Thursday, September 18, 2008

Forest City Breaks Ground on 184 acre Park

(From an Article in the Denver Business Journal, Sept. 3, 2008)
Developer Forest City Science + Technology Group broke ground on the 184-acre Colorado Science and Technology Park in Aurora Wednesday. The new park will house an incubator for emerging businesses, a hotel and conference center and a 175,000-foot-foot office building for University Physicians Inc. The Fitzsimons Federal Credit Union also will break ground on the site. During the groundbreaking, Aurora Mayor Ed Tauer unveiled a study that showed that development in the former Fitzsimons Army Medical Center — which includes the Anschutz Medical Campus, The Children’s Hospital and Research Center and a planned veterans hospital — will generate up to $4.5 billion in “annual economic impact” by 2013. Forest City Science + Technology Group is a division of Forest City Enterprises Inc. (NYSE: FCEA, FCEB), a real estate development company based in Cleveland, Ohio.

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