PRESS ROOM

Alberta Development Partners Breaks Ground on Northlands in Broomfield

Greenwood Village, CO – February 7, 2006 – Alberta Development Partners, LLC, has broken ground on Northlands. Located in Broomfield at the intersection of Interstate 25 and Highway 7 and slated to open its first phase in the summer of 2007, Northlands will be a Colorado village-inspired regional retail destination.

“The Denver-metro area continues to grow and northern Broomfield is no exception,” said Don Provost, principal, Alberta Development Partners, LLC. “We believe that Northlands will be a community center for a region that is booming.”

Alberta Development Partners, along with the talents of Callison Architects and Communication Arts, has set out to create an engaging environment where people can connect with friends and family to shop and dine. Upon the project’s completion, Northlands will be home to 1.1 million square feet of retail space.

The first part of construction at Northlands will include the relocation of the Bull Canal, which is used for agricultural irrigation. Kelly Trucking is handling the over-lot grading process. An official groundbreaking event will take place in the spring.

About Alberta Development Partners, LLC
Alberta Development Partners, LLC is engaged in the acquisition, development and investment of retail real estate throughout the Front Range of Colorado, focusing on regional retail shopping centers and mixed-use commercial projects. The company has completed in excess of 220 projects with more than 4 million square feet of retail space with a completed value of $1.5 billion. Alberta’s experience encompasses projects for office, retail and residential communities.