development
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Colorado justices deal blow to urban renewal authorities’ revenue
The Colorado Supreme Court on Monday sided with an interpretation of state law that will result in more revenue going to local governments from urban renewal zones and less money for the entities overseeing redevelopment of those areas. In a case arising from Arapahoe County, the court addressed the division of property tax revenue from…
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El Paso County commissioners approve plans for 77 homes in Black Forest
El Paso County commissioners Tuesday approved a rezoning request and preliminary plans to build more than 70 homes in the south side of Black Forest as part of the Homestead North at Sterling Ranch development project, after neighbors shared concerns about density and increased traffic in the area. The newly approved land designation and preliminary…
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Proposed water rule that could limit annexations moves forward
A proposed water-supply rule that could block properties from annexing into the city of Colorado Springs took a step forward Monday, with staff recommending against an alternative proposed by a developer. The draft rule requires Utilities to have 130% of the water required to serve existing city demand and the proposed future demand of a…
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Denver International Airport gains new businesses, eyes area development
Denver International Airport officials added popular Denver restaurants to its lineup of 170 businesses in an effort to give travelers a taste of Denver. Meanwhile, Great Hall improvements continue as does the rollout of a program to spur development on airport land. From the recent opening popular VooDoo Doughnuts – known for its distinctive pink…
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‘Not about money’: Vail Resorts rejects $12 million offer for controversial plot of land
Vail Resorts rejected an offer from the Town of Vail to purchase a local 23.3-acre plot of land for $12,000,000, with Vail Resorts COO Bill Rock stating that their decision to keep the land “has never been about money.” The parcel involved has been a point of controversy for years, with Vail Resorts seeking to…
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Metro district bill dies in late-night committee hearing
A bill that at first prevented, then allowed, then again prevented metro district developers from owning their own public financing died in a state Senate committee not long after the clock passed midnight Friday and bleary-eyed lawmakers trying to make sense of it all decided to put it to sleep. House Bill 1363 roller-coastered its…
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Study: Colorado slips in competitiveness
A report released Monday by the Metro Denver Economic Development Corporation showed Colorado slipping behind other states in some key economic metrics. The report from the Metro Denver EDC, an arm of the Denver Metro Chamber of Commerce, showcased annual rankings of Colorado’s business competitiveness nationally as well as how the state compares to nine key…
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Urban Land Conservancy buys former Johnson Wales campus
In a complicated real estate transaction that will ensure the corner of Montview Boulevard and Quebec Street near South Park Hill stays campus-like, the Urban Land Conservancy finalized its purchase of the former Johnson & Wales University campus. The 13 buildings on the 25-acre campus will have three different owners: the non-profit conservancy, Denver Public…
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Denver City Council requires large developers to provide more open space, earlier public input
Developers of projects of five acres or more will have to involve the public earlier in the planning process and provide up to 10% of publicly accessible open space under a new procedure adopted by the Denver City Council on Monday. The council voted 11-0 to change the way in which large scale developments are…
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Denver City Council approves 320-unit Sloan’s Lake project that includes affordable housing
A new 320-unit housing development is set to rise in the Sloan’s Lake neighborhood after the Denver City Council this week approved a re-zoning plan for the project. The council voted 10-1 in favor of the project following a lengthy hearing on Monday night. Councilman Wayne New cast the lone dissenting vote. The decision required…