Economic Development Initiatives
Castle Pines is bursting with opportunity!
By choosing to live in Castle Pines, residents have invested in high-quality homes and lifestyle amenities. Castle Pines is an affluent and engaged community that is calling for more restaurants, retails options, and services.
Private industry has already recognized the potential of the area. From revitalization of our commercial centers to residential and multi-use development, forward thinking, strategic investment is re-energizing the community and creating an environment for retail and commerce.
Retail Analysis and Recruiting
Retail recruitment and retention are part of the City’s overall economic development strategy. Through an agreement with Buxton Company, the City is gathering data, creating marketing materials, and developing connections necessary to successfully building a strong retail environment.
Overall, the population of Castle Pines’ retail market area, or the area within a 12-minute drive time to Castle Pines, is 27,000. The area also experiences significant leakage rates, meaning the majority of purchases by Castle Pines residents are made outside the city limits. These two factors combine to create retail opportunity.
Learn more about Buxton's efforts to support retail development in Castle Pines and stay tuned for more details from the final report.
Village Square Revitalization
As the Castle Pines community evolves, the City is working with community partners to ensure that our commercial core remains a vibrant economic center. Creating gathering spaces, increasing walkability, and leveraging the brand new public library scheduled for construction next year presents a unique opportunity to invest in our community core. Learn more...
Located just south of the Village Square Commercial District, Lagae Ranch will include 231 single-family homes and 400 multi-family residences to compliment the existing Elk Ridge Park and 76 acres of open space. Learn more...
Castle Pines Town Center
Located to the south of Lagae Ranch, the Castle Pines Town Center plans include 475 single-family homes, 200 multi-family residences and 500,000 square feet of mixed use/non-residential. Plans also call for a new school and plentiful parks and open space. Learn more...
On the east side of I-25, the 3,343 acre site will include a wide variety of development. Plans include 2,500 residential units, 2.1 million square feet of mixed use/non-residential, transit stations, parks and open space, schools, land for working farms and other sustainability-focused amenities. Learn more...