SUBJECT: I-25 Erie Gateway Development Plan B- Economic Development Presentation
DEPARTMENT: Economic Development
PRESENTER: Ben Pratt, Economic Development Director
TIME ESTIMATE: 25 minutes
FISCAL SUMMARY: N/A
STAFF RECOMMENDATION: Consider the presentation and ask follow up questions for clarification as needed.
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
This presentation is mapping out the Economic Development Department’s next steps strategy to initiate development at the I-25 Erie Gateway Site.
u December 2017: Town of Erie Hires Design Workshop to complete Erie Gateway Master Plan and Infrastructure Analysis.
u GOAL: The Town’s intent is to create a regionally-scaled retail and employment center at Erie’s eastern gateway servicing the Northern Colorado marketplace. A key requirement for the project will be the establishment of a truly unique place; one that will provide for the integration of land uses, multiple modes of transportation, incorporation of unique architectural elements, and the efficient use of both public and private spaces.
u October 2018: Design Workshop Presents Final Erie Gateway Master Plan
u December 2018: Town purchase of 255 acres at the NW corner of I-25 and Erie Parkway for $6,375,000
u Plan A: June 2018-October 2019: Town of Erie Urban Renewal Authority attempted to create I-25 Urban Renewal Planning Area; Weld County refused to consider the URA Planning Area.
u Plan B: NOW!
Fiscal Impact: N/A
Board Priority(s) Addressed:(Add an "x" in front of the appropriate priority)
ü Attractive Community Amenities
ü Engaged and Diverse Community
ü Prosperous Economy
ü Well-Maintained Transportation Infrastructure
ü Environmentally Sustainable
ü Fiscally Responsible
ATTACHMENTS:
1. I-25 Erie Gateway Project Plan B
2. Verified Site Example