Pam Zubeck (Colorado Springs Independent)- The government enterprise charged with monitoring development and construction wants to partner with the region’s largest developer for financial gain.
A pending agreement between the Pikes Peak Regional Building Department and Nor’wood Development Group would create a new entity, to which both stakeholders would transfer land. All the property in question lies within the Southwest Downtown Urban Renewal Area, where the U.S. Olympic Museum and Hall of Fame is to be built. Nor’wood, the master developer of the urban renewal area, would then have the sole option of developing the land held by the new entity.
Click here to read the full story in the Colorado Springs Independent.