FOR IMMEDIATE RELEASE
Contact: Maureen Phair / 720-898-7060
ARVADA— The Arvada Urban Renewal Authority announced today that the Trammell Crow Company resubmitted its PDP application on Friday, February 9, for the Olde Town Residence project. Once received, the resubmission will be available on the city’s eTRAKiT online database at https://arvadapermits.org/etrakit3/.
The resubmission process is part of the city’s Land Development Code, section 3.1.17, included in the city’s Municipal Code. The ordinance allows city staff to review Trammell Crow’s resubmission and report its review to City Council. The ordinance also allows City Council to conduct an additional public hearing and to act on the revised application. The changes to the Olde Town Residence include a reduction of 30 bedrooms, the addition of 15 parking spaces and a setback on a portion of the sixth floor facing Grandview Avenue.
City Council will hold a public hearing and public testimony on the application that will be noticed in accordance with the Municipal Code. AURA anticipates that City Council could consider the resubmission as early as its regular meeting on March 19.
“Trammell Crow took the feedback from City Council and city staff and the comments from the public hearing to make several modifications to the number of bedrooms, parking and the setback on the top floor of the Olde Town Residence project,” said Maureen Phair, AURA’s executive director. “The city’s resubmission ordinance provides a fair process for Trammell Crow to address these concerns and then decide to continue with its PDP application. AURA is looking forward to staff’s review of the resubmission and the public hearing process.”
ABOUT AURA:
Arvada Urban Renewal Authority (AURA) is responsible for revitalizing urban areas designated throughout the community by creating successful, high-quality projects that will help produce a vibrant cohesive city and enhance the quality of life for the citizens of Arvada. AURA is an independent body, corporate and politic under the State of Colorado law and governed by a seven member volunteer board appointed by the Mayor and approved by the City Council. The Board works under a common vision dictated by the legally approved urban renewal plan. Under state law, AURA is charged with assisting the City in eliminating and preventing the occurrence of blight. To carry out this mandate, AURA works in collaboration with elected officials, city administrators, private developers, financing sources, as well as the community.
