Tag: urban renewal authority
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Affordable senior housing project envisions apartments, new senior center in southeast Colorado Springs
Developers are seeking an urban renewal designation to assist with project funding An affordable senior housing project planned for southeast Colorado Springs moved a step closer last week to receiving urban renewal designation. Denver-based developer Arrowleaf Development LLC plans to build 157 affordable senior housing units and a senior center near the intersection of Zebulon Drive…
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Colorado Springs approves urban renewal plan for proposed 27-story building downtown
The Colorado Springs City Council approved three resolutions Tuesday connected to the urban renewal plan that is a key part of a proposed record-breaking 27-story apartment building in the city’s downtown. The urban renewal plan was brought to the council by the Colorado Springs Urban Renewal Authority and the developers for the OneVela building. The…
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Affordable housing project near downtown Colorado Springs earns urban renewal designation
The City Council on Tuesday declared a small portion of undeveloped land southeast of downtown Colorado Springs as blighted, a move that will help fund the construction of nearly 400 new affordable apartments in the Lowell neighborhood. The council voted 8-1, with Councilman Dave Donelson opposed, to establish the Bristow-Lowell urban renewal district, roughly 6…
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Extended-stay hotel planned for downtown Colorado Springs’ trendy New South End
A seven-story, 181-room extended stay hotel to be built by arguably Colorado Springs’ biggest real estate developer, in partnership with a Denver company that owns and operates dozens of hotels and entertainment concepts nationwide, would be the centerpiece of a new, $100 million-plus development project in downtown’s trendy New South End. Norwood Development Group of…