Sheridan, CO

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Sheridan, CO

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City Description

Sheridan is a first tier suburb of Denver with a population of approximately 6,000. The City is bisected by US 285 and Hwy 85 as well as Federal Boulevard. Sheridan is also accessible by RTD Light Rail. Housing costs have remained low due to the age of a majority of the housing stock. The City has recently passed an ordinance to allow retail marijuana and created a new mixed-use zoning district.

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Key Reasons for Investment

In 2015, voters approved a 31 million bond project to improve the public infrastructure in Sheridan. There will be new roads and sidewalks, enhanced public utilities and improved transportation routes through the city. These improvements coupled with the City's prime location on both US 285 and Highway 85 make it a prime location for regional businesses. Also, recent Census data indicates more workers in the City than jobs available. Additionally, almost the entire City of Sheridan is located in the South Metro Colorado Enterprise Zone. This allows businesses that invest in Sheridan to claim certain tax incentives for hiring new employees, renovating a building for a new business, or investing in research and development. Recent ordinances allowing retail marijuana facilities and creating a new mixed-use zoning district have created new development opportunities across the City.

Current and Future Development

In 2005, Sheridan began to erase the "city of landfills" image with the development of the River Point Shoppping Center which now boasts a Target, Costco, Sportsman Warehouse, Michaels, Starbucks, and Chick-fil-a just to name a few. The City desires to continue redevelopment south of Oxford along Highway 85/ Santa Fe. Also, last year in 2015, voters approved a 31 million bond project to improve the public infrastructure in Sheridan. There will be new roads and sidewalks, enhanced public utilities and improved transportation routes through the city. Recreationally, the City in partnership with the City of Englewood, Great Outdoors Colorado, Urban Drainage, and other local agencies constructed River Run Park-a water based park on the South Platte River. This will be a regional attraction serving not only the 10,000 plus people that live within a mile of the park, but also the South Denver Metro Area.

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