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City presents preliminary economic-impact estimates for West Greeley project; predevelopment agreement slated for Feb. 4

2087794 · January 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff presented CBRE draft impact estimates for the West Greeley project on Jan. 7 and said a predevelopment services and finance agreement is scheduled for council action on Feb. 4.

City staff presented preliminary economic-impact estimates Jan. 7 for the proposed West Greeley project and said staff plan to bring a predevelopment services and finance agreement to the council on Feb. 4.

John Hall, economic development director, said multiple city departments are working on finance, infrastructure, legal review, communications and economic-development aspects of West Greeley. He described the project as an opportunity to expand amenities, attract visitors and reduce retail leakage, and he briefed council on preliminary impact estimates by CBRE.

CBRE’s draft…

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