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Council approves $500,000 ARPA-interest incentive to remove Greyhound Park blight
Summary
Council authorized a $500,000 transfer from ARPA interest to fund demolition incentives for the former Greyhound Park, citing safety and redevelopment potential; developers said demolition would unlock hotel and multifamily interest but council debated guarantees and timelines before approving 5-2.
The Pueblo City Council voted to establish a Greyhound Park blight-removal project and to transfer $500,000 from American Rescue Plan Act (ARPA) interest to incentivize demolition and redevelopment of the former dog-track site.
Staff said demolition estimates for the existing facilities are about $600,000 and that the Urban Renewal Authority may reimburse up to $216,000 in 2026 if its board approves. The $500,000 is…
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