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HomeMy WebLinkAbout20031673.tiff r —470 Public highway Authority Quarterly (ipclate W 4q� . : 2' .+ 9. .:y r 5.+X�+em ye47.ga.e j-.. . r _ " '',,,',,,,,j;;?� t .4.:",..i". . � � Yom' y'yr/" .vimy .:',.,.,;;"2.;;,q1:4;,::-,:c: � .; r u "r�7._ :s�P. ./Ln.w 7c+m, --. a.. i ,m. ao-W ' "tea z.-—..�,�. tr r t ?M" M. .,`,, x.'� .4- � t"a `.5,te+ s es ` lo- ' at er �* *.; a ,,,,.I.!:/.9 t r' 4 Fns,. f N 2'41 k iY 1 LTA Into the Great Wide Open—Rooftops are visible along E-470's northern portion in Adams County. EA-70's newly opened 47-mile beltway is attracting a variety of development projects—from commercial and industrial to residential and mixed use. Smoky hill Road, I-70 and I-76 interchanges are focal points for this growth. See feature on pages 3 and 4. Quarterly Report January I - March 31,2003 / \� A progress report on Segment IV / � construction ( jD/Vi 7V7L ) 6PC1ViX �, ., I C �nm ,,e _, , �. _O �� 2003-1673 ,.... ,.. About the ToIlwa E-470 is a tollway that runs along the eastern perimeter of { Fixed Contract Price the Denver metropolitan area. The 70-mph highway extends The total contract price,including change orders and 47 miles from State Highway C-470 at 1-25 in Douglas County amendments,at the end of the first quarter was $248,040,000. south of Denver,runs east then north ,through Aurora,passesThe contract price includes all design,construction,supervi- along the western edge of the Denver International Airport, I sion,equipment,materials,labor,and services relating to the and turns back towards the west,terminating at I-25 near design-build contractor's obligations under the design-build 157th Ave.,north of Denver in Thornton. contract (including all equipment and services provided by sub-contractors and vendors and intellectual property rights The E-470 Public Highway Authority ("the Authority") necessary to perform the work). consists of eight member jurisdictions: Adams,Arapahoe and Douglas counties and the cities of Aurora,Brighton,Commerce Guaranteed Completion Dates City,Parker and Thornton. Affiliate,non-voting members are The design-build contractor is obligated to achieve final the cities of Arvada,Broomfield and Greeley,and Weld County. acceptance of the Segment IV project by the date that is 1,124 Ex-officio members are the Colorado Department of days (June 10,2003) from the date that notice was issued to Transportation (CDOT),Denver Regional Council of proceed with Phase III work. The design-build contractor is ( Governments (DRCOG) and the Regional Transportation required to achieve substantial completion on all of Package B District (RTD). by 1,034 days (March 12,2003) from the date on which the • Authority gave notice to proceed on Phase III. Engineering Oversight About the Pro"ect The Authority has retained the services of O'Brien Kreitzberg,Inc./URS as project oversight engineer to assist with Segment IV,the final portion of the highway,was completed contract administration,document management,design review in almost three years,and was finished five weeks ahead of and construction monitoring during the Segment IV design-build schedule,on budget It connects E-470's former northern contract The O'Brien Kreitzberg contract value,after adding terminus at 120th Ave.with I-25 on the north near the 157th three change orders,including added work for oversight of the Ave.alignment in Thornton. The first four and one-half miles, 1-25 interchange design and construction,was $9,213,477. from 120th Ave.to US 85,opened on August 8,2002. The last ■ eight miles,from US 85 to 1-25,opened on January 3,2003. A Segment IV design-build contract was signed in January 2000 between MKK Constructors (MKK) and the Authority. MKK,a joint venture between Washington Group International, +-W rest ,fr�t�i �E�. , ` s� n "�- # Inc.(formerly Morrison Knudsen) and Kiewit Western, AS .s 1q,o e[�#�t�e virt , m q ,IF last i designed and built the final portion. (See page 2,"Design-Build • s as s q� Contractor.") • nJ� Q• /tete• ^� ° alW Design-Build Contract t144t`enue �.• $ • There were no amendments to the contract during the first - x Ton r quarter. Through the end of the first quarter,there have been 31i61h Av u Plaza E • Sub P a total of 52 change orders,totaling $15,091,423. The largest 128th Avenue interchange with 1-25 and 1, 'eel future Northwest Parkway £ components encompassed in this amount include the option to ' " 124th Avenu- 4' (r , construct a maintenance support facility in Segment IV / ttahkicnue 20tAvenu� ($2,672,062);the design and construction of an additional 1 I i 2th Avenue mainline to connect to the Northwest Parkway ($4,950,000); and extra design to complete the I-25 interchange connections 104th Avenue 1040 Avenue for the Northwest Parkway ($2,750,000) at the Northwest 100th Avenue 96th Avenue - Parkways expense. - '` r 3 881h Avenue as _ T Map of E-470 Segment I V Segment IV Design-build Protect Progress Report Design-Build Contractor I Area Activita and ff conomic Impacts The Authority entered into the Segment IV design-build contract on January 27,2000 with the design-build contractor, US Home is the developer of Heritage at Eagle Bend,an a joint venture between Washington Group International,Inc. ! age-restricted golf course community at E-470 and Gartrell (WGI),formerly Morrison-Knudsen,and Kiewit Western Road in Aurora. There is only one other age-restricted Company.Full notice to proceed was given during the first and community as large as Heritage at Eagle Bend in the Denver second quarters of 2000,with formal groundbreaking occurring area. US Home is planning a similar project in the E-470 on September 7,2000.At the end of the first quarter,the over- corridor at the Todd Creek development in Adams County. all design-build contract was 99 percent complete,as relatively The $17 million,404,000-square-foot warehouse for General minor tasks remained to be completed. Motors is underway at the northeast corner of E-470 and 1-70 and is targeted for completion by October 2003. GM is Utilities ProLogis' first tenant in ProLogis Park 70,a 182-acre,2.9 At the end of the quarter,the relocation of all existing million square foot warehouse and distribution park. utilities had been finished and the relocation of irrigation canals Shea Homes' master-planned community,Reunion,has model and ditches also was complete. homes available for viewing near E-470 and 104th Avenue. Reunion is a 3,138-acre mixed-use development including Construction 12,000 homes and 900 acres of commercial and retail • At the end of the quarter,construction was approximately development Build-out of this golf course community is 99 percent complete on Area B2. All bridges were complete targeted for 2025. and only minor work remained on grading and drainage. • • E-470 and the Northwest Parkway are combining efforts on the construction of the 1-25 interchange in Thornton.The design-build teams for E-470 and the Northwest Parkway have the same two partners— Kiewit Western and Washington Group International (\A/GI).WGI is the lead partner for E-470;Kiewit is the lead for the Northwest Parkway. • Total cost for the I-25/Northwest Parkway interchange is about$70 million.The E-470 portion is roughly $32 million and,therefore,the NWP portion is about $38 million. Project Financial Highlights In May of 2000,the Authority closed on a $358,048,750 bond issue to finance Segment IV.This raised E-470's total debt to approximately $1,231,000,000. Through the first quarter,the accepted earned value for Segment IV was $245,382,000. ■ • • Development in ` the Driver's `feat Along F.--1-70 Growth areas dot landscape along E-470 at Smoky Hill Road, and Smoky Hill Road Corridor Located in southeast Aurora,this area includes two of the metro areas wealthiest ZIP codes,with the average the I-70 and 1-76 interchanges. household income more than$100,000. Planners estimate that in the next 20 years 80.000 people will move into the communities located near E-470 and Smoky Hill Road. :r 3• f • - car rtr r • _ Saddle Rock East,South North Beacon Pointe 4- a • ♦ d_ ---,,,,..-,.,....._,,...,..„:7,:,., .3.--7,— Location: West side E-470,between 9,-4! Location: . Northeast of Smoky Hill Road, `'s q. _ 1..0....3'.1441.-, L 7 .,* !tr y.Ir Gartrell Interchange to { r '� + , E-470/I-76 Interchange '- Smok Hill Road Project Type: east tden l heathnds ..i.---‘'41* +,. s; .�`'• �" !• :«.. ... • P tT Residential Acres: 370 ` .. "�' Ye r`y`t` §v `, "--..-,?4t.'... cres: acres Housing Un ts: 1,119 • f;e'' -' .• Housing Units: i IfJfy 3,660 Status: Proposed • ti s / x lit tip Status: {iyi Ex.st.ng and under construction r ` ti South Shore s .r r t';rj- - :a ,,'• y� Saddle Rock Ridge "'Al Location: Approximately one mile southeast �' re 3 f f .V /: Location: West side of E-470,north of of E-470 and Smok Hill Road i e s,,. ,. +, r... - rb. •,n - Smoky HillRoad Project Type: ' Residential,includes plans for two t-... , ` ,d,r,- ,,..,: *:.n- f$ojectType: Residential schools,four recreation facilities r, R. ,. "_.c.--`:tw '; Interchange I, � i lr`�` n _ l" — a°= r E-470!1-70 drat Acres: 3. andparks 1 "' g_-tt r r � , .� �.. ._ � -_�� Houstnit Units: �-:': 3.721 Acres: 803 �., t + R ��:�ttti-tr ! rt 7-7' ) d Status Under construction Units 2.656 ) i; �...;. ,•••••,-, •• •---f.i .�.-. : :: .,q •.4..:, !if -�__.- -- -- - taws: Proposed E.77ri1rr,it5-ct e:. .' • �` Housin • N :" Tr rr !>iz.a r S I d 3_;S Vistas at Senac ; ,ii ,t t I• s.:: r' `�' r "-i i:' }y _ ¢ _ •-t t ._l -``` Lac Location: North of Orchard Road 8 High Plains 3 r +�` - � -' y.>: between E-470 and Harvest Road Location: North of the Arapahoe +t. ',_d� 1.-..14.1., -.. fr . . ¢z. .,'a: : n �.. ...1". ..-^7:-..-.,2 ....,--....-..4-?, -• Project Type: Residential Douglas County Line q.; ' F't/ s. '4't.,,,. .t, a .?. ;•t 1 ^v•�"•' _ - -�'r �".:i Acres: 293 Project Type. Residential , •�`� ..,-. . _y., .,,.. '' ;:' ', _ _ .a, t ,._y *. Housing Units: 997,single-family Acres: 636 + t. if S' °I ' ,r wadi e r If 7. I. (t FT h r . «'L t' •.. ..-- ,• .:- ,..4: . y i ` . I v f' a �i+� 'e ) i b Staves: Under construction Housing Units: 1 580 .�-' -.�i ,.. „-•• mil?'•• s i- Status: Proposed f= • 1 it t ts., e 7 • • • S. 1 PI.T�t}R I()t LTA' s"5 Tallyn's Reach andTallyn's Reach North 'r'�r,?< s .»I ,,.. '+ vun ¢ • ., .. .rr.rY, r..--• n•,, `• '` - dF)AM.S COI)h TY w a Location: Mt East of E-470,south of Saddkerock Market a �S ; •, r- ti ---1,1,-..,-:-.:i.,-,.... v r`s fir;y�� � yv .. .. Smoky Hill Road Location Northwest corner of ?f, ; �... .� a,rw<; t :- :,,,,,,,,,,.,.... .„,, ,,, .,,,,...,„.„-..„:.,2, . .. t Project Type: i forResidential/mixed use,with space Smok Hill Road and E-470 14, d�. .x•'r�. . _ • '.. - � _ } R , .., '; i 3,;' �. for City of Aurora municipal services roject ype: etail 7;}° 1.-" center,including police and fire stations, Ommercia - a police/fire dispatch center and a t - •i. . . -, public . :F,3 '•••••,',": �' �+, x ei ..1 _,S P Square Feet: 300.000 retail f I r.-4 c'ra, . re Status: n er construction 4 c 7" �: k ' Housing Acres b 998 Businesses: Horne Depot Albertson's Grocery Store, � y t a:-, t Units. µC 3 767 single-family units Wendy's,Outback Steak House, t `•'''�' ' •; r Status ' Existing and under construction is+ •y Subway,Mailboxes.Etc. rup r t 5 [I Woodlands Southlands "' , a EA Location: Southeast corner of E-470 and t�f Location Northeast comer of E-470 and t _ Smoky Hill Road Sm it Road .r 's_ r R dry H . z .r ';4, ` 1 p ' ` -s Project Type: Residential Project Type: Retail ti; T ss T- , : :•,.... 'r a•. Acres: 636 Commercial a, }T, Housing Units: 1,580 Square Feet 1.6 million retail 4'.:7,... y , „ • o � .• Status: Proposed Acres: 300 l t .) : Units: 1,200 t - > Businesses: Wal-Mart and Sam's Club are both 1-76 Interchange 1-70 Interchange w 4 • currently in review process Located on the northern side of E-470 in Segment IV. Near Denver International Airport,this area is a hub +� i"' k In Adams County,plans for thirty-one business parks for industrial warehouse distribution centers.High * -- ,.s• fi"", •aT a,:••; , have been approved that are in proximity to E-470. profile companies are choosing to locate here dry I `" a _ r' ' ..-.--,e4:,'„.... �' 1 ' ' • Bromley Park and Prairie Center developments total because of the location convenient to E-470 and the E-470/Smoky Hill Road nearly nine millionsquare feet of office,industrial,and time savings it offers- `° `' "" ` c .. +, 3 v a wi �• - " Corridor g ,; i Vr ��44 commercial facilities.The City of Brighton's Economic ; j zkj 7 Crw'°"� 4.".2'..,,,4i., t Development Director estimates 20 million square in EastGate x--z' • ; J -,- ' `'".,.u'" "'';," r2i —may" . -(t 1 feet of development and the addition of 10,000 homes Location Aurora ht �_ r f * s,o p Project Light industrial and distribution x ax i�j : t'^'" a +, .� cv will carry a price tag of$I billion. warehouse .r ID.�At�t_ )U v 1 ti -ad , a� c Acres: 294.7 ' a a ` • A ? r 7e 1 !':::=1:21::::::1:...i.: ' ' T. `7: • Prairie Center 7 t 1 ,o ,i .'f } Location: west of -76 ScLuare Feet 4 million of distribution space ' .rn.a [ t -..— • 'Status: In the development review process s ` ` / 3+b " : ,' ProjectT • Mixed-use , ® , Acres lip�q: ll "�. �4r' :.::\....1.1. ` ` . Units' 4.780 n ProLo is Park TO - •�.? - 1 ,��": r. ..,. ;: r .. ti',`f \�, �' • 1:814 i<i,i ... let y ' 'i ti 'rp,tc 4 as ` Location: The northeast comer of E-470 and t .� � (re Feec 8-10 million commercial and retail - - r '- d `4,: 'j � '� X r-70 m Aurora t� - iu.a..c-,,,,,..,,..., - �i .r�'�.i c3�t � ': Ta1,Wr R. : ` ,3 .talus: Brea in round in ,wit some - -' - - '" •g g Project Type: Warehouse and distribution centers, y a• , ,�..\ ≥stores o enin in 2004 f p g indudin GMC.see#3 below ' + + - "TAcres: 182 0411. K., -}r In .�,., a - ,tti •,,hl, tia,,.... �♦s`� ..+•:...4:::.'�Bromley Park Square Feet: 2.9 million for warehouse andI r syT� 3:c 44 t qEl Location: E-470 and 1-76,north of Prairie Center distribution center develo end ]- F " ' ^"• ., 'col res Sratus: Underconsvuction ` • ' ` ar s1'ia ;ayect T Residential and kduscrhl ° q'" `2 ir +' , e 2 th"tAcres: 1,660 � -a . Housing Units: 571 r r , ?+Maw+ss 'K rag General Motors Corporation �S AR AP' :.iii' „ Stains: Residential(212 acres)under Cl i Location: Within PrvLogis Park 70 _ j °1d yshF','�1 'r�C construction Project Type: Parts distribution warehouse,serving ! y ,, 225 dealerships in 12 states r n 't 4Y:� r', l+i• ` Acres: 182 �, ,a.+�c!•.r F,� Sa �� ,fit •••'*4: .�y� �i • v� :.,d .4.••••:•z:;,,- , Square Feet 404,000 c at.t +:. 'y .s•` . F t '' - Status: Targeted for completion in October 2003 S ro .� f� T' .~('c � e. l , Wi Aurora Commercenter ++ a< �f�d' " ,:_...17:y.41..1•!:4'.. PAHOE OuW j Sj Loatlorc Norshwax corner of E-470 and 1-701.,..,..."'.:x.,- `s .r.....,... ::: �'-�` "� '`�-r.:::4"., ..., ` Project Type: Business and industrial ,• .` ' Cali.. ,i+11• t11 r +ray Acres: 162 Ei • - „ N. �7.Tr-- r• 'a4s:' Square Feet N/A { , t: Status: Planning stages =_: ,..e +. .. of a irtirtJWdi!< L N �: .- .'` ■ r, budget and Revenue I I On the Road _€ E-470 _._..__.._...._..,....._...__......__...______ EXpressToll"Transponders Issued over the Past 13 Months I •The approved 2003 On Jan.3,E-470 opened budget called for ; °'°°° ®` ' e the final eight miles of the operating revenues of highway,providing drivers in $77,731,000 with I the north metro area with $61,774,000 (80 percent) high-speed access to the of that from tolls.During m°°° a $ - Denver International the first quarter,the collected = T s. 5 Airport and other Authority -, $11,600,000 in toll °°°°° 5 destination points on the r south side of town. revenue or about 18.8 mono � � � In the first quarter, percent of projected toll " ; 'a. t . E-470's transactions were receipts. 1 a " PA,_ Ate al Asi a �, �, �, �, �, up 24 percent and revenues 4 '� '' / �' °'" `t i / gffi '' increased by 50 percent • For the 2003 budget,the from the same quarter last board of directors approved $23,472,000 in year. The E-470 board of total operating expenses directors also ratified a E-470 previously scheduled toll for the Authority. Monthly Toll Revenue For Past 13 Months increase of 25 cents for an.aoo.aoo •Cash Tolls mainline toll lazes,while •Toll transactions �a�during ®Erals p the first quarter averaged ramp plaza toll rates went just fewer than 101,000 �'°°° unchanged. for weekdays.This was Electronic tolls continued slightly over 92 percent of i ,00°,00_ to outpace cash transac- the projection. tions for recent monthly toll revenues. •Vehicle Registration Fees °100°'°°°- EXpressToll accounts for the first quarter • grew to 91,585,with the totaled $1,730,000,or number of transponders ° about 23 percent of the �� �a ° � de ce 19 ot �9 issued reaching 151,327./ . annual total. • Highway Expansion Fees collected in the first quarter were $52,000. E-470 • Average Weekday Transactions For Past 13 Months —Mus WeeMey Average ltOttO- 20WJ- W'[W- 40.0.W 0 L XporessTollsmis Number One board of Affiliate on koRpers' Lists Directors Directors Record number of accounts opened through r Noel Busck Don Allard Mayor,City of Thornton, Council Member,City of partnership with grocery store chain Chairman Arvada, Director Lynn Myers County Commissioner, Tom Selders Arapahoe County, Council Member,City of IIIIIIIII,. . . , FirstVice ChairmanGreeley,Director Gary Lasater Hank Stovall `t Mayor,Town of Parker,- � Council Member,City and _. Secretary,TreasurerCounty of Broomfield, M Director Sean Ford City Council Member, Glen Vaad m, Commerce City, Commissioner,Weld r— -.. ::` ' _.,,_ Director . _ County, Jan Pawlowski Director 'ti ``, y. .-'a.� ,-,-„_„- Mayor,City of Brighton, �,,, _ ti Director Management Ted Strickland , Edward . DeLozier County Commissioner, J E.r Adams County, Executive Director - l Director e*— John D. McCuskey James R.Sullivan Deputy Executive Director For drivers in Denver and other Front Range communities,there's a County Commissioner, Director of Finance and Audit glas new item on their grocery list an E-470 EXpressToraccount.Through Douirecto County, Director Matthew M. McDole the first quarter,2,004 new accounts were opened through E-470's Chief Engineer new marketing efforts at Safeway grocery stores. Paul E.Tauer There are currently 15 Safeway stores that offer EXpressToll Mayor,City of Aurora, David M. Kristick applications.In the first quarter,20 percent of all new accounts opened Director Director of Operations were through Safeway stores. This makes it the second most popular f f' J. Matthew Alexander way to sign up,behind E-470's Website. Dc-officio Director of Maintenance In the first quarter,the Safeway store located in Fort Collins (40 Directors miles north of E-470's northern interchange with 1-25) opened the -"" Dan Baker highest number of new accounts with 1,100,followed by stores in Joann Groff Director of Information Colorado Department Technology Aurora,Littleton and Denver. of Transportation Based on the success with Safeway,E-470 is looking into other (CDOT) partnerships with grocery stores and Home Depot stores in the area. tleachuaers In the month of January,the highest amount of rt new EXpressToll Jack O'Boyle accounts was recorded with 4,471 opened,beating the previous record Denver Regional Address: of 4,125 opened back in May 1999. In the first quarter,a total of 9,800 Council of Governments 22470 E.6th Parkway (DRCOG) Suite 100 accounts were opened. E-470 expects the 100,000 new account to be opened by sometime Rosemary Paolillo Aurora Colorado 80018 in June 2003. Regional Transportation Telephone: • District(RTD) 303-537-3470 www.L-470.com II �� Future N.rthwest �. arkway 7 I ri ] ) Lin.n 44 T G ; _ qr ® 1 d 136th Avenuc is : j Area 61 ■ 128th Avenuc - 124thAvenu ■ l20th Avenuc 20th Avenu■ —NI 112th Avcnut IDenver International 104th Avenuei 104th Avenue ■ 1 1 Airport 100th Avenue • 7.n Il 96th Avcnue ,,, • � � — I t 88th Avenuc 0o ;o . I rsenal ■ptfiaAroaIefuge _ai t -Iiillre 4 , , r r I ■ 5 L �� I�r Stapleton L. — ® � o Redevelopment ,,,,1. O 26th Avcnu �"- �i �* If4 I _ Momvicw AI sIi-- ■17th Avenu.l1I Colfax Awn8th ve6th A c .as . Buckley1IllmArFarceBase uc�s A�.c v pc, wtllmrI. •va.`.. li �, Major Road '� 15 —County Border A4 ❑, .enA ti ( � ttampd'0Aven I , ^�r Lake WI{+1 t esrma Quin Ave ue ■ ® E-470 Toll Plaza rNqiiiO Interchange B Review A c. �� Smoky Hill Roam Interchan e N ,1Itilibill r 1 0 1 2 3 Miles II Orchard Ro L /� � .. m Arapahoe R... .n M d Arapahoe Ro . ■ //�\� % lo ii 7 iii / \` -o c Dry Crock Rd m m e ® _ l ^ , 1 > i Il��Airpoa� i■ coin .ine Road's u ' IIIIi ■_ ■ IN ■' May 15,2003 Hello