Tag: colorado springs urban renewal authority
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City Council approves downtown urban renewal district over concerns of Mill Street neighbors
The Colorado Springs City Council approved a new urban renewal district at the south end of downtown Tuesday, without the delay or community investment some neighbors had sought. The urban renewal district sits at the intersection of Moreno and Cascade avenues. Norwood Development Group and the Sage Hospitality Group plan to build the seven-story boutique…
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Mill Street residents push for protections from hotel, urban renewal
Mary Sprunger-Froese was driven out of the Lowell neighborhood near downtown Colorado Springs when it was redeveloped through an urban renewal plan in the late 1990s. She is now fighting to make sure history doesn’t repeat itself in the Mill Street neighborhood. The Colorado Springs City Council is expected to vote Tuesday on an urban…
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Proposed Union Printers Home makeover clears key step toward urban renewal designation
Developers who proposed the momentous overhaul of Colorado Springs’ historic Union Printers Home cleared a key step toward earning urban renewal designation for the property on Wednesday. At its regular monthly meeting, the city’s Urban Renewal Authority accepted a conditions study of the roughly 26-acre property, conducted last April, that determined it is blighted. Wednesday’s…
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2 urban renewal projects take aim at ‘attainable housing’ in Colorado Springs
The Colorado Springs Urban Renewal Authority has two new urban renewal projects moving forward that would build ‘attainable housing’ in different areas of Colorado Springs. One of the urban renewal plans would support a 120-unit apartment complex on North Weber Street, while the other would cover a new hotel and a small number of housing…
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Affordable housing south of downtown to receive $12.8 million from Proposition 123
A planned affordable apartment building at the south end of downtown Colorado Springs was one of the major recipients of the state’s affordable housing funds awarded last week. The Office of Economic Development and Trade announced that the Bristow House development will receive $12.8 million in funds through Proposition 123, which voters approved in 2022…
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Olympic museum struggles to meet projected attendance, grapples with falling revenues 5 years on
Facebook Twitter WhatsApp SMS Email Print Copy article link Save As officials at the U.S. Olympic & Paralympic Museum in downtown Colorado Springs prepare for the gleaming facility’s fifth anniversary on Wednesday, they grapple with attendance figures that haven’t nearly measured up to original projections and revenues that have fallen year-over-year. Officials said they’re working…
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D-11 to vote on downtown Colorado Springs revitalization projects
The School District 11 Board of Education is mulling an agreement with the Colorado Springs Urban Renewal Authority to help finance two separate development projects within the district. One would create workforce housing in the Lowell neighborhood east of Nevada Avenue and south of East Fountain Boulevard, while the other would look to help finance…
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El Paso County approves tax break for affordable housing project in southeast Colorado Springs
Facebook Twitter WhatsApp SMS Email Print Copy article link Save El Paso County commissioners on Tuesday approved a 25-year tax incentive agreement with the Colorado Springs Urban Renewal Authority to build a new housing development on the city’s southeast side, an area where county leaders said they have long sought to reduce blight and provide…
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El Paso County approves tax break for affordable housing project in southeast Colorado Springs
El Paso County commissioners on Tuesday approved a 25-year tax incentive agreement with the Colorado Springs Urban Renewal Authority to build a new housing development on the city’s southeast side, an area where county leaders said they have long sought to reduce blight and provide more affordable housing. Cohen-Esrey Development Group expects to begin constructing…