The city of Loveland, Colorado, voted unanimously on July 20 to ban self-storage development from a 92-acre parcel it owns to the southwest of Colorado State Highway 402 and Interstate 25, known as the Ehrlich Addition. The injunction aims to make the land more attractive to other types of developers, according to the source.
The current zoning requires at least 60% of the land be devoted to workplace use such as light industrial, office and research. It also establishes where businesses, residences and roadways will be permitted. City staff proposed rezoning the area from “e-employment” to “planned unit development” to remove some of the restrictions while also barring self-storage.
“What we’re proposing is a more flexible land-use plan that will better enable this property to be returned to the tax rolls,” said senior planner Jennifer Hewett-Apperson, adding that the city has received “lowball” offers for the Ehrlich Addition since purchasing it in 2007.
A zoning change might bring in a more favorable developer, Hewett-Apperson said. “It means that a future buyer of this property likely would not have to go through a full-scale rezoning process.”
The council will take a second vote on Aug. 3.
Source:
Loveland-Reporter Herald, Loveland Council Approves Rezoning of Ehrlich Addition to Bar Storage Businesses