To: Board of County Commissioners
Through: Shannon Carter, Open Spaces Department, Director
Prepared By:
prepared
Josh Garcia, Planner, Open Spaces
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Subject:
title
Arcadia Park Project Funding Request
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Purpose and Request:
recommended action
The Board of County Commissioners is requested to adopt a resolution approving the expenditure of $4,000,00.00 from the Open Spaces Acquisitions and Development Fund or a blend of available Cash in Lieu and/or Arapahoe County Recreation District Funds for construction of Arcadia Park in the Four Square Mile community.
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Background and Discussion: In 2020, DHI Communities submitted a pre-submittal letter of intent to the Planning Division for the Arcadia development located 9495 E. Florida Ave. in unincorporated Arapahoe County. This project proposed to redevelop the 32.2 acres parcel on what is now the Potter's House Church. The project proposes a 3-story multifamily and paired-home community will include approximately 345 rental apartment units, 168 2-story for-sale paired-homes, and a park on the northern end of the property that will be dedicated to the County upon substantial completion and approval. The future land use designation of this 32.2-acre property has been identified in Arapahoe County's Four Square Mile Sub-Area Plan as "multifamily". DHI Communities approached Open Space staff to discuss a partnership that would result in the park being constructed at the same time as the residential construction.
Standard practice for Open Spaces would be to accept ownership of the land set aside for the park and once staff resources are available, Open Spaces would go through the planning, design and construction process for the park. Open Spaces was open to this partnership because, if the project were to be approved by the County, the park would be an amenity to the community sooner than later and the planning and design process would take less time, money, and staff resources because through...
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