9070 Maximus Drive
City of Lone Tree has Purchased 9070 Maximus Drive
The City of Lone Tree has completed the purchase of the long-vacant Treo property at 9070 Maximus Drive. This property has been a source of concern for Lone Tree residents since 2009.
Originally built as a Bahama Breeze Island Grill in 2001, the property has changed hands multiple times and last operated as “Treõ at Lone Tree” more than a decade ago. Despite several potential buyers throughout the years, the property remained vacant and in a declining state.
City staff had invested significant time in addressing issues at the site over the years, including code violations and vandalism. Additionally, the City identified blight conditions, making the reformation of the property a priority.
After much deliberation by Lone Tree City Council and staff, the City purchased the property for $3.85 million and will now prepare it for redevelopment. Staff is developing a Request for Proposals to attract a fitting restaurant or entertainment user for the site.
These efforts are aimed at revitalizing the area, contributing to the local economy, and eliminating blight, which aligns with the City’s vision for the Entertainment District. By taking these steps, the City hopes to offer a fresh start for the property and enhance the Lone Tree community.
If you represent a business interested in this property, please contact Jeff Holwell at [email protected].
Redevelopment Documents
Treõ Property FAQs
Why did the City decide to purchase the Treõ Property?
The City is acquired 9070 Maximus Drive in order to accelerate the redevelopment of a key property in the Entertainment District. This effort is in alignment with the community’s vision for the area, with the end goal of transforming this property into a vibrant space that benefits the public and complements the Entertainment District Vision Book.
How will the City purchasing 9070 Maximus Drive benefit the public?
Owning the property will allow the City to have a say in the site’s future development, ensuring it serves the Lone Tree community’s best interests. By selling the property to a developer and project that aligns with our vision for the Entertainment District, the City can ensure a space is created that resonates with the community’s aspirations, fostering economic growth and enhancing Lone Tree’s signature offerings.
How will a developer for the property be chosen?
City staff will oversee the selection process through a Request for Proposals (RFP). This will ensure the City has a wide variety of interested developers to choose from and can thoughtfully select a proposal that best meets the vision laid out for the Entertainment District.
What is the timeline for the redevelopment of this property?
A timeline is currently being created by City staff and will be shared with the Lone Tree community. The City is committed to keeping residents informed every step of the way throughout the process and will communicate any updates through our website, social media, newsletters and other communications channels.
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