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Department Store AnchorsNational ChainsMid-Market FashionHome & LifestyleElectronics & Tech

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Ultra-Luxury PositioningBudget BrandsSmall Format Retail

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FlatIron Crossing, situated in Broomfield, Colorado, along the US 36 corridor, is a 1.39 million sq ft open-air regional center owned by Macerich. It draws from a 1.2 million person trade area with $145,000 average household income, positioning it as a key retail hub in the affluent northern Denver suburbs. The tenant mix features anchors DICK's Sporting Goods, Dillard's, and Macy's, alongside 150+ specialty stores emphasizing fashion (H&M, lululemon, Gap), home (Crate & Barrel), and electronics (Apple).

Dining includes P.F. Chang's and quick-service options, while AMC Theatres and LEGO provide entertainment. Occupancy stands at approximately 92% per Macerich's 2025 portfolio data. A $240 million redevelopment introduces the HiFi 25-acre mixed-use district with new retail, dining, residential, and events space, enhancing footfall and longevity. Leasing benefits include highway accessibility, strong demographics supporting $500+ sq ft sales, and redevelopment-driven traffic growth.

Challenges involve corridor occupancy at 83%, competition from Westminster centers, and base rents of $30-50 PSF plus CAM.

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Hours of Operation

Hours

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Monday10:00 AM — 08:00 PM
Tuesday10:00 AM — 08:00 PM
Wednesday10:00 AM — 08:00 PM
Thursday10:00 AM — 08:00 PM
Friday10:00 AM — 08:00 PM
Saturday10:00 AM — 08:00 PM
Sunday11:00 AM — 06:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

1 W FlatIron Crossing Dr, Broomfield, United States

Insights

Demographics and Accessibility

The trade area encompasses over 1.2 million residents within 20 miles, with median household income exceeding $145,000 and home values around $600,000, fostering high spending power for premium retail. Located off US 36, the center benefits from 100,000+ daily vehicles, ensuring robust accessibility, though peak-hour congestion on the corridor poses minor entry delays. Public transit via RTD buses connects to Denver and Boulder, broadening the catchment beyond local drive-time.

Tenant Mix and Occupancy

Diverse mix with 40% fashion/apparel, 20% dining, 15% entertainment/services, anchored by national chains driving co-tenancy value. Over 150 tenants, including recent additions like Crate & Barrel and lululemon, indicate active leasing. Occupancy at 92.6% (Q1 2025) reflects stability, but some categories like department stores face e-commerce pressure. Operational quality is high with modern open-air design and ongoing maintenance.

Competition and Market Risks

Faces competition from nearby Orchard Town Center (Westminster) and 20 Mile Crossing (Parker), both with similar mid-to-upscale mixes, potentially diluting footfall in saturated fashion segments. Regional threats include Cherry Creek and online giants like Amazon. Risks involve aging inline spaces pre-redevelopment and economic sensitivity in tech-heavy Boulder-Denver corridor. However, HiFi enhancements aim to differentiate via experiential retail and events.

Building Details

Property Type
Super Regional
Gross Leasable Area
111,483
Year Built
2000
Parking Spaces
6000
Average Monthly Footfall
833,333
Owner
Macerich
Anchor Tenants
Macy's, Dillard's, Dick's Sporting Goods

Detailed Market Analytics

Primary Catchment Area
200,000 Square Kilometers
Secondary Catchment Area
500,000 Square Kilometers
Catchment area population
750,000 People
Population growth rate
1.5 %
Median age
38.8 Years
Household size
2.6 Persons
Education level (tertiary)
52.0 %

Median household income
$121,025 USD
Unemployment rate
2.8 %
Cost of living index
102 Index

Retail spending per capita
$12,500 USD
Spending on apparel
$1,200 USD
Spending on groceries
$4,800 USD
Spending on electronics
$1,100 USD

Annual foot traffic
10,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
$550 USD

Number of retail stores
198 Stores
Anchor tenant presence
7 Anchors
Competitor density (same category)
Medium Density
Tenant diversity
High Diversity
Unique Concepts
Yes Presence

Gross Leasable Area
111,483 sqm
Number of Levels
2 Levels
Average rent per square meter
$300 USD
Vacancy rate
7.5 %
Lease term flexibility
Flexible Terms
Available retail space
465 sqm

Proximity to main roads
Direct Access
Public transport access
Good Access
Parking spaces
6,000 Spaces
Pedestrian traffic
High Traffic

E-commerce competition
High Competition
Click-and-collect adoption
Moderate Adoption
Internet penetration
95.0 %

Retail crime rate
Low Rate
Security measures
24/7 Coverage

Promotional events
Multiple Events
Loyalty program penetration
High Penetration
Digital signage presence
Yes Presence

Projected foot traffic growth
5.0 %
New tenant pipeline
20 Tenants
Mall expansion plans
HiFi District Plans
City Snapshot
Broomfield, CO

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Broomfield, CO

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