Three Springs Mercado Distric FAQ
If you are thinking of starting a new business or relocating your current offices, Three Springs Mercado District might be the right fit for you. Brand new office space, with varying square footage, and commercial pad sites, where you can build your own office, are currently available at Three Springs. We want to show you around the Three Springs neighborhood because we know your business would be a great fit at Three Springs.
Here, we’ve answered a few of the most frequently asked questions that business owners, just like yourself, have asked us. If you have any more, we’d be happy to answer those too. Just complete the Contact Us form.
Q. What is Three Springs?
A. Three Springs is a 680 acre master planned, mixed-use, Built Green® community, being developed by GRVP, LLC, a division of GF Development Group and a wholly-owned business of the Southern Ute Indian Tribe Growth Fund. Over the next twenty years, build-out of Three Springs will include 2,000+ homes and over 340,000 square feet of retail/commercial space, acres of preserved open space, an elementary and middle school, a Neighborhood Center, several neighborhood parks, and so much more.
Three Springs is founded on the principles of a Traditional Neighborhood Development (TND), the only of its type in Southwest Colorado. The neighborhood concept is a fundamental building block of development at Three Springs. Operating under a comprehensive Sustainable Development Program, growth at Three Springs is smart. Developers and builders have paid particular attention to the impact that the Three Springs development has on the community and have taken measures to reduce the impact on our environment. The Sustainable Development Program at Three Springs is designed to create a healthy, livable, and sustainable community with enhanced quality of life for present and future generations at Three Springs.
People are the foundation of the development of Three Springs. The neighborhood concept is fundamental to Three Springs and it encourages a diverse and interesting mix of uses.
Q. Where is Three Springs located?
A. Three Springs, annexed into the City of Durango, CO, is right in the center of La Plata County. All areas of the Four Corners easily access Three Springs via HWY’s 160 and 550. Durango La Plata County Airport is only miles away from Three Springs, making it easily accessed from hub cities- Denver via Frontier Airlines and United Express, and Phoenix via US Airways.
Q. How many people will live in Three Springs?
A. It is estimated that the Three Springs development will add 1/4 of the current population (15,501, 2005 census reports) of Durango to the community, approximately 3,000-5,000 people.
Q. What Businesses are Currently Located in Three Springs Mercado District?
A. In addition to the Three Springs Information Center, there are currently, three vibrant businesses on the street level - Alpine Bank, Anytime Fitness, Progressive Insurance. Digs Market Cafe, Professional Computer Solutions and State Farm Claims Office . Over 70% of commercial retail space in the first three commercial buildings is occupied. Click here to see additional businesses that are located at Three Springs.
Q. What types of businesses will succeed at Three Springs?
A. Three Springs is a mixed-use community. We are looking for a variety of businesses. Grocery stores/markets, physicians’ offices, retail shops, daycare centers, etc. We want our residents to have access to everyday activities and we want our businesses to thrive in a growing community, so we continue to seek a variety of tenants.
Q. What type of a market does Three Springs attract?
A. Because of the amazing quality of life offered at Three Springs, every type of person is attracted to Three Springs. Baby boomers, young families, grandparents, young professionals, highly educated individuals, you name it- Three Springs has it.
Q. What else is on the Three Springs site?
A. 60 Acres of land were donated to Mercy Regional Medical Center by Three Springs developers. Mercy Regional Medical Center, one of the largest employers in Southwest Colorado, is the area’s most comprehensive medical facility employing over 750 individuals. Along with the Medical Office Building complex- over 1,500 people visit Three Springs on a daily basis.
40 Acres of land were donated to the 9R School District. Three Springs will be the site of the newest Elementary and Middle School adding even more users to the Three Springs neighborhood.
To view the Three Springs Master Plan click here.
Q. How many people visit Three Springs everyday?
A. Between Mercy Regional Medical Center, the Medical Office Buildings, and the Mercado District tenants, it is our estimate that over 2,000 people access Three Springs on a daily basis.
Q. What are the ratios? Men to Women?
A. All employers at Three Springs are equal opportunity employers. We estimate 52% are male, and 48% are female.
Q. What are the demographics of La Plata County and what is its rate of growth?
A. With a growth rate of 13%, it is estimated that 54,837 people will live in La Plata County by 2010 (2000 Census) and an additional 7,000 people by 2015. The community is 51% male, 49% female. The Southern Ute Growth Fund is the largest employer in La Plata County, with Mercy Regional Medical Center- located at Three Springs- ranking second.
Q. How will my company or business benefit from being located at Three Springs?
A. There are so many reasons, but a few that we think are most important are: We’re located in the center of La Plata County; it’s easy for people to get to and from your business. Mercy Regional Medical Center is our neighbor. Over 1,500 people access Mercy on a daily basis. An additional 500+ people access the Mercado District in Three Springs on a daily basis.
Southern Ute Indian Tribe Growth Fund, the proud developer of this project, is 100% behind Three Springs. We aren’t going to just close our doors- SUITGF has invested in Three Springs and will invest in your companies success.
Three Springs holds community events, like outdoor movies and live concerts, that bring visitors to Three Springs and therefore to the Mercado District… to your business. Threespringsdurango.com, our comprehensive website, is utilizing the most current web technology to inform people around the world of Three Springs. In addition to having a presence on threespringsdurango.com, joint print advertising opportunities can be created.
Q. What type of relationship will my business have with Three Springs?
A. Three Springs wants your business to be successful- so we’re happy to help where we can. Obviously there are contractual agreements and policies that all parties must abide by. However, Three Springs can be as involved or uninvolved in your businesses progress here as you’d like. Our current tenants have told us that their Three Springs experience has been very productive and cooperative.
Q. Will there be an active nightlife at Three Springs?
A. People make up the Three Springs neighborhood, so it’s a priority that we keep their safety in mind while we create an active Three Springs lifestyle. Three Springs aspires to be a place where people can live, work, shop, and play. Great restaurants will open in Three Springs, coffee shops, recreation and community centers, retail shops, perhaps even a tavern. Offices hold business hours between 8am-5pm and Digs Market Café will extend hours beyond that. New retail shops will potentially be open later into the evening.
Q. My business is small, but looking to expand. Can Three Springs accommodate this growth?
A. Because we hold the same desire to grow, we understand your need for flexibility. We want to help you be successful at Three Springs. So, you have several options in square footage. We can discuss your options and see what fits your business the best.
Q. I’ve looked at several Office Complexes, but would have to remodel if I choose to move in. Would I have to remodel at Three Springs? What are my options?
A. You have several options at Three Springs, varied square footage, location, pad sites, etc.- but most importantly, you have the option to make your offices at Three Springs all your own. You can start from the ground up. But don’t worry; we’re here to help you when you need it. In fact, Tierra Group, LLC is our premier contracting company and they can assist with the build out of your office, its interior floor plan design and more.
It’s also important to know that all construction at Three Springs meets or exceeds Built Green Colorado® Standards-it’s part of our Sustainable Development Program. It’s just one reason why being a business partner at Three Springs is a smart investment for your business. Built Green® means being environmentally and energy efficient, which saves your business money- that’s good for your bottom line. And it makes for a healthy work place, which means happier employees and an increased retention rate- making your business that much more successful
Q. I’m really interested in Three Springs, how do I inquire about Commercial Real Estate or Pad Sites that are available at Three Springs?
A. Click here to complete a contact form and we’ll get you information you requested. Or give Greg Spitler a call; he is the Commercial Sales and Leasing Representative for Three Springs.
Greg Spitler, Commercial Sales and Leasing, 970-764-6451
Three Springs, 175 Mercado Street, Suite 240, Durango, CO
