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County approves alternate parkland dedication for 325-unit Inverness project with cash-in-lieu credits
Summary
The board unanimously approved an alternate parkland dedication standard for the Inverness Filing 7 site-improvement plan (SP2020-469), accepting a reduced land dedication and cash-in-lieu payment after credits for on-site amenities and prior park acreage.
Douglas County commissioners on April 8 approved an alternate parkland dedication request tied to a proposed 325-unit multifamily development in the Inverness Business Park, allowing a reduced land dedication and a cash-in-lieu payment after credits for private amenities and prior dedicated acreage.
Mike Paseka, representing Planning Services, said Holland Acquisition Company's site improvement plan (project SP2020-469) proposes 325 apartment units on a roughly 10-acre former Colorado Athletic Club site in the Inverness Business Park. Under Article 10 of the county's subdivision resolution, the board can consider alternate parkland dedication formulas for…
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