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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

​South Nevada Avenue

There are four Silos - development areas - in the South Nevada Avenue Urban Renewal Area.  The Silos are defined by ownership structure and development/redevelopment status.  The four Silos total approximately 99 acres.  
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URA Period:  2015 - 2040

Developer Contacts
​

SNA Development LLC
Danny Mientka
90 South Cascade Avenue, Suite 1500
Colorado Springs, CO 80903
719-448-4034
danny@theequitygroup.net

Ivywild Development I, LLC
Sam Guadagnoli, Ray O’Sullivan
1619 South Tejon Street
Colorado Springs, CO 80905
719-499-4127
samguadagnoli@yahoo.com

EVC_HD South Nevada, LLC
Walt Harder
112 F Street
Salida, CO 81201
719-539-6060
walt@waltharder.com

Location:  The project area is located in the south central part of Colorado Springs between East Cheyenne Road on the south, Fountain Creek on the north, South Wahsatch Avenue on the east and South Cascade Avenue on the west.  The URA is well located in the Colorado Springs region and provides an excellent area for new development as well as redevelopment of existing structures.  

Documents For Download
South Nevada Ave. Boundary map 080217.jpg
File Size: 131 kb
File Type: jpg
Download File

SNA Streetscape Design Standards Final 042417
File Size: 5448 kb
File Type: pdf
Download File

S. Nevada Avenue Area Plan and Res 120-15
File Size: 18733 kb
File Type: pdf
Download File

South Nevada Cooperation Agreement and Res. 148-15.pdf
File Size: 570 kb
File Type: pdf
Download File


Ivywild Development Documents:
Assignment and Assumption Agreement 102617
File Size: 223 kb
File Type: pdf
Download File

Amended and Restated Urban Renewal Dev. Agreement 062118
File Size: 2193 kb
File Type: pdf
Download File

S. Nevada Ivywild LLC Agreement Res. 13-15
File Size: 111 kb
File Type: pdf
Download File

South Nevada Ivywild LLC Agreement.pdf
File Size: 10955 kb
File Type: pdf
Download File


EVC - HD South Nevada LLC Documents:
S. Nevada URA - EVC Harder Diesslin Agreement
File Size: 10621 kb
File Type: pdf
Download File

S. Nevada URA-EVC Harder Diesslin Agreement Res. 15-15
File Size: 110 kb
File Type: pdf
Download File

First Amendment to UR Agreement for Dev. of S. Nevada EVC-HD
File Size: 187 kb
File Type: pdf
Download File

First Amendment to UR Agreement for Dev of S. Nev. EVC-HD Res. 01-16
File Size: 86 kb
File Type: pdf
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Assignment and Assumption Agreement 082218 signed
File Size: 173 kb
File Type: pdf
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Assignment and Assumption Agreement Resolution 02-18 082218 signed
File Size: 856 kb
File Type: pdf
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Walt Harder Quit Claim 218103096
File Size: 559 kb
File Type: pdf
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EVC-HD South Nevada Quit Claim 218103078
File Size: 2600 kb
File Type: pdf
Download File


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Plan Goals:  The urban renewal plan was approved by the Colorado Springs Urban Renewal Authority on September 23, 2015.  City Council held a public hearing on November 24, 2015 and approved the plan.  A tax sharing agreement (Cooperation Agreement) was approved by City Council on December 8, 2015.  The agreement established the percentage of the municipal general fund sales tax that will be dedicated to the urban renewal area for twenty-five years. Subsequently, the CSURA Board approved development agreements with 3 development groups to provide tax increment financing for eligible improvements to be completed by the developers within the URA. ​Given its strategic location at a critical gateway to destinations beyond the I-25 corridor including Ivywild and the Broadmoor neighborhoods, future improvements will be of an appropriate quality.  Natural features including parks, creeks and trails will be improved and maintained so that they are a true amenity rather than an obstacle.  Efforts will be made to provide a diversity of uses and enhance the streetscape environment to attract business and improve the quality of life along South Nevada and South Tejon Streets.

There are four development subareas - termed silos-within the Urban Renewal Area:

Silo 1 - Development / Redevelopment Potential (SNA Development, Inc.)
Many of the parcels in Silo 1 are adjacent to the S. Nevada Avenue right-of-way, which is a major arterial roadway in the area.  Potential redevelopment in Silo 1 includes retail shopping centers, pad retail shops and restaurants, office space, lodging and residential units.

​​Silo 2, Canyon Creek - Development / Redevelopment Potential (Ivywild Core Development, Inc.)
The redevelopment plan for parcels in Canyon Creek include both residential and commercial projects.  Planned residential development includes 45 townhomes and 90 apartments.  Planned commercial development includes a hotel (135 rooms), retail restaurant 4,000 s.f. and 7,000 s.f. up-scale restaurant) and office space (2,500 s.f.)

Silo 3 - Development / Redevelopment Potential (EVC-HD Nevada South LLC)
Silo 3 is the smallest of the four Silos in the URA.  A Natural Grocers store of approximately 15,000 square feet was opened in 2017.  In-line retail space is also planned in Silo 3 with approximately 10,000 s.f. completed in 2017.

Silo 4 - Development / Redevelopment Potential Silo 4 contains 357,000 square feet of existing building area. Currently, development in Silo 4 is split among two broad land use categories; residential (49%) and commercial (44%).  Potential redevelopment in Silo 4 includes in-line or pad retail shops and restaurants, office space and redevelopment of an existing neighborhood shopping center.  

​Current Status:  In the past three years, numerous new businesses along Nevada’s west side have been developed.  The Shoppes on South Nevada southwest of Nevada Avenue and Navajo Street are home to Natural Grocers, Chick-fil-A, Five Guys Burgers and Fries, and Zoes Kitchen.  A multi-tenant building northwest of Nevada and Ramona Avenue houses Smashburger, Tokyo’s Joe’s and European Wax Center. The Canyon Creek Townhome project has completed 19 townhomes and is poised to begin a second phase of 24-units. Three additional 25-unit apartment buildings will start construction in six to nine months along Navajo, Brookside Street and Mount Washington Avenue.  A hotel is planned southeast of the Prime 25 steakhouse.  Another proposed South Nevada project is Creekwalk, a 50,000-square-foot, five building shopping center northwest of Nevada and Cheyenne Road.
 
Transportation Improvements:  The City of Colorado Springs is initiating several transportation improvements projects in the South Nevada Urban Renewal and Ivywild areas beginning in June 2019.  This project will rebuild the center median on Nevada Avenue between Navajo Street and Ramona Avenue to create left-turn lanes to Navajo Street and the shopping center on the west side of Nevada Avenue.  When complete, this segment of Nevada Avenue will include a traffic signal mid-block between Navajo Street and Ramona Avenue.  

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SNA Development Documents:
Assignment SNA Ivywild 092519 final
File Size: 1597 kb
File Type: pdf
Download File

South Nevada URA - SNA Development Agreement
File Size: 11511 kb
File Type: pdf
Download File

S. Nevada SNA Agreement Res 14-15
File Size: 109 kb
File Type: pdf
Download File

First Amendment to URA for Development SNA 121218
File Size: 273 kb
File Type: pdf
Download File

First Amendment to URA Development SNA Resolution 14-18 121218
File Size: 101 kb
File Type: pdf
Download File

Res No 05-19 Approving Cooperation Agreement SNA Creekwalk Marketplace 042419 signed
File Size: 250 kb
File Type: pdf
Download File

Second Amendment to SNA Urban Renewal Plan signed 042821.pdf
File Size: 1648 kb
File Type: pdf
Download File

Resolution 04-21 approving Second Amendment to SNA URA 042821 signed.pdf
File Size: 969 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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