Moving Forward TogeTher - City of Glenwood ...

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Moving Forward TogeTher - City of Glenwood ...
Moving Forward Together
          2021
Moving Forward TogeTher - City of Glenwood ...
Welcome to
Glenwood Springs, Colorado

 Community Overview
 Situated at the confluence of the Colorado
 and Roaring Fork Rivers and the intersection of
 I-70 and SH 82, Glenwood Springs (population
 9,614) is a regional hub that is on the cusp
 of transformation. Best known as a historic
 destination for vacationers with diverse natural
 amenities, most particularly hot springs,
 Glenwood Springs threads together the Roaring
 Fork Valley and a series of smaller towns up and
 down the Colorado and Roaring Fork Rivers.

  Roaring Fork Valley: Gold Level Ride Center
              - International Mountain Biking Association
Moving Forward TogeTher - City of Glenwood ...
Glenwood Springs’ center           Access to world class ski         We value maintaining the
is its downtown commercial         areas and mountain biking,        city’s role as a regional
district, which offers a           a mountain-top adventure          center, promoting sustainable
diverse mix of entertainment       park, spectacular fly fishing,    economic diversity,
and cultural venues, and           kayaking and healing waters       encouraging diverse
retail, government, higher         attracted approximately 1.3       businesses and industries to
education, and professional        million visitors from June 2015   locate to the community, and
offices that serve residents and   to July 2016.                     continuing to encourage the
visitors alike.                                                      development of affordable
                                                                     and attainable housing,
                                                                     especially multi-family and
                                                                     rental units.

                        “one of the 16 best places to live“
                                                                      - Outside Magazine
Moving Forward TogeTher - City of Glenwood ...
Moving forward Together

     Revitalization of the 6th Street Historic Corridor
1    This historic corridor is expected to change dramatically due to the 2018
     completion and realignment of the Grand Avenue (SH-82) and bridge. The 6th
     Street Master plan is a blueprint for future North Glenwood revitalization.

     RERC Technical Assistance Program
2    In 2021, the City will be implementing recommendations from the Recreational
     Economy for Rural Communities Assistance Program. This partnership between the
     City, community stakeholders, and Federal facilitators helped identify six goals for
     the sustainable management of our recreation economy in 2021 and beyond.

     CBN Fiber to Home Expansion
3    Community Broadband Network will begin offering fiber to the home in addition
     to its business offerings within the City of Glenwood Springs. This new fiber network
     will allow CBN to provide unparalleled services on next-generation technology
     which benefits customers in capacity, speed, and reliability.

     8th St. Crossing Redevelopment Area
4    A pending land exchange between the City and the Roaring Fork School District
     at Vogelaar Park is anticipated to allow a portion of the centrally located property
     to be used for development. The 8th Street Crossing Redevelopment Area is one
     of the primary opportunities for future growth in the city.

     South Midland Reconstruction Project
5    Midland Avenue connects South Glenwood to downtown. Reconstruction of South
     Midland will repair dangerous roadway, include the construction of a sidewalk,
     and allow for deployment of municipal broadband infrastructure to existing
     neighborhoods. The project is anticipated to be completed by June of 2022.

     Sayre Park Improvements – Phase I
     The City, in partnership with Game On Camps and Hoop d’Ville, will complete
6    improvements to Sayre Park in 2021, including constructing three new sports
     courts, installing ADA curb ramps and pathways, and making modifications to
     irrigation and wayfinding signage. Sayre Park is a beloved community asset and
     hosts youth sports and community celebrations throughout the year.

     LoVa                                                                                         PRELIMINARY CONCEPT PLAN

7    The LoVa trail will tie into the existing trail system in West Glenwood providing bike and
     pedestrian access from Glenwood Springs to South Canyon and eventually connect
     to Canyon Creek and New Castle. The City is actively pursuing funding for final design
     and construction. The City plans to build a small section of the project in 2021.

     South Bridge
8    The City is actively planning to build South Bridge in South Glenwood to provide
     access from SH-82 to residents along Midland Avenue. This project will also aid the
     opportunity for future development of South Glenwood. The project design will be
     complete in 2021, and could potentially begin construction in 2023.
Moving Forward TogeTher - City of Glenwood ...
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                        Improvements in
                                                                                 4   3
                        Glenwood Springs
                        The City is undertaking several capital projects
                        over the next few years to better serve residents
                        and improve quality of life. These projects invest
                        in connectivity, places for people to gather, and
                        enhanced safety. In all, the projects underway in
                        2021 amount to approximately $17.8 million.

                        Glenwood Springs is a hub for outdoor recreation
                        year-round and the City aims to improve
                        experiences here for residents and visitors alike.
                        On June 1, 2019, Glenwood Springs became the
                        second city in Colorado and the seventh in the U.S.
                        to flip the switch and transition to using 100 percent               6
                        renewable electricity. The City has 13 EV charging
                        stations to stop and use, from Tesla, VW and Charge
                        Point Stations.

                        The eight projects represented on this map are just
                        a few of Glenwood Springs’ ongoing projects. For
                        more information, go to: cogs.us/projects
    November 21, 2019

                        LEGEND
                                   Project Areas
                                   Opportunity Zone
                                   Streets
                                   Railroad                                          5

                                                                                                 8
Moving Forward TogeTher - City of Glenwood ...
Statistics

Glenwood Springs Sector Employment Distribution
The City’s top super sectors for employment in spring 2017 were leisure and hospitality (21.4 percent),
government (21.3 percent), education and health services (20.3 percent) and retail trade (15.6
percent). Source: Colorado Department of Labor and Employment, Quarterly Census of Employment and Wages.

                          Government                                                                                                   21.3%
                   Leisure & Hospitality                                                                                               21.4%
          Education & Health Services                                                                                             20.3%
                           Retail Trade                                                                       15.6%
       Professional & Business Services                                      7.5%
                          Construction                            4.8%
                    Financial Activities                       4.1%
                         Other Services                 2.6%
                      Wholesale Trade            0.8%
                            Information          0.6%
 Transportation, Warehousing & Utilities        0.4%
                        Manufacturing           0.5%
                     Mining & Logging          0.3%                                                                             Percentage

                                           0                    5                   10                  15                   20                  25

        Median                             Mean                                 Number of                            Daytime
   Household Income                   Household Income                          Households                          Population*
         $66,693                               $81,736                              4,459                              16,457
        *This includes the North Glenwood Census tract which stretches beyond city limits to the North. Source: American Community Survey data

Educational Attainment
Bachelor’s degree: 26.2%                       Source: American Community Survey 5-Year Estimates, 2015-2019
Graduate degree: 13.9%

                                                                         Traffic Counts - AADT 2019
Top Employers                                                            Grand Avenue Bridge (Highway 82)                       29,000
Berthod Motors
City of Glenwood Springs                                                 Highway 82 (near Wal-Mart)                             25,000
City Market
Colorado Mountain College                                                Highway 6, west of Laurel St.                          11,000
Garfield County
Glenwood Caverns Adventure Park                                          Source: Colorado Dept. of Transportation
Glenwood Hot Springs Resort
Glenwood Springs Health Care
Gould Construction
Holy Cross Energy                                                        New Sales Tax Collections
Hotel Colorado                                                           The City of Glenwood Springs reported sales tax
Lowe’s                                                                   collections of $18.2 million in 2018. In 2019, sales
Mountain Valley Development Services                                     tax collections were $19.1 million. As of October
Roaring Fork School District RE-1                                        2020, revenue was down roughly 7% as a result
SGM Engineering, Consulting and Surveying                                of the COVID-19 economic crisis. Source: City of
Valley View Hospital                                                     Glenwood Springs Finance Dept.
Moving Forward TogeTher - City of Glenwood ...
Opportunity zones

     The Opportunity Zone program offers a temporary deferral, reduction and potential elimination of
     certain federal capital gains in long-term investments through an Opportunity Fund.
     For more information, go to https://oedit.colorado.gov/colorado-opportunity-zone-program

1    6th Street Corridor Opportunity
     Zone (Census Tract 9516)                                                                   1
     Census Tract 9516 encompasses the 6th Street Corridor
     and North Glenwood neighborhood.

2    Downtown & Commercial
     District (Census Tract 9517.02)                                                     3
     Census Tract 9517.02 captures the downtown
     commercial district, including a portion of the 8th Street
                                                                                                      2
     Crossing area and the Vogelaar Park site.

3    Vogelaar Park Site
     The Vogelaar Park site is part of a not-yet-complete land exchange between the City and the
     Roaring Fork School District that could allow a portion of the centrally located property to be used
     for development.

                             Community Broadband network
                             The City in 2021 is installing a new 150-mile broadband system to serve
                             local businesses and residents throughout the community. The Community
                             Broadband Network anticipates full fiber-to-the-home City coverage by the
                             end of 2021. The first neighborhoods to go online will be Downtown, Cooper,
                             Mountain Shadows, Park West, Gamba Drive, and Cedar Crest.

                             State Enterprise Zones
                             Downtown Glenwood Springs and West Glenwood are designated by the
                             Office of Economic Development and International Trade (OEDIT) as State
                             Enterprise Zones. The Enterprise Zones program offers state tax credits for
                             investors and businesses alike to encourage development in these areas. For
                             more information about the Enterprise Zone Program and to verify eligibility
                             for tax credits, go to: agnc.org/enterprise-zone

                             Sales Tax Rebate Program
                             The City of Glenwood Springs offers a sales tax rebate to offset the costs of
                             certain City imposed fees for qualifying businesses. For information about the
                             sales tax rebate, visit cogs.us/rebate
Moving Forward TogeTher - City of Glenwood ...
Debra Figueroa | City Manager | 970-384-6441

Jenn Ooton | Assistant City Manager, Economic and Community Development | 970-384-6404

              Matt Nunez | Economic Development Specialist | 970-384-6424

   Glenwood Springs City Hall | 101 W. 8th Street | Glenwood Springs, CO 81601
                      www.cogs.us/economicdevelopment
Moving Forward TogeTher - City of Glenwood ... Moving Forward TogeTher - City of Glenwood ...
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