News Summary
Lone Tree, Colorado, is set to receive a new Truck Yard restaurant and live music venue on a 3.3-acre site. The City Council has approved the sale of the property, which is anticipated to become a vibrant community hub featuring dining, yard games, and free live music. Designed to cater to both families and older adults, Truck Yard promises to enhance the local entertainment scene. While the sale is contingent on inspections and approvals, the community eagerly awaits this exciting addition.
Lone Tree, Colorado – The Lone Tree City Council has given the green light for the sale of a long-vacant 3.3-acre property to Truck Yard, paving the way for a new restaurant and live music venue in the area. The decision, finalized on Tuesday, involves a purchase and sale agreement for $2.2 million, which is notably lower than the $3.85 million the city spent on the property in November 2023.
The property, located at 9070 Maximus Drive, near the bustling Interstate 25 and C-470 interchange, has stood empty for several years. The Lone Tree City Council views this transaction as a strategic move to revitalize the entertainment district, anticipating that the sales taxes from the development will help recover the city’s original investment more swiftly.
Truck Yard, a Dallas-based business owned by Jason Boso, will establish its fifth location at this site. Boso has diverse experience, having worked as an investment broker, spent time on a sailboat in the Virgin Islands, attended culinary school, and worked in the hotel industry. The new venue is expected to feature a vibrant indoor and outdoor gathering space, a bar, an accompanying restaurant, yard games, and provide live music daily, creating a pet-friendly atmosphere.
Community Impact
The establishment of Truck Yard is intended to attract a wide range of patrons, with existing locations known for their lively ambiance complemented by string lights and engaging live music. Research suggests that the existing customer demographic includes a mix of individuals, predominantly those over 55 years old and children under 10.
Lone Tree Mayor Marissa Harmon has expressed enthusiasm about the positive impact of Truck Yard on the city’s plans to enhance the entertainment district. The site will stand as a focal point for community engagement and leisure, aligning with the city’s vision for a welcoming atmosphere.
Next Steps for Development
While the agreement secures the property for Truck Yard, the sale hinges on several conditions, including the completion of mandatory inspections and the approval of a site improvement plan by the City Council. This process is anticipated to take approximately six months before the establishment can officially open its doors to the public.
With plans to provide a dynamic experience that features freely accessible live performances, Truck Yard aims to create a gathering place for residents of all ages. This new venue is set to be a significant addition to Lone Tree’s entertainment scene, supporting local economic growth while offering recreational options for the community.
Historical Context
The property’s sale represents a shift in strategy for the Lone Tree City Council, which had held onto the property for over three years without successful development. By attracting a well-known establishment like Truck Yard, the council aims not only to enhance local dining and entertainment choices but also to stimulate nearby businesses and boost overall city revenues.
In summary, the City Council’s approval of the sale to Truck Yard marks an important step toward revitalizing the area around the Interstate 25 and C-470 interchange. As the project unfolds, it is expected to bring a fresh and lively atmosphere to Lone Tree, fulfilling the community’s desire for quality entertainment venues.
Deeper Dive: News & Info About This Topic
- 9News: Lone Tree Restaurant and Music Venue
- KDVR: New Restaurant and Bar Approved in Lone Tree
- MSN: New Restaurant and Bar Development in Lone Tree
- Wikipedia: Lone Tree, Colorado
- Google Search: Lone Tree Restaurant Development
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