Tell Congress to support transit oriented development
“Communities across the country are eager to build more homes and offices near transit stations. These projects can create walkable neighborhoods, and great returns on public investment, but are often complicated and difficult to finance….
Urban-renewal wars return to Colorado Legislature
“A pair of Colorado state senators filed the first — but not last — attempt of the 2015 legislative session at urban-renewal reform on Wednesday, reviving a year-old debate over whether major changes to…
Fund for affordable housing in transit-oriented developments to expand beyond Denver
“Denver Mayor Michael Hancock and other dignitaries gathered Tuesday to launch an expansion of the Denver Transit-Oriented Development Fund for affordable homes, a $24 million endeavor. The fund, which was created to operate within the…
Snags in the Bee Cave Road project continue
“Unfortunately, the CAMPO Policy Board’s vote on Nov. 10 to award $75 million in funding to local projects did not include funding for Bee Cave Road. As we approach the end of the year, West…
Is a City Revitalization & Improvement Zone the same as a tax-increment financing district?
“Is a CRIZ the same as a tax-increment financing district? No. Tax-increment financing (TIF) districts work off a similar concept: finance development by borrowing money repayable with the extra taxes generated by that development. The…
City to Revoke Economic Development Deal on Pike, Use Eminent Domain on Highway Avenue
“A loan approved by the City of Covington nearly a year ago will be taken back after the project failed to get started. The long-vacant building at 12-14 West Pike Street (pictured above), two doors…
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…
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…
Colorado Springs, other cities work on financing projects
“The three cities that won state sales tax incentives for quasi-public projects since lawmakers created the Regional Tourism Act in 2009 are still working on financing so construction can get underway. The Regional Tourism Act…
city can keep interest accrued during eminent domain case
“Former property owners involved in an eminent domain case with the city of Tampa are not entitled to interest on funds the county clerk held during the proceedings because those funds were not considered in…