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JMA Ventures said it welcomes the challenge. Site construction began following the closing of the property and issuance of the loan in partnership with the project’s general contractor, RA Nelson of Avon, and project architect Worthgroup Architects and Designers of Denver.Īs the site exists within both Traer Creek’s Village at Avon and the town of Avon itself, continued collaboration will be required in seeing the Marriott project become a success. JMA Ventures acquired the site from Traer Creek, which will remain involved as an investor.
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And today, in partnership with JMA, we are bringing a quality brand that provides more affordable options for lodging.” The Piedmont has brought desperately needed supply for housing. “Early on, we ensured Walmart stayed in Avon, and brought Home Depot to provide for cheaper building materials, with both tenants lowering the cost of living in the valley. “That vision includes bringing value and quality to the area,” Lindholm said. The Marriott’s ability to provide more affordable options for lodging at Traer Creek’s location along exit 168 appealed to the Lindholm family in working with JMA Ventures, Marcus Lindholm said, saying it furthers the family’s vision for the land that they own in the Traer Creek area. A water tank failure in the years that followed resulted in another lawsuit. More residential development is also planned for the area, which began to see projects break ground about two decades ago with the Traer Creek shopping complex, the Walmart and Home Depot buildings, and the Buffalo Ridge apartments.īut development stalled on the remaining tracts of land following those initial projects, as numerous setbacks occurred including a lawsuit with the town of Avon which resulted in new fees at Walmart and other Traer Creek businesses.
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The road running north of Interstate 70 at exit 168 in Avon has been named Wagon Trail Road, and a long-planned hotel development is finally under construction in the area.Ī Marriott hotel site will be the next in a series of developments in the East Avon area known as Traer Creek, following the completion of the 240-unit Piedmont Apartments in 2021. The site, long-zone commercial, has remained undeveloped while the land owners looked for the right project.
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Development is underway on a piece of commercial property located at Interstate 70 exit 168 in east Avon.