It’s been brought to the Board’s attention of a potential affordable housing apartment
community to be built just outside the border of Pine Creek at Union & Royal Pine (currently
being called Royal Pines Apartments). This project is in its infancy, but we’ve heard many of you
have concerns with this project and the potential changes this type of development could bring
to our community. The current plans are for 232 apartment units; consisting of 3 buildings
having a unit mix of (144) 1 bedroom units, (44) 2 bedroom units, and (44) 3 bedroom units.
The affordable housing criteria they plan to use would make units available to individuals and
families earning as low as $19,400 (30% of the AMI - Area Median Income).
The developer hasn’t submitted an official development application at this time but did
complete a preliminary application with the City in March of this year. With this said, the
developer has initiated discussions with Steve Posey - the Community Development Division
Manager with Colorado Springs who spearheads affordable housing initiatives for the City. On
May 22nd, Steve presented a proposal in front of City Council asking for $40M in Private Activity
Bonds for the construction of the Royal Pines Apartment community.
The next step in the approval of the Private Activity Bonds takes place on June 13th. City Council
will be looking to approve a resolution to authorize the bonds. Concerned citizens are welcome
to go to the council meeting and can speak before the council members during public
comment. If you would like to speak before the council regarding this development, please
contact Samuel Friedman (his information is listed below). The council meeting will start at
10am; currently it’s unknown when this issue will come up on the Agenda but more will be
known as it gets closer.
If the bonds are approved, there is a good chance the developer will take the next steps in filing
a formal development application with the City. At this point, the developer will propose their
development plans and begin working with the Planning Department to obtain approval. During
this phase there will also be a time for public comment on the developer’s plans ranging from
asking for minor changes to outright opposition.
Here are the currently known important contacts for this project:
Steve Posey - Community Development Division Manager
Logan Hubble - City Planner Over The Proposed Project
Randy Helms - Council President & Council Member for District 2
Samuel Friedman - Constituent and Outreach Program Coordinator (will place you on the list to speak during City Council public comment)
Please be aware the PCVA Board has no involvement regarding this project. As your Board, we
felt it helpful to provide you the pertinent information we’ve received up to this point so that
you can make your voice known. But the PCVA Board cannot speak for members of Pine Creek,
nor advocate any position in relation to this endeavor. All interactions on this topic with the
City must be as individual homeowners.
The Pine Creek Village Association Board
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