Late last week, the City and County of Denver sent letters to over 300 homeowners notifying them that they fail to comply with the City’s affordable housing standards. Many of those who received the letters had no idea their homes were subject to such standards in the first place. Continue Reading Hundreds of Denver Homeowners Impacted by Previously Overlooked Affordable Housing Covenants
We’ll start in Boulder and with commercial development. In February, the Boulder City Council directed city staff to draft an ordinance that would raise the city’s affordable housing linkage fee on new commercial development from $12 per square foot to $25, $30, or $35 per square foot. Boulder’s current $12 linkage fee is the highest such fee of any city in the country between the two coasts, with Palo Alto the highest in the country at $35. Even so, City Council members expressed that the current fee is still low enough vis-a-vis fees on residential development to incentivize commercial development over residential development. And more commercial development without new housing only exacerbates the city’s acute jobs-housing disequilibrium. Continue Reading Boulder County Municipalities Look to Double Affordable Housing Linkage Fees
For more than 15 years, Denver’s comprehensive plan, “Blueprint Denver,” has taken a binary view of neighborhood change—either a neighborhood should expect to change, or it shouldn’t—but it’s looking as though that practice might soon end. The current system, under which every City lot lies within an “area of stability” or an “area of change,” now seems likely to disappear in favor of a four-tiered categorization developing as part of the “Denveright” long-range planning process.
A bit of background: under Blueprint Denver, the City aims to funnel development into “areas of change” that comprise roughly one fifth of Denver’s land area. The plan’s complementary goal is in turn to limit growth in “areas of stability” that cover the balance. Denver development pressure has to some extent followed that vision crafted in 2002, especially as new projects have advanced along Continue Reading Denver to Take More Nuanced Approach to Growth Planning
This post follows up on a post from August about a citizen initiative to limit residential growth in Lakewood, Colorado.
In Lakewood, Colorado’s fifth largest city, citizens associated with Lakewood Neighborhood Partnership submitted a petition for a “strategic growth” initiative last July. The initiative aims to limit the growth of residential housing units to 1% annually, and would require that the Lakewood City Council approve all projects with forty or more housing units. The unelected planning commission currently has final decision authority over multifamily site plans and subdivisions in Lakewood. Continue Reading What happened to “strategic growth” in Lakewood?
California Investor Buys former StorageTek/ConocoPhillips Campus in Bid for Amazon
In a bid to have Amazon select Boulder County as its much-ballyhooed second headquarters, California’s Bancroft Capital recently went under contract to purchase the 432-acre property (depicted below) in Louisville that is the former home of StorageTek. The property is currently owned by ConocoPhillips. Bancroft also developed the Peloton project in Boulder. Continue Reading Updates from Boulder County: A Bid for Amazon, Google Buys Property, and Senior Housing