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Staff previews Addison Junction TOD rezoning; DART parking to remain under transit agency control
Summary
Town staff summarized a proposed transit-oriented development rezoning (Addison Junction) that would consolidate multiple PDs into one plan development, including hotel, two parking garages, office and retail, and noted DART-controlled parking will remain under DART control while a private lease with QIP governs adjacent land.
Town planning staff gave a high-level preview of the Addison Junction transit-oriented development entitlement, which would consolidate several existing planned developments under a single plan development.
"There are several components including a hotel, 2 parking garages, a mass timber office structure, entertainment and several retail and restaurant spaces," Leslie Knapp said, and noted a master development agreement for Addison Junction was approved by council on Sept. 9.
Staff highlighted that a small portion of the DART lot at the northwest corner of Arapahoe and Quorum Drive is included for a hangar development but that most parking shown in renderings remains under DART control. "That is under DART control and not under the control of the town or the developer QIP," Knapp said, adding the town is a high-level facilitator on the project and the QIP'DART arrangements are private.
Background: Staff said restrictive use covenants discovered in title work in April 2024 had previously limited residential uses in some iterations and that a subsequent MOU and master development agreement allowed the developer team to progress the master plan. Commissioners asked for more detail on parking, DART lease terms and the relationship between the transit center and the proposed hangar site; staff pledged a fuller presentation at the regular meeting with slides showing parking and circulation.
What's next: Staff will present the full Addison Junction presentation at the regular meeting; representatives from QIP were present to answer development and lease questions.
