HomeCDOTActivists fear city, nonprofit working to replace golf with development and flood control in Park Hill

Comments

Activists fear city, nonprofit working to replace golf with development and flood control in Park Hill — 6 Comments

  1. As another alternative to my previous post, what if the City and County of Denver acquires the Park Hill Golf Course property for $14 million? The City could keep the property as open space and a golf course and accommodate the stormwater detention it needs on the property under the Platte to Park Hill Stormwater Detention System. If Clayton spends 5% of the $14 million each year, they’ll be back to the $700,000 per year they’re currently receiving from the golf course lease. Seems like a win for the City, a win for Clayton and a win for the beneficiaries of the perpetual Conservation Easement — the citizens of Denver.

  2. Any City Council member who ops for a zoning change to turn Park Hill into a development….please heed this,, I will talk to friends/neighbors to talk to their friend/neighbors to talk to their friends/neighbors and RNO’s to vote those people out of office and any other office they may seek. I will make it my mission in life…..and I know a lot of people…..developers have several votes…neighborhoods have MANY…..

  3. I’ll take a shot at answering some of the questions I raised in an earlier comment:

    It’s easiest to value the release of the perpetual Conservation Easement and approval of the Zoning together. Let’s say the value of the golf course with the Perpetual Conservation Easement in place is $5 million. Then, let’s say the value of the 155-acre property after the perpetual Conservation Easement is released and the property is rezoned is $25 million. This means that together, the value of the perpetual Conservation Easement and Zoning is $20 million.

    If the value of the 155 acres after the perpetual Conservation Easement is released and the property is rezoned is $25 million ($161,290 per acre), then the value of an Inundation Easement on 25 acres — which will no longer be developable with the Inundation Easement is in place — is arguably the value of of 25 acres of rezoned land that can’t be developed or about $4 million ($161,290 per acre times 25 acres).

    Why is the City and County of Denver willing to release the perpetual Conservation Easement and approve Zoning that together are worth $20 million and in the process lose irreplaceable open space in exchange for an Inundation Easement that is worth only $4 million? Instead, why not pay Clayton $4 million in cash for the Inundation Easement and leave the perpetual Conservation Easement and golf course in place? The $4 million would increase the $300 million budget for the Platte to Park Hill Stormwater Detention System by only 1.3%.

    If Clayton can sign a new lease on the course for $500,000 per year and spend 5% of the $4 million each year — or $200,000 — they’ll be back to the $700,000 they’re getting from the lease right now.

  4. It is astounding to me that intellectual critical thinkers and activists do not recognize climatic changes and support proactive measures.

  5. I caution City Council that ANY re-zoning of Park Hill GC other than it’s present zoning will result in very unfavorable conditions for those council members who approve of such change…It has remained an open space/golf course for nearly 100 years and MUST remain so.

  6. From the article, it sounds like the City and County of Denver is negotiating with Clayton to release the perpetual Conservation Easement on the Park Hill Golf Course — for which the City paid Clayton $2 million in 1997 — and to approve zoning on the property that Clayton wants for commercial and residential development in exchange for an Inundation Easement on 25 acres of the property that the City needs for its Platte to Park Hill Stormwater Detention System and CDOT’s I-70 expansion.

    This raises several questions:

    Can the City release a perpetual Conservation Easement granted to the City for fair value? Even if it can, should it?

    What is the value of the 25-are Inundation Easement?

    What compensation is the City providing Clayton in exchange for the Inundation Easement?

    What is the value of the Conservation Easement?

    What is the value of the zoning?

    How did they arrive at these values?

Leave a Reply

Your email address will not be published. Required fields are marked *

HTML tags allowed in your comment: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>