Why Redevelop?

Redevelopment of the CityCenter core area as an updated transit village will achieve the following objectives:

• Reverse the continuing decline of CityCenter and create a more active, sustainable, and financially secure mixed-use, walkable CityCenter core that is complementary to and helps revitalize the entire downtown area.
• Add a hotel, additional residential, new restaurants and retail, civic and office uses to an under-developed and underutilized area to recapture its appeal and sense of place which reflects Englewood's uniqueness as a community.
• In partnership with the Englewood Downtown Development Authority (EDDA) leverage a re-energized CityCenter to retain and attract new employers, retailers and residents to downtown Englewood.
• Stabilize and increase the city's and EDDA's property tax and sales tax revenues, use and lodger's taxes and other revenue generated within CityCenter and from the adjacent areas. A fiscal impact study will be posted soon.
• Leverage the investment interest in metro Denver TOD locations from investors, developers, and employers.