In a recent government meeting, Woodland Park officials discussed a significant subdivision development agreement with Tava House Properties LLC, aimed at advancing the Woodland Station Subdivision Filing 2. Planning Director Karen Schmink presented the details of the agreement, which will facilitate the installation of public improvements and construction associated with the project.
The proposed development, located in the heart of downtown Woodland Park, encompasses a six-acre site previously owned by the city. The project is planned to unfold in four phases, with the first three phases designated for commercial use and the fourth phase potentially serving residential or commercial purposes, depending on market conditions.
Schmink outlined the development process, which includes obtaining various approvals such as the sketch plan, preliminary plat, and now the subdivision development agreement. This agreement is crucial as it allows for simultaneous construction activities, expediting the timeline for the project, which aims to be operational by May 2025.
Key components of the agreement include the construction of essential infrastructure such as streets, sidewalks, and utilities, as well as addressing the loss of public parkland in Bergstrom Park due to the development. The agreement stipulates that Tava House Properties will need to compensate for the encroachment into the park, a process that will involve public hearings and potential appraisals to determine fair compensation.
The council raised questions regarding the grading permit and the timeline for construction, emphasizing the urgency of the project. The agreement is designed to streamline the development process, allowing Tava House to begin construction as soon as the necessary financial guarantees are in place.
Overall, the subdivision development agreement represents a significant step forward for Woodland Park's downtown revitalization efforts, promising to enhance the area with new commercial and potentially residential spaces while addressing community concerns regarding public land use. The council is expected to vote on the agreement in the coming weeks, with the developer eager to commence work on the project.