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BUSINESS & R EAL ESTATE | REDEVELOPMENT Generally bordered along Boulder Highway from Sunset Road at the north to Major Avenue at the south, the 4,500-acre • Cadence  2,200-acre master-planned community  At build-out, Cadence will have 13,250 residences and 450 acres for parks, walking and bike trails, and recreational amenities.  Construction is well underway on this development. The first commercial building is complete and construction has begun on residential units. • Cowabunga Bay  23-acre water park, featuring more than 30 water slides and attractions.  Opened in the summer of 2014 and employs over 400 part-time staff members. • Union Village  Owner Participation Agreement was adopted providing $80.2 million in tax increment reimbursements for the construction of an Integrated Health Village.  This project is anticipated to create over 17,000 direct, indirect and construction jobs in addition to millions in tax revenues for state and local governments. • Valley Health Systems  Owner Participation Agreement was adopted providing $33 million in tax increment reimbursements on a $150 million hospital project that will be an anchor for the Union Village development.  Expected completion is year-end 2016. 33 LAKEMOOR CANYON REDEVELOPMENT AREA


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