The City of Longmont, Colorado has agreed to annex some 21 acres in order to facilitate the building of both new residential as well as commercial space near what is known as the St. Vrain corridor.
That corridor, made up of natural habitat, stretches around 12 miles from eastern Boulder County near Longmont to the west of the town of Lyons.
In a unanimous vote, members of the Longmont City Council have given their approval to the annexation, as well as a concept plan for the project.
To be developed by the Golden-based Confluence Companies, which specializes in large multi-family developments, the project is expected to see the construction of up to 334 residential units, along with some 20,000 square feet of commercial space.
Located at 21 S. Sunset Street on the west side of the city, what could be a $100 million project is specifically designed to respond to a growing Longmont population in search of more housing options.
By giving a green light to annexing the land, the City of Longmont will also have a greater input in managing the land use of the site.
According to city documents, one of the primary goals in building the project will be to “enhance economic vitality along the St. Vrain Corridor in an environmentally sustainable and sensitive manner.”
A timeline for when work will begin on the project has not yet been announced, but earlier reports have suggested that work could begin by the latter part of 2023.
By Garry Boulard