URA Period: 2004 - 2029
Developer Contact
Nor'Wood Development
Mr. Chris Jenkins
111 S. Tejon Street, Suite 222
Colorado Springs CO 80903
719 593-2600
chrisjenkins@nor-wood.com
www.Norwoodinteractive.com
Location: The City Auditorium Block Urban Renewal Area is located in the eastern portion of Downtown Colorado Springs. The site is generally bounded on the north by East Kiowa Street, on the west by North Nevada Avenue, on the south by East Pikes Pak Avenue, and on the east by West Weber Street.
Plan Goals: The purpose of the City Auditorium Block Urban Renewal Plan is to reduce, eliminate and prevent the spread of blight within the Urban Renewal Area and to stimulate growth and reinvestment within the district boundaries, on surrounding blocks and throughout downtown. A major goal of the Urban Renewal Authority is to contribute tax increments to be used to improve the City Auditorium.
The cornerstone of the stakeholder’s vision for revitalization of the area is creation of high quality mixed-use developments which vertically integrate a range of uses supported by strategic public improvement to facilities, parking, and infrastructure within and adjacent to the Plan boundaries. A combination of uses is proposed that will further promote redevelopment of the area as a mixed-use urban enclave in downtown and connect to neighborhoods to the east.
Current Status: A draft tax forecast and County Impact Report was prepared and presented to the CSURA Board on July 25, 2018. The report includes a summary of forecasted property and sales tax revenues as well as El Paso County fiscal and service impacts associated with development in accordance with the Urban Renewal Plan.
The proposed renovations of the City Auditorium that were slated to start in January 2024 have been put on hold.
Developer Contact
Nor'Wood Development
Mr. Chris Jenkins
111 S. Tejon Street, Suite 222
Colorado Springs CO 80903
719 593-2600
chrisjenkins@nor-wood.com
www.Norwoodinteractive.com
Location: The City Auditorium Block Urban Renewal Area is located in the eastern portion of Downtown Colorado Springs. The site is generally bounded on the north by East Kiowa Street, on the west by North Nevada Avenue, on the south by East Pikes Pak Avenue, and on the east by West Weber Street.
Plan Goals: The purpose of the City Auditorium Block Urban Renewal Plan is to reduce, eliminate and prevent the spread of blight within the Urban Renewal Area and to stimulate growth and reinvestment within the district boundaries, on surrounding blocks and throughout downtown. A major goal of the Urban Renewal Authority is to contribute tax increments to be used to improve the City Auditorium.
The cornerstone of the stakeholder’s vision for revitalization of the area is creation of high quality mixed-use developments which vertically integrate a range of uses supported by strategic public improvement to facilities, parking, and infrastructure within and adjacent to the Plan boundaries. A combination of uses is proposed that will further promote redevelopment of the area as a mixed-use urban enclave in downtown and connect to neighborhoods to the east.
Current Status: A draft tax forecast and County Impact Report was prepared and presented to the CSURA Board on July 25, 2018. The report includes a summary of forecasted property and sales tax revenues as well as El Paso County fiscal and service impacts associated with development in accordance with the Urban Renewal Plan.
The proposed renovations of the City Auditorium that were slated to start in January 2024 have been put on hold.
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Colorado Springs Urban Renewal Authority
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Phone: 719-385-5714
Mailing Address: PO Box 1575, MC 628 Colorado Springs CO 80901-1575 Street Address: 30 South Nevada Avenue Suite 604 Colorado Springs CO 80903 |
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