A proposal to convert a former hotel into affordable, multifamily housing was approved and the Alexander Way annexation proposal was moved forward at Town Council’s Nov. 7 meeting.
Here is a closer look:
Wellspring Community multifamily development — Town Council approved a proposal by nonprofit Wellspring Community, in cooperation with the Douglas County Housing Partnership, for an affordable, multifamily housing facility for adults with and without intellectual and developmental disabilities.
As part of the proposal, the three-story, 63-unit former La Quinta Inn & Suites, located at 884 Park St., will be converted into a 42-unit apartment complex. All of the units will be affordable to households at or below 80% of the Area Median Income, with half of the units set aside for households of people with disabilities — especially those with intellectual and developmental disabilities.
Council also approved a fee waiver as part of the proposal. Town Code allows up to 100% of applicable Town fees to be waived for attainable housing projects. Total Town fees for this project are estimated to be $661,365, and Town Council approved a 100% waiver.
Douglas County purchased the former hotel last year with the intent of working with Wellspring on the proposed housing solution. The property is directly adjacent to Wellspring’s main facility and is planned to have onsite staff to provide oversight and support 24/7.
Alexander Way annexation — Town Council approved the first reading of an annexation and planned development plan for Alexander Way.
The applicants, 455 Alexander and Tierra Investors, are proposing that two parcels totaling 73.76 acres be annexed into the Town. The parcels, currently zoned agricultural in unincorporated Douglas County, are located east of the Silver Heights subdivision, north of the Brewer Court and Alexander Place intersection, and west of the Diamond Ridge Estates neighborhood.
The proposal includes zoning 77.96 acres of property to permit 55 single-family residential units on minimum half-acre lots, along with 22 live-work units. The live-work units would be a mixture of attached and detached homes and would allow for businesses beyond the Town’s typical home occupation regulations. With the proposal, approximately 31.25 acres — or 40% of the site — would be open space, with an additional 1.5-acre pocket park.
Also on the agenda, Town Council approved the second and final reading of the Town’s 2024 Budget, Castle Rock Water rates and fees and the property tax mill levy rate. The mill levy rate will decline by 19% — from 1.139 mills to 0.92 mills. View the budget at CRgov.com/2024Budget.
Additionally, Council approved a resolution to name the new neighborhood park in the Plum Creek North neighborhood Emerald Park.
Council proclaimed Nov. 13 through Nov. 17 Crash Responder Safety Week in recognition of those who knowingly put themselves in harm’s way to respond to roadway incidents and to urge all residents to use extreme caution and to slow down and move over when approaching a roadway incident, for the safety all incident responders.
At the meeting, District 3 Councilmember Kevin Bracken announced he was stepping down from his role as Mayor Pro Tem due to personal commitments. Council then unanimously voted to appoint District 4 Councilmember Desiree LaFleur as Mayor Pro Tem. The Mayor Pro Tem fills the Mayor's role in his absence.
Watch the meeting: https://castlerock-co.granicus.com/player/clip/1656
The next regular Town Council meeting is Tuesday, Nov. 21. Visit CRgov.com/CouncilComments between Nov. 16 and Nov. 21 to provide written feedback, or to sign up to speak via videoconference during the meeting. The meeting will be available live at CRgov.com/CouncilMeeting. In-person attendance will also be available.
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