At our March 4 City Council meeting this week, the City Council granted the final approvals for the proposed Presbyterian Homes project. The project will replace the Castle Ridge/Broadmoor development. It will consist of over 700 units of housing, 70,000 square feet of retail space and a stand alone CVS pharmacy. The estimated value of the project is over $200,000,000.
The Presbyterian Homes project is one of the key redevelopment projects in our Town Center area that we believe will be a real catalyst for other redevelopment projects in the area. The final approval of the City Council was the last approval needed by the project to proceed. The first thing you will see as a result of the Council’s approval will be the construction of the new CVS pharmacy at the corner of Columbine Road and Prairie Center Drive. Look for that project to start yet this summer.
