ULI Colorado- Advancing Community Benefits: Shaping Policy Tools for Affordable Commercial Space in Boulder

When

Wednesday, October 28th, 2020
3:00pm - 5:00pm MDT

Pricing

Standard Pricing Until October 28 Members Non-Members
Private $10.00 $20.00
Public/Academic/Nonprofit $10.00 $20.00
Retired $10.00 N/A
Student $10.00 $20.00
Under Age 35 $10.00 $20.00

A community benefits program is a tool to ensure that new growth and development contribute positively to the community’s quality of life in exchange for additional building height, floor area or density. The City of Boulder is currently investigating the potential for promoting the development of below-market-rate commercial space by allowing its developers to add a 4th or 5th story over the zoning district height limit (no taller than the city charter limit of 55 feet). ULI Colorado will be hosting this virtual event to garner feedback on whether and how such a program could work before the City finalizes decisions about the program in early 2021.

During this event, we’ll hear from City staff, local developers, and local tenants, as well as hearing guidance from Prosper Portland, which has implemented a similar program in Portland, OR. Attendees will have the opportunity to weigh in on the issue during a Q&A moderated by John Tayer, President & CEO of the Boulder Chamber.

Event Agenda:
  • 3:30-3:35 pm:
    Welcome from ULI Colorado & Boulder Committee Co-Chairs
  • 3:35-3:50 pm:
    Keynote address by Karl Guiler, Senior Planner for the City of Boulder, about the expansion of the City’s community benefits program to include affordable commercial in Boulder
  • 3:50-4:30 pm:
    Panel session on case studies and solutions for supporting affordable commercial in Boulder. Panelists include:
    Christine Velasquez, Project Manager, Prosper Portland
    Andy Bush, Founder & Principal, Morgan Creek Ventures
    Chuck Hunker, Consultant, Boulder Small Business Development Center
    Dave Bolduc, Owner, Boulder Book Store
    Qin Liu, Owner, Ku Cha House of Tea
  • 4:30-5 pm:
    Q&A moderated by John Tayer, President & CEO, Boulder Chamber

About Community Benefits in Boulder:

The City of Boulder’s Community Benefit program began in 2018 with the goals of exploring how affordable housing, art space, and transportation improvements could be obtained through development projects. In 2019, City Council adopted Ordinance 8359, which established new Site Review criteria requiring community benefit in the form of additional permanently affordable housing requirements. Staff is now moving forward with Phase 2, which includes consideration of additional community benefits such as below market rate commercial space, space for the arts, social services, and net zero buildings. Click here to learn more about Community Benefit Phase 2 and click here to provide input via the City’s survey.
 

Speakers