{"id": "n-eb457a47be", "slug": "centennial-festival-shopping-center", "type": "strip", "name": "Festival Shopping Center", "aka": [], "city": "Centennial", "county": "Arapahoe County", "state": "CO", "country": "US", "census_division": 8, "lat": 39.57916, "lon": -104.87692, "geocode_method": "nominatim-city", "address": null, "metro": null, "original_use": "retail", "year_opened": null, "year_closed": null, "acres": null, "gla_sqft": null, "stores_peak": null, "levels": null, "original_developer": null, "original_architect": null, "before_notes": "Draft from nakeddenver.com, model-extracted, unreviewed: The long-vacant Festival Shopping Center in Centennial is being redeveloped into a 114-unit build-to-rent townhome community.", "strategy": ["redevelop"], "new_use": ["housing"], "share_retrofit": null, "status": "approved", "year_retrofit": null, "developer": null, "architect": null, "after_notes": null, "narrative": null, "narrative_license": null, "narrative_source": null, "zoning_change": null, "public_subsidy": null, "entitlement_year": null, "planning_notes": null, "wikidata_qid": null, "wikipedia": null, "osm_id": null, "verified": "draft", "verified_by": null, "last_verified": null, "last_updated": "2026-10-18", "created": "2026-10-18", "contributor_name": null, "contributor_org": null, "contributor_link": null, "international": 0, "county_fips": "08005", "opp_score": 10.0, "opp_reasons": ["already in play: under construction, approved, or sold to a developer with housing plans", "median rent $1,812", "housing in the record"], "for_sale": 0, "distressed": 0, "url": "https://retrofitatlas.org/strips/co/centennial-festival-shopping-center/", "events": [], "sources": [{"id": 8024, "site_id": "n-eb457a47be", "url": "https://www.nakeddenver.com/post/transforming-festival-shopping-center-into-new-townhomes-in-centennial", "title": "Transforming Festival Shopping Center into New Townhomes in Centennial", "publisher": "nakeddenver.com", "date": null, "quote": null, "kind": "news", "license": null, "retrieved": "2026-10-18"}], "deals": [], "parties": [], "parcels": [], "context": {"assessment": {"what_happened": "Festival Shopping Center (Centennial, CO) is approved for redevelopment to housing, with strategy \"redevelop\" and new use \"housing\". Status: approved. Key context: already in play (under construction/approved/sold), median rent $1,812, housing in record. Nearby: Beau Monde Mall (3.8km, approved), SouthGlenn Mall (7.5km, built). Housing market: ZHVI $499,630 (2026-09, -2.1% YoY), ZORI $1,798 (2026-09, -0.8% YoY). Permits: 2024 construction activity in Arapahoe County (2,362 units 1-bed, etc.). Traffic: I-25 (10 lanes, 224k ADT). Unknown: construction start date, specific housing type, current tenant mix.", "why": "Record confirms approved status, market data, and cluster context. No external knowledge added. Unknowns explicitly noted.", "where_it_stands": "Approved redevelopment to housing, active in market context with nearby projects and permit data.", "for_a_planner": ["Approved redevelopment status", "Nearby projects (Beau Monde, SouthGlenn)", "Housing market indicators (ZHVI, rent)"], "for_a_developer": ["Active permit activity (2024 units)", "Market data (ZHVI, ZORI)", "Cluster context (4 projects within 10km)"], "risks_and_unknowns": ["Construction start date unknown", "No current tenant data", "Verified status: draft (not confirmed)"], "data_quality": "thin", "one_line": "Approved housing redevelopment in Centennial, CO, with active permits, market data, and nearby projects. Unknown: construction timeline and current retail status.", "model": "qwen3-30b-a3b-64k:latest", "machine": "Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b)", "record_sha1": "5c4505114647"}, "cluster": {"within_10km": [{"id": "n-44f23518e8", "name": "6901 S. Havana St.", "city": "Centennial", "status": "proposed", "km": 1.6}, {"id": "m-4ce0efef25", "name": "Beau Monde Mall", "city": "Greenwood Village", "status": "approved", "km": 3.8}, {"id": "m-d993699a33", "name": "SouthGlenn Mall", "city": "Centennial", "status": "built", "km": 7.5}, {"id": "m-ac337791b4", "name": "Tamarac Square", "city": "Denver", "status": "operating", "km": 8.6}], "count_10km": 4, "count_25km": 23}, "elevation": {"elevation_ft": 5847.6, "resolution": 1, "source": "USGS EPQS (3DEP)", "retrieved": "2026-10-20"}, "food_access": {"tract10": "08005006709", "urban": 1, "lila_1_10": 0, "low_access_1mi": 1, "lapop1share": 62.509060449981604, "poverty_rate": 0.839214190349037, "median_family_income": 136250.0, "snap_households": 38.0, "pop2010": 4882.0, "source": "USDA ERS Food Access Research Atlas 2019 (ArcGIS copy)", "retrieved": "2026-10-20"}, "housing_market": {"zhvi": {"latest": 499630, "month": "2026-09", "change_1y": -0.021, "change_5y": 0.03}, "zori": {"latest": 1798, "month": "2026-09", "change_1y": -0.008, "change_5y": 0.068}, "county_fips": "08005", "source": "Zillow Research (ZHVI, ZORI)"}, "jobs_lodes": {"tract20": "08005006709", "jobs": 13173, "retail_jobs": 1022, "food_accommodation_jobs": 658, "year": 2022, "source": "Census LEHD LODES8 WAC 2022 (all jobs, primary and secondary), blocks summed to the 2020 tract", "retrieved": "2026-10-20"}, "listings": {"zip": "80112", "month": "202609", "median_listing_price": 547450, "median_listing_price_yy": -0.0345, "active_listing_count": 149, "median_days_on_market": 59, "price_reduced_share": 0.3104, "pending_ratio": 0.2181, "source": "Realtor.com Research, inventory core metrics by ZIP (ZCTA at the site point)", "retrieved": "2026-10-20"}, "opportunity": {"tract10": "08005006709", "kfr_p25": 0.5499, "jail_p25": 0.0012, "kids_count": 129.1099, "commuting_zone": "Denver", "vintage": "children born 1978-83, outcomes measured 2014-15", "source": "Opportunity Insights, Opportunity Atlas (Chetty, Friedman, Hendren, Jones, Porter 2018)", "retrieved": "2026-10-20"}, "peers": {"peers": [{"id": "m-4ce0efef25", "name": "Beau Monde Mall", "city": "Greenwood Village", "state": "CO", "score": 6.0, "why": ["same strategy: redevelop", "also in CO", "4 km away"]}, {"id": "m-fe8ce81673", "name": "Villa Italia Mall", "city": "Lakewood", "state": "CO", "score": 5.5, "why": ["same strategy: redevelop", "also in CO", "22 km away"]}, {"id": "m-d993699a33", "name": "SouthGlenn Mall", "city": "Centennial", "state": "CO", "score": 5.5, "why": ["same strategy: redevelop", "also in CO", "8 km away"]}, {"id": "m-5f44df2309", "name": "Cinderella Mall", "city": "Englewood", "state": "CO", "score": 5.5, "why": ["same strategy: redevelop", "also in CO", "13 km away"]}, {"id": "m-685f3c2586", "name": "Buckingham Mall", "city": "Aurora", "state": "CO", "score": 5.5, "why": ["same strategy: redevelop", "also in CO", "13 km away"]}, {"id": "n-479a6e1a5e", "name": "Thornton Shopping Center", "city": "Thornton", "state": "CO", "score": 5.5, "why": ["same strategy: redevelop", "also in CO", "32 km away"]}], "method": "size, era, strategy, status, type, state, distance"}, "permits": {"county": "Arapahoe County", "2024": {"units_1": 2362, "units_2_4": 45, "units_5plus": 1449, "value_total": 835586807}, "2023": {"units_1": 2293, "units_2_4": 16, "units_5plus": 3170, "value_total": 1212592396}, "retrieved": "2026-10-18"}, "qcew_retail": {"county": "08005", "year": 2025, "establishments": 1708, "employment": 31124, "avg_annual_pay": 50118, "lq_employment": 0.92, "employment_change_1y": -3.1, "source": "BLS QCEW 2025 annual, county, NAICS 44-45 retail trade, private", "retrieved": "2026-10-20"}, "retail_trend": {"2012": {"estab": 1867, "emp": 30953}, "2023": {"estab": 1832, "emp": 33241}, "estab_change": -0.019, "emp_change": 0.074, "county_fips": "08005"}, "schools": {"district": "Cherry Creek School District 5", "district_geoid": "0802910", "grades": "PK-12", "district_vintage": "SY2024-25", "public_schools_1mi": 1, "schools": ["Willow Creek Elementary School"], "schools_vintage": "SY2023-24", "source": "NCES EDGE", "retrieved": "2026-10-20"}, "storms": {"county": "08005", "years": "2016-2025", "events": 231, "by_type": {"Hail": 158, "Thunderstorm Wind": 53, "Tornado": 11, "Flash Flood": 4, "Flood": 3, "Lightning": 1, "Heavy Rain": 1}, "property_damage_usd": 277316000, "deaths_direct": 2, "injuries_direct": 1, "note": "county-typed events only; events logged to forecast zones (CZ_TYPE Z: most winter, heat, flood and coastal events) are not counted", "source": "NOAA NCEI Storm Events Database, details files", "retrieved": "2026-10-20"}, "traffic": {"max_aadt": 224000, "trucks_aadt": 13400, "road": "I-25", "class": "Interstate", "lanes": 10, "segments_600m": 33, "year": "2024", "source": "FHWA HPMS", "retrieved": "2026-10-20"}}, "elements": [{"slug": "place-mall-cluster", "name": "3+ other atlas sites within 10 km", "group_": "place", "evidence": "4 within 10 km", "origin": "computed"}, {"slug": "strategy-redevelop", "name": "Redeveloped", "group_": "strategy", "evidence": "", "origin": "record"}, {"slug": "use-housing", "name": "Housing", "group_": "use", "evidence": "new_use field", "origin": "record"}, {"slug": "place-high-traffic", "name": "30,000+ vehicles a day on an adjacent road", "group_": "place", "evidence": "224,000 on I-25", "origin": "fhwa-hpms"}, {"slug": "place-freeway-frontage", "name": "Interstate or freeway within 600 m", "group_": "place", "evidence": "I-25", "origin": "fhwa-hpms"}, {"slug": "status-pipeline", "name": "Retrofit in the pipeline", "group_": "finance", "evidence": "approved", "origin": "record"}], "details": {}, "photos": [], "provenance": {}, "restricted_fields": {"parcels": ["owner_addr", "assessed", "taxable", "tax_amount", "sale_price", "deed_ref"], "deals": ["price", "price_per_acre", "price_per_sqft", "loan_amount", "asking_price"], "how": "free API key: POST /api/v1/keys {\"email\": …}"}}