SUBJECT:
Title
Update on I-25 Erie Gateway Entitlement, Financing, and Infrastructure Planning
Body
DEPARTMENT: Planning & Development
Department
PRESENTER(S): Sarah Nurmela, Planning & Development Director
First Name Last Name, Title
TIME ESTIMATE: 45 minutes
only required for non-consent items
STAFF RECOMMENDATION:
Recommendation
Informational item; no staff recommendation.
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
Planning Update
In July 2022, Town staff initiated an intensive planning process for the I-25 Erie Gateway site to articulate the Town's vision with a Planned Development (PD) district. The planning area of the PD includes the southern 640-acre footprint of Erie Gateway, between Weld County Road 10 and Erie Parkway to the north and south, and Weld County Road 7 and I-25 to the west and east. The larger footprint of the planning area ensures the land uses, streets, parks, and open space connections are consistent with the Town's vision, Transportation and Mobility Plan, and Parks & Recreation Master Plan, among others. The continuity of these elements is essential to address at the larger scale in order to set the stage for holistic, connected development in the future.
Once completed, the PD district will be applied to the 253-acre Town-owned property, which is currently the only property annexed within the overall planning area. Other property owners within the planning area may choose to annex into the Town and include their properties in the Town's current entitlement process or may apply the PD at any time if they should choose to develop in the future.
Property owners within and adjacent to the Gateway PD planning area continue to be included in the planning process. In September 2022, the Town's project team began meeting individually with property owners to confirm an overall vision, talk about future development opportunities, and discuss opportunities to participate in an Urban Renewal Plan Area (URA) the ...
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