Lowe’s Nine Mile Set to Open on June 3, 2022
The new Lowe’s at Nine Mile, a 45-acre mixed-use development public-private partnership, will open to the public on June 3 after a private “board-cutting ceremony” at 9 a.m. Lowe’s and King Soopers will anchor this new, mixed-used complex that also includes eight other commercial properties and 290 apartment units.
The Nine Mile Development supports both the Town of Erie and the City of Lafayette under an Intergovernmental Agreement that was finalized on May 10 at the Erie Board of Trustees meeting. Erie annexed a portion of land in Lafayette for commercial development. Under the agreement, both communities will develop commercial and residential properties and share sales tax revenue generated at the complex as well as sales tax generated from new construction on the Lafayette parcel located on the west side of US 287.
“The development of this corner will bring existing and future residential areas together and provide an exciting new commercial center,” said Julian Jacquin, Economic Development Director for the Town of Erie. “Additionally, because of the IGA that the town communities were able to establish, we will not only have new retail available but also a new revenue stream for Erie.” Other planned businesses are medical offices, Taco Bell and several other small businesses which will open over the next couple of years.
Erie Board of Trustee members and Town leadership will be on-hand at the “board cutting” and available afterward. Lowe’s is located at 2910 Arapahoe Road, south of the Arapahoe Ridge Marketplace.