The Redevelopment Racket
“The justifications that governments give for subsidizing private developments are often dubious, but this was particularly so for a recent New Jersey deal. This summer, the state granted $82 million in tax credits to the…
Castle Rock prepares for 1st urban renewal project
“An abandoned municipal dump site and abandoned clay mine are the first targets for urban renewal in Castle Rock. The 66-acre site at the northwest corner of Plum Creek Parkway and Interstate 25 near the…
Construction on Hyatt Hotel, conference space in original Aurora begins
“Construction on a new, full service Hyatt Hotel and conference center in the Fitzsimons Village across from the Anschutz Medical Campus in Aurora began Wednesday after a groundbreaking on site. The City of Aurora partnered…
Redevelopment: Back with a vengeance?
“The same Jerry Brown who ended California’s controversial redevelopment agencies in 2011 is now considering legislation that would bring back something similar, but arguably with fewer restrictions on eminent-domain abuse and debt spending. Redevelopment agencies…
Colorado Springs-area retail centers continue to expand
“”Remember, we’ve gone though a down economy,” said Mark Useman, a retail specialist with Colorado Springs Commercial, a local brokerage. “Now, we seem to be starting to come out of it, and retailers are taking…
Colorado Springs hires outside attorney for advice on City for Champions
“The city of Colorado Springs has hired an outside attorney to give a legal advice about a citywide Tax Increment Financing district for the City for Champions project. In an Aug. 19 email from city…
Blight designation in downtown Steamboat Springs may pave way for urban renewal projects
“Poor pedestrian lighting, missing sidewalks and the presence of a flood zone are some of the things that have helped downtown Steamboat Springs join Colorado’s long and growing list of blighted areas. #Blight is a…
HICKENLOOPER’S VETO MAY BENEFIT UNEXPECTED FUNDRAISERS
“Gov. John Hickenlooper has made much of his support from Republican businessmen, but did some of that support come at a price? The Governor issued only a handful of vetoes during this legislative session, but…
Steamboat City Council moves to slow down downtown urban renewal funding talks
“Faced with some concerns from fellow elected officials and a long list of questions of its own, the Steamboat Springs City Council on Tuesday night hit pause on a proposal to use tax increment financing…
Township sued over Costco, Whole Foods shopping center tax plan
“The East Penn school directors approved the TIF plan, which will be overseen by the Lehigh County Industrial Development Authority, in May 2013 and reaffirmed that decision in April. Lehigh County commissioners rejected the plan…