Three quotes to explain the importance of the Pena Station development

Pena Station is the crown jewel of transit-oriented development in a city that already cares a lot about the TOD concept.

If you’re unfamiliar with the new live-work concept, it’s a 400-acre project at the new 61st and Peña A Line stop that could become the first part of Denver’s aerotropolis.

But don’t take my word for it. Follow the jump to hear what officials said about the development on Thursday’s Rocky Mountain CitySummit.

Why it’s important to Panasonic:

“Most opportunities for us going forward are not going to be greenfield opportunities. It’s going to be converting existing communities and towns, but where best to really push the limits of what can be done in this great country of ours?”
— Jim Doyle, President of Panasonic Enterprise Solutions Company.

Why it’s important to the airport:

“I think this is really helping us to set us in the right spot to develop all 17,000 acres out there that we’ll never need for the airport operation itself. In some ways, this is the first step.”
— Kim Day, CEO of Denver International Airport

Why it’s important to the mayor:

“We have in Denver about $1.5 billion of deferred maintenance and crumbling infrastructure challenges that we’re going to be facing very soon. We’re going to have to find a solution to address those without overburdening the taxpayer. I don’t know how we do that and pursue other creative opportunities without engaging meaningful [public-private partnership] efforts.”
— Denver Mayor Michael Hancock