in 2022 with full absorption expected by 2032. Developer is currently marketing to residential builders, commercial developers and, builders and end users

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