URA Period: 2019 -
Developer Contact
Blue & Silver Development Partners, LLC
Dan Schnepf, President
Eric Smith, Director of Development
Location:
The True North Commons Urban Renewal Area is located along the northern border of the City of Colorado Springs in El Paso County, within the United States Air Force Academy (USAFA) federally owned property. Its boundaries may generally be described as including land located north and south of Northgate Boulevard, near the northwest and southwest quadrants of Northgate Boulevard and Interstate 25 (I-25). It is comprised of two individual parcels totaling approximately 39 acres, and the adjacent Northgate Boulevard right-of-way.
Plan Goals:
The vision for the new True North Commons development is to seamlessly embrace the overall character and history of the Air Force Academy campus while providing an iconic architectural Visitors Center Facility. The master plan will include a mix of complimentary, non-residential uses such as commercial, hotel, office and retail/restaurant, all designed to complement and be integrated with the new Visitor Center.
Current Status:
The CSURA Board approved the Condition Study Report (blight study) and the fiscal impact report on December 12, 2018. The final plan was approved by the CSURA Board on April 24, 2019. The Cooperation Agreement between the City and CSURA was approved on July 9, 2019.
Developer Contact
Blue & Silver Development Partners, LLC
Dan Schnepf, President
Eric Smith, Director of Development
Location:
The True North Commons Urban Renewal Area is located along the northern border of the City of Colorado Springs in El Paso County, within the United States Air Force Academy (USAFA) federally owned property. Its boundaries may generally be described as including land located north and south of Northgate Boulevard, near the northwest and southwest quadrants of Northgate Boulevard and Interstate 25 (I-25). It is comprised of two individual parcels totaling approximately 39 acres, and the adjacent Northgate Boulevard right-of-way.
Plan Goals:
The vision for the new True North Commons development is to seamlessly embrace the overall character and history of the Air Force Academy campus while providing an iconic architectural Visitors Center Facility. The master plan will include a mix of complimentary, non-residential uses such as commercial, hotel, office and retail/restaurant, all designed to complement and be integrated with the new Visitor Center.
Current Status:
The CSURA Board approved the Condition Study Report (blight study) and the fiscal impact report on December 12, 2018. The final plan was approved by the CSURA Board on April 24, 2019. The Cooperation Agreement between the City and CSURA was approved on July 9, 2019.
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| True North Commons Cooperation Agreement Resolution Sales Tax CityJune 2019 |
| Resolution 08-19 Approving True North Commons Cooperation Agreement with City Signed 070919 |
| Property Tax Increment Agreement SECWCD sgned 070919 |
| Property Tax Increment Agreement D20 signed 050919 |
| Property Tax Increment Agreement El Paso County signed 070219 |
| Property Tax Increment Agreement PPLD signed 070919 |
| Resolution No. 07-20 Property Tax Increment True N Commons signed |
| True North Commons Impact Report |
| Power Point Presentation |
| CSURA Resolution 06-21 Bid Pledge Agreement signed 072821 |
| CSURA Resolution 07-21 True North Redevelopment Agreement Signed 072821 |
| Resolution No. 02-22 True North Agreements signed 1.26.22 |
| First Amendment to amended and restated pledge agreement signed 012622 |
| First Amendment to amended and restated urban renewal agreement signed 012622 |
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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