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This land was zoned in 2002 to allow for a maximum of 160 units of assisted living/nursing home, or 80 multifamily units, or 38 single family homes. It could also be developed with a mix of these uses, although the developable area is only 3.85 acres, so the owner has indicated it is more likely to be either just assisted living or multifamily. Over 1 acre of open space is planned. The developer has not been in contact recently on this site, so the timing of its development is unknown at this time. There would be public hearings with the next phase, a site development plan, when the developer chooses to move forward. At that time, public hearing signs would be placed on the property, and properties within 300 feet of the site would be notified by mail.
The Town is considering purchasing the gas station on the east side of Wilcox at I-25 for use for future transportation needs. The Town’s due diligence period extends into first quarter 2019, so additional information would be available after that time. There are no current applications related to the gas station on the west side of Wilcox at I-25, so if and how that parcel may redevelop is unknown at this time.
A new Starbucks is under construction in this area. View additional information about that project.
The property is currently owned by Heir & Company, a Castle Rock business. They are currently using the building for apartments. There have been numerous discussions about renovation of the existing building or renovation of the existing building with an addition to expand the usable square footage. However, there have only been discussions, with no formal action plans. In addition, the Town’s Historic Preservation Board has nominated the building twice for Colorado’s Endangered Places Program, but it has not been accepted. The hope was to get exposure for the building and, therefore, expand possible grant opportunities.
Located at the northeast corner of Wolfensberger and Coachline roads, the Hillside community concept is to create a modern new urban village with multiple housing types. The developer has an approved Site Development Plan for 130 units in this area. They have been working with the Town to finalize the neighborhood construction documents for the roadway and utility designs. The developer has not determined when they will start construction on the neighborhood yet. View information about this and other active developments on the Town's Development Activity Map.
The proposed Festival Park Commons project is a result of a request for proposals the Town distributed in 2017 to develop a public parking structure in the existing parking lot south of Town Hall. The chosen developer is still working on concepts, including redevelopment of the three other lots south of Town Hall into the plan, and a formal land use application has not been submitted to the Town. A schedule has not been proposed at this time.
The Town knows parking, especially Downtown, is a priority for residents and business owners. The Town recently hired a consultant to conduct a Downtown Parking Study to evaluate current and future needs, as well as to get recommendations for increasing parking. Town staff is reviewing suggested implementation items that resulted from the study. One of those is establishing off-street parking requirements for new residential and commercial development in the Downtown area. In addition, Town Council has also supported new striping along Wilcox and Perry streets, which will add some on-street parking. Finally, once the new roundabout at Third and Perry streets is constructed, we will see additional parking gains near that intersection. Learn more about the parking study at CRgov.com/ParkingStudy. Learn about the roundabout at CRgov.com/PerryRoundabout.