Thornton’s primary redevelopment objective is to rejuvenate the city by addressing blighted properties.
Utilizing diverse redevelopment strategies including urban renewal, our team aims to combat disinvestment trends and cultivate an environment that supports the success of commercial property owners and occupants.
We engage with property owners, developers, businesses and city offices to achieve the following objectives:
- Remove blight and deterioration
- Invigorate stagnant areas of the city
- Catalyze development for long-term investment
- Increase the tax base by creating new revenue sources
- Encourage and facilitate public/private partnerships
- Support local business
- Stimulate the development of underutilized land
Current Urban Renewal Areas
East 144th Avenue & Interstate 25 Urban Renewal Plan Area
Comprises three parcels and the Bull Canal, totaling roughly 67 acres situated at the southeast corner of I-25 and 144th Ave.
North Washington Street Corridor Urban Renewal Plan Area
Encompasses the Larkridge Shopping Center, and extends along the eastern side of I-25. Stretches south from State Highway 7 down to 144th Ave.
South Thornton Urban Renewal Plan Area
The South Thornton Urban Renewal Plan Area spans around 290 parcels, covering approximately 664 acres in south Thornton.
Thornton Development Authority
The Thornton Development Authority (TDA), created in 1981, is an urban renewal authority (URA) whose purpose is to remove blight and promote the revitalization of Thornton. TDA promotes economic vitality by using tax increment financing (TIF) to spur redevelopment activities that would otherwise not occur.