Wednesday, January 25, 2012

Beer here: Ivywild gets needed approval

Posted By on Wed, Jan 25, 2012 at 11:59 AM

Ivywild plans are ambitious.
  • Ivywild plans are ambitious.

On Tuesday, City Council gave its approval to an agreement between the developers of the Ivywild school project, the city, and the Urban Renewal Authority.

The deal was the final piece needed for the project to get underway, and will allow the developers to keep sales and property taxes on the property for 25 years in order to reimburse them for public improvements to the property.

The Ivywild School, which was closed by Colorado Springs School District 11 in 2009, will be a new home for Bristol Brewing Company, a bakery, and community spaces.

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