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URA Period: 2021 - 2046
Developer Contact: Cohen Esrey Development Group 8500 Shawnee Mission Pkwy., Ste. 150 Marriam, KS 66202 Location: The Urban Renewal Area is located in the City of Colorado Springs in El Paso County. The Plan Area is comprised of two parcels on approximately 3.28 acres of land. The boundaries of the Plan Area to which this Plan applies includes Zebulon Drive to the west, Verde Drive to the north, an unnamed alleyway to the south, and commercial development to the east, Plan Goals: The vision of the Plan Area, as expressed by Cohen Esrey Development Group, is an affordable housing development along with associated site improvements including sidewalks, streetscape, public art, landscaping, security cameras, and community room. The proposed Plan includes 133 units ranging from one-, two-, and three-bedroom units. All 133 units will be affordable for households earning between 30 and 60 percent of area median income (AMI). The first floor of the development will have a community room for community meetings, after school tutoring, job fairs, and employment outreach. Additionally, there will be room for a children’s play area, picnic area, bike storage, and a dog run that will also serve as a detention area on the site plan. Panorama Heights will serve the community by offering affordable housing as well as residential support services including financial counseling, homeownership counseling, job search assistance, after school tutoring, and nutrition assistance. Current Status: Cohen Esrey Development Group is currently working on getting financing completed. |
Panorama Heights (formerly Almagre, Zebulon Flats and Lofts @ 1609)
Panorama Heights is the first Urban Renewal Authority project within the southeast area of Colorado Springs and the first project that contains affordable housing.
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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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