Aurora

AURORA REAL ESTATE

About Aurora

Aurora was once a budding frontier town of farmers and ranchers. It was founded in 1891 and was originally named Fletcher by its founder, former Chicago resident Donald Fletcher. In 1907, the town's name was changed to Aurora.

In 1921, the U.S. government selected Aurora as the site for Fitzsimons Army Hospital. When the Colorado Secretary of State recognized Aurora in 1929, most of its 2,000 residents were living just south of Colfax Avenue in an area now called Original downtown.

Original Aurora was the city's hub of activity in the 1920s when the Fitzsimons army hospital and military base opened. It continued to grow and prosper as the city's center of activity until the early 1970s. As Aurora real estate expanded to the south and east, I-70 opened and major retail businesses moved to new indoor malls, the area began to decline. The 1980s brought a period of economic downturn and by the 1990s, the area had changed. It declined further with the closing of Lowry Air Force Base, Fitzsimons and Stapleton International Airport in the 1990s.

To improve the area, redevelopment strategies were implemented. Medians, parking access and streetscapes were improved, commercial and residential properties were renovated, and Aurora real estate began to flourish. Now, Original Downtown is the center of the arts district in Aurora. The new Martin Luther King, Jr. Library and Municipal Service Center, the Aurora Fox Arts Center and Fletcher Plaza are important landmarks in Original Downtown.

In 1995, the U.S. Government announced the closure of Fitzsimons Army Hospital. Since then, the 578 acre site has been in the process of a $4.3 billion renovation and transformation. The University of Colorado Health Sciences Center and the University of Colorado Hospital are relocating there. In addition, the Colorado Bioscience Park Aurora, modeled after successful east coast research parks, provides opportunities, equipment, facilities and resources for early stage and startup research-oriented biotechnology, drug development and medical device companies. The Children's Hospital has relocated to Fitzsimons from downtown Denver.

Aurora Today

Aurora has seven golf courses of varying lengths and skill levels. Aurora's open space and natural areas include a nature center, historic sites, stream corridors, wetlands, a plains preserve, and wildlife habitat. There is also the Aurora Symphony Orchestra, formed in 1978, which performs renditions of the classical masters at area venues.

With massive redevelopment projects taking place at Lowry, Fitzsimons and Stapleton, Original Aurora is now the center of an "opportunity triangle" for redevelopment and new markets.

Aurora Homes Information

The median household income is $57,911, and the average household size 3.0. 63.89% owner-occupied housing units.65.2% of households are family households. Compared to residents of the state as a whole, Parker residents are 75% more likely to be married and have a higher percentage of residents with some college (82.4%). The average price of an Aurora home is $200,179. The average price gain for you Aurora home—for a typical 3-5 year period—is 4.74%.

Housing Choices
Tree-lined streets, open prairie, majestic views of the mountains and ample neighborhood parks make Aurora neighborhoods the ideal place to call home. Over 450 neighborhoods complete the fabric of the community

A range of housing options and planned communities located in proximity to major employment centers, provide an enjoyable living environment.

More Information on Aurora