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Englewood community development details ground-lease transfer, City Center redevelopment steps
Summary
Brad Power, director of Community Development, briefed the Budget Advisory Committee on department accomplishments, a certified-local-government historic preservation designation, consolidation of code compliance, and negotiations to transfer a City Center ground lease so New Englewood LLC can begin redevelopment work in 2026.
Brad Power, Englewood’s director of Community Development, told the Budget Advisory Committee the department has been evaluating how to implement recent state land-use laws and reported several ongoing redevelopment efforts, including a negotiated path to enable City Center redevelopment.
Power said the servicer that held the City Center ground lease sold or transferred the lease to a consortium forming New Englewood LLC. The city has negotiated terms to cancel and transfer the lease so…
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