The suspicious item around Pearl Street Mall found not to be a threat. 

Updated 8:45 a.m. (MT): Pearl Street Mall area was thoroughly investigated by Boulder police, firefighters, Boulder County Sherrif's office, as well as the FBI and cleared the area by 1:30 p.m. on Thursday, April 8. Officers found "approximately three suspicious items that we checked and cleared that were not dangerous, were not explosive devices," according to Boulder police spokeswoman Dionne Waugh

Updated 1:10 p.m. (MT): The suspicious item was cleared and not dangerous. 

KDVR reports police are still checking the area and will issue an announcement when they have more information.  

Just prior to this announcement, earlier today, The Boulder police tweeted out a Mandatory Shelter In Place Order at 11:07 a.m., urging all to "take protective actions" immediately after they received a bomb threat. 

According to the Denver Post, police have evacuated Pearl Street and ordered nearby businesses to shelter in place. The roads leading into downtown Boulder are closed and the bomb squad has been deployed to the scene to investigate "at least one suspicious package."

*This story will be updated as new information is received.