13th Avenue Station Urban Renewal Area, Aurora

Summary

The report discusses the proposed 13th Avenue Station Urban Renewal Area in Aurora, which aims to transform the underutilized area into a multifaceted neighborhood with diverse transit-oriented housing choices. The project requires infrastructure improvements, including a multimodal bridge and access roads, with an estimated cost of $8 million. The City of Aurora has secured $4 million in State grant funding and is seeking Arapahoe County's participation in financing the public improvements through tax increment financing (TIF). The report outlines the potential benefits of the project, including the creation of nearly 1,000 workforce and affordable housing units, and the potential fiscal impact on the County.

Details

Subject

13th Avenue Station Urban Renewal Area, Aurora

Summary

The report discusses the proposed 13th Avenue Station Urban Renewal Area in Aurora, which aims to transform the underutilized area into a multifaceted neighborhood with diverse transit-oriented housing choices. The project requires infrastructure improvements, including a multimodal bridge and access roads, with an estimated cost of $8 million. The City of Aurora has secured $4 million in State grant funding and is seeking Arapahoe County's participation in financing the public improvements through tax increment financing (TIF). The report outlines the potential benefits of the project, including the creation of nearly 1,000 workforce and affordable housing units, and the potential fiscal impact on the County.

Report Date

2025-06-24

Report Type

staff

Report Title

Board Summary Report

Authoring Body

Arapahoe County

Reporting Period

2024-2025