Eagle nears vote on shopping complex
EAGLE, Colorado –Members of the Eagle Town Board may make their final Eagle River Station decision in two weeks. Or, that action may be delayed until Nov. 10.
Eagle River Station is a commercial/residential development proposed by Trinity/RED Eagle on an 88-acre tract located on the eastern end of town, south of Interstate 70. The plan includes 552,000 square feet of commercial space including a 132,000 square foot Target that would anchor the development. Eagle River Station also calls for 581 residential units and a 150-room hotel.
This week, representatives from Trinity/RED offered their final presentation concerning the project. Mike Hans of RED Development in Kansas City, Mo. said that the Eagle River Station plan has evolved over the last 2 1/2 years to represent input from Eagle staff, town board members and citizens.
“We think this is a much better project today than when we started,” said Hans.
While Eagle River Station opponents and proponents don’t agree about much, they are both ready for the public hearing process to conclude. The Eagle Town Board will make a final decision regarding the project, but few expect that to be the final word on Eagle River Station’s future. A citizen referendum is widely expected to follow the town board vote and many predict the town board will actually call for the vote as part of its decision.
After a series of meetings this fall that featured line-by-line review of a proposed development agreement that would govern particulars of the proposed development – including everything from construction schedules to performance guarantees and a reimbursement agreement that outlines the public/private Eagle River Station financing deal – town board members are edging nearer to a final vote. But first, there are a few more issues to be addressed.
On Wednesday, the town board will hear the report of the town planner about whether Eagle River Station’s has complied with the town’s adequate public utilities ordinance. The ordinance, enacted nearly a decade ago, mandates that new projects in town address their impact on streets, water service, wastewater service and schools.
Additionally, there will be an opportunity for public comment and the town board is slated to formally enter into the public record the massive amount of information that has been generated as part of the Eagle River Station hearings.
On Oct. 21, the town staff will present its findings to support a town board vote to approve or deny Eagle River station. Additionally the board will consider a number of ordinances and resolutions that would be required for the Eagle River Station deal.
Depending on how long the meeting stretches, the town board may elect to accept final public comment and close the public hearing. Once the public hearing is closed, the board will begin its deliberations and ultimately make a final decision.
If the meeting on Oct. 21 goes late into the evening, the board will likely continue the public comment and deliberations until Nov. 10. Some members of the board will be out of town on Oct. 28 and Nov. 4 and the entire board has agreed that all members should be present for the Eagle River Station deliberations and vote.