Update on Columbine Square

 

Last we heard Carl Chang, a representative of CMCB Enterprises which owns Columbine Square shopping center, is still planning on bringing a project forward. Michael Penny, Littleton City Manager, has stated that they have been trying to discourage Mr. Chang from bringing the original high-density project forward telling him that the citizens of Littleton would reject it. They have been encouraging Mr. Chang to bring forward a mixed-use project – residential and commercial.
Jim Rees, Executive Director of LIFT (Littleton Invests for Tomorrow – Urban Renewal Board), reported to the LIFT board in December that he expects two projects to come forward in 2016 – this would be one of the two. Mr. Chang would have access to urban renewal tax increment financing – this would be a decision made by the LIFT board. In other words, Mr. Chang can ask LIFT to use public tax dollars to help finance his project.
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