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Colorado Springs Urban Renewal Authority
  • HOME
  • ABOUT CSURA
    • Welcome
    • Board of Directors & Staff
    • Mission & Goals
    • Conflicts Of Interest
    • Definitions
    • By-Laws
    • Public Participation
    • Urban Renewal Authorities (URA's) in Colorado Municipalities
  • MEETINGS
    • 2023 Meeting Schedule
    • 2023 Meeting Agendas & Minutes
    • 2022 Meeting Agendas & Minutes
    • 2021 Meeting Agendas & Minutes
    • 2020 Meeting Agendas & Minutes
    • 2019 Meeting Agendas & Minutes
    • 2018 Meeting Agendas & Minutes
    • 2017 Meeting Agendas & Minutes
    • 2016 Meeting Agendas & Minutes
    • 2015 Meeting Agendas & Minutes
    • 2014-2010 Archived Agendas and Minutes
    • City For Champions RTA Board Agendas
  • ACTION ITEMS
    • CSURA Annual Budget
    • Public Hearing Notices
    • Impact Reports
    • Open Records Request
  • REDEVELOPMENT
    • Urban Renewal Process
    • Application Requirements
    • Public Art Goal
    • Affordable Housing Goal
  • PROJECTS
    • Project Locator Map
    • Project Status Report
    • City For Champions
    • C4C - William J Hybl Sports Medicine and Performance Center
    • C4C - Sports and Event Center
    • C4C - USAFA Visitor Center
    • C4C - US Olympic Museum
    • City Auditorium Block
    • CityGate
    • Gold Hill Mesa
    • Ivywild Neighborhood
    • Museum and Park URA
    • North Nevada Avenue
    • Panorama Heights/Almagre
    • Polaris Pointe/Copper Ridge
    • South Nevada Avenue
    • Southwest Downtown
    • Tejon and Costilla Urban Renewal Plan
    • True North Commons
    • Vineyard Property
  • WHY DO BUSINESS IN COLORADO SPRINGS
  • LINKS
  • CONTACT US
Colorado Springs Urban Renewal Authority

Museum & Park

Museum & Park Urban Renewal Area

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URA Period:  2018-2043

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

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Location:  The Museum & Park Urban Renewal Area is comprised of 81.7 acres in Downtown Colorado Springs.  The Area is irregular in shape.  The north side is bounded by Colorado Avenue and West Cucharras Street, the east side by Cascade Avenue and Sahwatch Street, the south side by Cimarron Street, and the west side by Interstate 25.  It excludes most of the Denver & Rio Grande Western Railyard right of way.

Plan Goals:  The main purpose of the Museum & Park Urban Renewal Plan is to eliminate the current conditions of blight in the Urban Renewal Area and prevent those conditions from reoccurring through redevelopment by private enterprise.  The Urban Renewal Area designation means bonds can be issued to finance road and utility work, sidewalk upgrades and other improvements.  The money is then repaid through tax increment financing for a term of 25 years.  The United States Olympic Museum serves as the cornerstone of the developer’s and community’s vision for the revitalization of the area.   
 
Current Status:  On December 11, 2018 City Council voted to approve an urban renewal designation for what used to be known as the Southwest Downtown URA.  The new Museum & Park Urban Renewal Area was removed from the existing area and is slightly smaller by about 100 acres. 
 
The U.S. Olympic Museum and Hall of Fame is under construction in the area and anticipated to open in 2020.  The developer envisions future apartments, restaurants and offices with aesthetically pleasing sidewalks and streets. The redevelopment of Vermijo Street features a wide, pedestrian and business-friendly format that will provide the opportunity to host festivals and plaza-type events.  Other features of the plan include ADA and bike-friendly accommodations on the pedestrian bridge connecting the downtown to America the Beautiful Park

Vision for the Museum & Park Urban Renewal Area
  • Extend the energy and mission of the US Olympic Museum into Downtown
  • New Urban Neighborhood Focused on Health, wellness and the Outdoors/Great Place to Live, Work, Stay and Play
  • Unique, Vibrant, Memorable and Functional Public Spaces
  • Connect the America the Beautiful Park to the Downtown and Downtown to the Park
  • Provide an economic-stimulating environment for significant downtown investment

Achievable Development Plan for the next 20 years
  • 5.2M SF of Mixed-Use Urban Development
  • 4,500 Residential Units
  • 750,000 SF of New Office Space
  • 150,000 SF of Retail/Restaurant Spaces
  • 500 Hotel Rooms
Estimated $2B of new development/4 phases

Phase 1 development begins in 2018

Documents For Download

Museum & Park Urban Renewal Plan 10-24-18
File Size: 537 kb
File Type: pdf
Download File

Resolution 03-18 Approving Museum & Park Urban Renewal Plan
File Size: 957 kb
File Type: pdf
Download File

Museum & Park Tax Forecast and Cir 9-28-18 final comb
File Size: 775 kb
File Type: pdf
Download File

Property Tax Increment Revenue Agreement Museum & Park - PPLD - 111418
File Size: 446 kb
File Type: pdf
Download File

Resolution 05-18 Approving Property Tax Increment Agreement - PPLD - 111418
File Size: 110 kb
File Type: pdf
Download File

Property Tax Increment Revenue Agreement Museum & Park School District 11 102518
File Size: 1065 kb
File Type: pdf
Download File

Resolution No. 06-18 Approving Property Tax Increment Revenue Agreement Museum & Park D11 11-14-18
File Size: 108 kb
File Type: pdf
Download File

Resolution No. 06-20 Approving Property Tax Increment Revenue Agreement Museum & Park SEWCD signed
File Size: 154 kb
File Type: pdf
Download File

Museum & Park Tax Increment Revenue Agreement El Paso Cnty 111418 Signed
File Size: 1309 kb
File Type: pdf
Download File

Resolution 07-18 Approving Museum & Park Tax Increment Revenue Agreement El Paso Cnty 111418
File Size: 103 kb
File Type: pdf
Download File

Museum & Park URA Intergovernmental Agreement CSURA DDA 121418
File Size: 389 kb
File Type: pdf
Download File

Agreement DDA Removal of Museum & Park From SWD - 121418
File Size: 263 kb
File Type: pdf
Download File

Agreement D11 Remove Museum & Park from SW Downtown 111418
File Size: 341 kb
File Type: pdf
Download File

Agreement El Paso Cnty Remove Museum & Park from SWDURP 111518
File Size: 317 kb
File Type: pdf
Download File

Agreement PPLD Remove Museum & Park from SW Downtown 111418
File Size: 261 kb
File Type: pdf
Download File

Resolution 161-18 City Council Approving Museum & Park Urban Renewal Plan 121118
File Size: 1857 kb
File Type: pdf
Download File

Resolution 162-18 City Council Approving Museum & Park Agreement Final 020620 Correct
File Size: 850 kb
File Type: pdf
Download File

Museum & Park Property Tax Increment Revenue Agreement SECWCD Jan2019
File Size: 1310 kb
File Type: pdf
Download File

Agreement Removal of Museum & Park SWD SEC Water Con Dist Jan2019
File Size: 331 kb
File Type: pdf
Download File

Resolution 01-20 Approving Property Tax Increment Museum Park Agreement
File Size: 1993 kb
File Type: pdf
Download File

Resolution 02-20 Approving Developmen Agreement Museum and Park
File Size: 2387 kb
File Type: pdf
Download File

Museum and Park Development Agreement swd_2020a__signed
File Size: 1376 kb
File Type: pdf
Download File

Resolution 03-20 Approving Cooperation Agreement Redevelop SW Downtown
File Size: 2321 kb
File Type: pdf
Download File

Resolution 06-20 PTF SECWCD Museum and Park signed 022620
File Size: 2622 kb
File Type: pdf
Download File

SWDT - Cooperation Agreement for Redevelopment - final signed
File Size: 4263 kb
File Type: pdf
Download File


Colorado Springs Urban Renewal Authority

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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