Colorado City's $279 Million Mall Subsidy

Broomfield, CO, has agreed to a huge business subsidy to spark economic growth.

1 minute read

April 17, 2001, 6:00 AM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech

"Broomfield city officials were so gung-ho to attract the new FlatIron Crossing mall and neighboring stores that they agreed to pay developers one of the largest business subsidies in the history of Colorado - $279.5 million. [Broomfield's] solution: Let the developer build all the roads and water and sewer lines for the mall, and let the city repay the developer for the work over time."

Thanks to Dan Tasman

FULL STORY: Mall subsidy tops $279 million

Monday, April 16, 2001 in The Denver Post

Community / Economic Development Colorado

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