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CSU Pueblo outlines mixed‑use master plan, seeks local tax‑increment support for infrastructure
Summary
CSU Pueblo officials presented a master development plan for more than 100 acres adjacent to campus and asked for local support for a financing package that would use tax increment financing and multiple metropolitan districts to pay roughly $7.8–9 million in horizontal infrastructure costs over a 25‑year period.
CSU Pueblo on May 15 asked Pueblo County officials to support a public‑private master development that would add retail, housing, a hotel, student apartments and new roads next to campus, and to consider sharing certain incremental tax revenues to finance horizontal infrastructure.
Garrison Ortiz, vice president of university operations and chief financial officer at CSU Pueblo, and Andy Arnold, principal of Pioneer Development Company, described a concept for development on more than 100 acres of university‑owned land that would be built in phases and financed through a combination of metropolitan districts, tax‑increment financing (TIF) from an urban renewal area and other public‑private tools. "This…
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