Agenda Date: 12/09/2025
Subject:
Title
Project Downtown Economic Impact Study results
Body
From:
James L. Becklenberg, City Manager
Prepared by:
Adrienne Burton, Director of Major Projects
Presentations:
Adrienne Burton, Director of Major Projects
Rachel King, Director of Economic Development
Brian Garner, Economic Development Manager
Tom Kiler, Spark & Halo
Nick Melfi, Jenn Todd-Goynes and Eric Hiraga, Matrix Design Group
Lily Djaniants, ZGF Architects
Arleen Taniwaki, Arland Land Use Economics
PURPOSE:
The purpose of this study session is to present the findings of the Economic Impact Study (EIS) for Project Downtown, which evaluates potential economic return, private development feasibility, and long-range fiscal impacts associated with varying levels of public investment in Downtown Littleton.
This analysis is a point-in-time model prepared specifically for Project Downtown and the assumptions available today. It is not a land-use recommendation, not a proposal to change density, and not a commitment to pursue the maximum investment scenario. The study simply provides a comparative data model to inform planning and financial decision-making.
The EIS assesses three levels of public investment-No Investment, Medium Investment, and Maximum Investment-and models how each scenario could influence Downtown's long-term economic performance, business activity, redevelopment feasibility, and City revenue growth over a 30-year period. Scenario outcomes are modeled using standard economic techniques required in the City's Request for Proposal (RFP) and are not an expression of staff's preferred policy direction.
This study session supports Council's ongoing discussion about capital prioritization, long-term financial stewardship, and the role of Project Downtown within the broader capital financing framework presented in September 2025. At the September 9th study session, City Council provided general direction to staff to advance the design of Phase I im...
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