Urban Renewal

Outdoor dining at Belmar3
Lakewood voters approved the formation of the Lakewood Reinvestment Authority (LRA) on November 4, 1997, and appointed the Lakewood City Council to serve as the Board of Commissioners. The LRA operates in accordance with Colorado Revised Statutes Urban Renewal Law 31-25-1. 

LRA Mission and Goals

Mission Statement
The fundamental mission of the LRA is to encourage private reinvestment within targeted areas of Lakewood. The LRA has been created by citizens to enhance the City's ability to preserve and restore the vitality and quality of life in the community.

Goals


Maintain a Strong Identity and Image for Lakewood

Lakewood's blend of rural and urban/suburban environments is unique among Denver metro communities. Lakewood has strong character, and a special image that reflects the needs of its residents and underlying physical organization.

Assure Economic Soundness of Public/Private Development

The activities of the LRA are joint efforts between the LRA and private investors. For the sake of both entities, the economic viability of proposed projects is priority.

Increase the Tax Base
It is important to maintain and improve these city services upon which Lakewood residents rely for their quality of life. Because Lakewood relies heavily on its retail tax base, it is necessary to encourage positive redevelopment of retail sales sites.

Questions, Complaints, Concerns?

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Contact Information:

Lakewood Reinvestment Authority
480 S. Allison Parkway
Lakewood, CO 80226
Direct: 303-987-7050

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FAQs

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"What's going on at...?"
What incentives are there to help me start or grow a business?
Do I have to pay additional taxes if my property is in a reinvestment area?
Does being in a reinvestment area affect property values?
Where may I get City demographic information?
Where may I get traffic counts for Lakewood streets?
How does reinvestment benefit Lakewood businesses?