Air Force Academy visitor center wins designation as urban renewal area
“Undeveloped green space on Colorado Springs’ northwest side was declared blighted Tuesday in a controversial City Council move that will help fund a proposed visitors center for the Air Force Academy.
With the declaration, approved on a 5-3 vote, the council created an urban renewal area of recently annexed land west of Interstate 25 along North Gate Boulevard and adjacent to the Santa Fe Trail. That URA’s new sales and property taxes will be spent on the visitors center and infrastructure for surrounding commercial development.
The area, dubbed the True North Commons Urban Renewal Area, is expected to generate about $16 million in tax revenue over the next 25 years.”
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Swanson, Conrad. The Gazette 10 July 2019.