Tag: la plata communities
-
Colorado Springs investment and development heavyweights form new real estate company
A Colorado Springs private equity firm and one of the city’s oldest and highest-profile developers are partnering on the creation of a new real estate company they say will bring a vibrant mix of land uses to the community and possibly beyond. The O’Neil Group and La Plata Communities announced this week they’ve formed ONE…
-
Colorado Springs approves annexation for 6,500-home development over emergency safety concerns
Editor’s note: The Karman Line annexation request will go to the City Council for a required second vote at a later date. Craig Dossey, who presented Karman Line on behalf of developers, is the president of Vertex Consulting Services and former El Paso County planning director. The Colorado Springs City Council voted late Tuesday night to accept the…
-
Colorado Springs annexation for 6,500-home subdivision narrowly passes
The Colorado Springs Planning Commission narrowly advanced the annexation and zoning plans for a roughly 1,900-acre development southeast of the city limits. The commission voted 4-3 Wednesday evening to recommend a series of annexations for the Karman Line development. The annexation will head to the City Council early next year for a final vote. The…
-
Amara developers ‘very surprised’ after Colorado Springs pulls plug
Developer La Plata Communities is reassessing the future of thousands of acres it owns outside of Colorado Springs limits, land the City Council last week ultimately decided — after years of planning efforts — it would not allow to annex into the city. There’s no concrete Plan B right now, La Plata Communities President and Chief…
-
Amara annexation: City Council girds for possible final vote amid intense debate
Impassioned debate continues over the projected impact of the Amara annexation on municipal utility ratepayers, as Colorado Springs City Council’s second and possibly final vote on the massive development approaches Tuesday. Two councilwomen opposed to Amara said they are concerned that ratepayers, particularly larger commercial and industrial users, may not have initially realized they are…
-
Contrasting opinions fly as Amara development approved by Colorado Springs City Council
Three years after La Plata Communities proposed the sprawling Amara development to be built on thousands of acres of land on its way to being annexed into Colorado Springs, developers on Wednesday celebrated the City Council’s decision to welcome the master planned community into city boundaries. “It’s got us all charged up and excited about…
-
Amara annexation: Who on City Council voted yes, who voted no?
Colorado Springs City Council on Tuesday night approved the proposed Amara development, granting local developer La Plata Communities’ request by a narrow vote to annex about 5 additional square miles south and east of the city’s current borders. The annexation paves the way for developers to create a new master-planned community of up to 9,500…
-
Massive Amara annexation by Colorado Springs narrowly approved
Colorado Springs will grow by another approximately 3,200 acres. After hearing more than seven hours of presentation and public discussion, a split Colorado Springs City Council on Tuesday night ultimately embraced the proposed Amara development, approving local developer La Plata Communities’ request to annex about 5 additional square miles south and east of the city’s…
-
City Council expected to vote Tuesday on massive annexation request
Years after it was first presented to Colorado Springs, the City Council on Tuesday is expected to vote on a massive annexation request that envisions growing city boundaries by 3,200 acres. La Plata Communities, one of the Pikes Peak region’s largest real estate development companies, will ask the council to annex the land southeast of…
-
Colorado Springs Utilities official, developers clash over Amara’s impact
Colorado Springs Utilities and the developers of a proposed new housing project seeking city annexation, Amara, are sharply at odds over the impact the massive planned neighborhood could have on the city’s ability to fund and operate its utility services. Developer La Plata Communities is asking City Council to annex 3,200 acres south and east…