Thursday, September 11, 2014

City for Champions gets final state approval

Posted By on Thu, Sep 11, 2014 at 4:35 PM

An artist's rendering of the museum and stadium projects. - COURTESY CITY FOR CHAMPIONS
  • Courtesy City for Champions
  • An artist's rendering of the museum and stadium projects.

This just in: The state Economic Development Commission voted unanimously today to approve a resolution for City for Champions.

That's the $250 million tourism venture that includes a downtown sports stadium, Olympic museum, sports medicine center at the University of Colorado at Colorado Springs, and a new visitors center outside the Air Force Academy.

The release, issued by Mayor Steve Bach's communications department:
COLORADO SPRINGS, Colo. – City for Champions reached an important milestone today when the final resolution was unanimously approved by the Colorado State Economic Development Commission.

Adoption of this final resolution means that the EDC’s approval of the City for Champions Regional Tourism Act application on December 16, 2013, in the unprecedented amount of $120.5M has been formalized.

After much collaboration between the City, County and State officials and a good deal of work by hundreds of citizens, business and community leaders working to ensure the success of the initiative, this agreement gives a triumphant green light to the four City for Champions project components to move forward in the development process.

In addition, this allows the RTA Advisory Board, a stellar and diverse group of local citizens, to begin its important work in crafting specific requirements for the extraordinary City for Champions initiative.

“We are grateful to the State Economic Development Commission, the Office of Economic Development and International Trade, and the State Attorney General’s office for granting the City of Colorado Springs this historic opportunity and for their efforts in completing this resolution and their partnership on these exciting projects,” said Bob Cope, Senior Business Climate Specialist for the City of Colorado Springs.

The adoption of the resolution was heralded with great enthusiasm by the leader of the citizen-led grassroots proponents of City for Champions, Laura Neumann, as she noted that “Now action can really begin to allow the four projects to be the catalyst for economic and job growth, business creation, start-up companies, recreational and outdoor initiatives, retaining young professionals and more. Hundreds of thousands of people will benefit from this bold and legacy-making decision the Commissioners made today.”
Neumann, by the way, is Bach's former chief of staff who quit earlier this year.

The next pep rally for the project will be from 6 to 7:30 p.m. on Tuesday at the Southeast and Armed Services YMCA, 2190 Jet Wing Drive.

The last such meeting in August drew a large crowd and yielded an unofficial announcement that the Jenkins family, owners of Nor'Wood Development Group, will donate the downtown land on which the Olympic museum and Hall of Fame will be located downtown near Vermijo Avenue and Sierra Madre Street.

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