urban renewal
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Colorado justices deal blow to urban renewal authorities’ revenue
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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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Colorado’s urban renewal law under scrutiny by state Supreme Court
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For years, Colorado’s urban renewal law has enabled local governments to spur redevelopment of areas deemed blighted, with downtown Golden, Denver’s Central Park neighborhood, and the Anschutz Medical Campus in Aurora among the projects completed under the state’s framework. On Tuesday, the state Supreme Court examined a key tool that urban renewal authorities use to…
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State Supreme Court agrees to hear Fourth Amendment, urban renewal cases
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The Colorado Supreme Court agreed this month to hear two appeals, one implicating the Fourth Amendment’s protection against warrantless searches and the other encompassing a key financing system for local redevelopment. On Monday, the justices accepted the appeal of Adrienne Marie Stone, who a Jefferson County jury convicted of menacing and child abuse in 2019.…
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Rising mortgages keeping metro Denver apartment vacancy rates low
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Fast-rising mortgage rates might be denting the record home prices that Denver sellers enjoyed last spring, but they’re only serving to reinforce the low-vacancy apartment market, according to developers and recent rental data. “You’ve seen some (home) prices start to decline as new homes and resales are taking longer to sell, but that’s actually helping…
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Q&A with Marc Williams | Arvada’s mayor wants statewide transportation solution
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No one has to tell Denver-area mayors there’s a traffic problem in the booming and sprawling metroplex. Over at the State Capitol, it may still be a partisan issue – “their transportation plan” vs. “ours” – but for Colorado’s nonpartisan mayors, politics takes a back seat to the need for a viable, lasting solution. Just…
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Q&A with Wynne Palermo: She’s got the cure for what ails a blighted neighborhood
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Developers are great at looking over the horizon, envisioning what’s next for a community and then building it. But how do you draw those same dynamic economic forces back to parts of the community that have seen better days and could use a turnaround before they hit bottom? That’s where an agency like the Colorado…
