The University of Colorado Board of Regents will be presented Thursday, Aug. 5, with a Grandview Terrace development plan that reflects a compromise reached between Historic Â鶹¹ÙÍø and the Â鶹¹ÙÍø campus with participation and involvement by the City of Â鶹¹ÙÍø.
Grandview Terrace is a transitional area between the city and the main campus of the university, north of University Avenue and east of Broadway.
In the compromise proposal, Grandview Terrace will be the site of 550,000 square feet of academic and research space that will preserve the historical integrity of 10 buildings on the periphery of the area, as well as an enclave of four to five bungalows in a section between 13th and 15th streets on the north side of Grandview Avenue.
The remaining bungalows outside the designated enclave will either be relocated or demolished. The possibility of moving one or more bungalows into the designated enclave was included in the compromise.
The agreement was reached using a mediator provided by the City Manager's office who met in several meetings with representatives from the city, Historic Â鶹¹ÙÍø and the university.
The university, city and Historic Â鶹¹ÙÍø have agreed to work together to determine the feasibility of relocating bungalows that would otherwise be slated for demolition to other locations within the City of Â鶹¹ÙÍø. The university has proposed offsetting relocation costs with a contribution equal to what the university would pay for demolition.
City Manager Ron Secrist has expressed his willingness to work along with the city's Housing Authority to explore and consider temporary and permanent relocation possibilities within the city for the bungalows. If the bungalows cannot be relocated prior to the university's redevelopment needs, it is understood by all parties that the bungalows will have to be demolished.
"Historic Â鶹¹ÙÍø voted to endorse the plan and is prepared to work with the university and the City of Â鶹¹ÙÍø toward the fulfillment of the plan," said Alan Hafer, executive director of Historic Â鶹¹ÙÍø.
"We are most pleased by this outcome," said Paul Tabolt, vice chancellor for administration at the university. "We have been investing in the Grandview area since l961, and we believe this agreement balances our stewardship of public resources with the need for remembering our heritage in Â鶹¹ÙÍø."
Past Mayor of the City of Â鶹¹ÙÍø Leslie Durgin, City Councilmember Gordon Riggle and others who helped bring the parties together and provided leadership, said good will, taking time for discussion and willingness to compromise has created a plan that benefits the university and the community.
The CU Board of Regents will review the proposed agreement Thursday at its regular monthly board meeting.