Urban Renewal

In May 2023, the  Castle Pines City Council approved the creation of an Urban Renewal Authority to help revitalize areas in the city's Business Zone District. Moving forward, the Urban Renewal Authority will prepare an urban renewal plan and financing plan for the district.

The urban renewal area generally encompasses the City’s Business Zone District and is intended to allow more flexibility in what commercial property owners can do with their property; allow taxes to be spent on improvements within a targeted area; identify capital improvements needed to accommodate future investment; potentially provide property redevelopment/expansion financial assistance; and, balance growth across the community. Urban renewal will not prevent owners or tenants from continuing a business or land use; raise property tax mill levy or sales tax rate; force owners to improve their property; diminish the value of property; or prevent property owners from selling their property.

See the Frequently Asked Questions document for more information about urban renewal.

Questions regarding the survey process, document, or urban renewal may be directed to the City of Castle Pines Community Development Director Sam Bishop at Sam.Bishop@castlepinesco.gov.

Resources

• Conditions Study - Property Owner Information Meeting Recording
• City of Castle Pines Update and Urban Renewal Overview (Chamber of Commerce Nov. 3 Economic Development Breakfast Meeting) - Presentation
• City of Castle Pines Update and Urban Renewal Overview (Chamber of Commerce Nov. 3 Economic Development Breakfast Meeting) - Video Recording