URA Period:  2021 – 2046

Developer Contact:
​Cohen Esrey Development Group
8500 Shawnee Mission Pkwy., Ste. 150
​Marriam, KS 66202

Location:  The Urban Renewal Area is located in the City of Colorado Springs in El Paso County. The Plan Area is comprised of two parcels on approximately 3.28 acres of land. The boundaries of the Plan Area to which this Plan applies includes Zebulon Drive to the west, Verde Drive to the north, an unnamed alleyway to the south, and commercial development to the east.

Plan Goals:  The vision of the Plan Area, as expressed by Cohen Esrey Development Group, is an affordable housing development along with associated site improvements including sidewalks, streetscape, public art, landscaping, security cameras, and community room.

​The proposed Plan includes a four-story, all electric building featuring one-, two-, and three-bedroom apartments. All 133 units will be affordable for households earning between 30 and 60 percent of area median income (AMI). The apartments will be leased to households earning between 30% and 70% of area median income, which is $96,100 for a household of four. Thirteen units will be set aside for homeless veterans and another 13 units will be rented to tenants who need handicapped accessibility.

The first floor of the development will have a community room for community meetings, after school tutoring, job fairs, and employment outreach. Additionally, there will be room for a children’s play area, picnic area, bike storage, and a dog run that will also serve as a detention area on the site plan. In addition to classes on various topics, public art by local artists will be incorporated into the development.