HomeMy WebLinkAbout431 E. LAUREL STREET REPLAT (ROLLINS SUB.) - PDP - 30-10 - CORRESPONDENCE - CITIZEN COMMUNICATION (17)Page 2 of 2
Mike Jensen Broker/Partner
Keller Williams Realty of Northern Colorado
Direct: `970) 212-2420 Email: mike(a),fortcollinsre coin
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1 /7/2011
Page 1 of 2
Ted Shepard
From: Mike Jensen [mike@fortcollinsre.com]
Sent: Friday, January 07, 2011 2:10 PM
To: Ted Shepard
Subject: 431 Laurel Street Replat/Subdivision
Hi Ted,
I became aware of a project that is going to be considered soon by City Staff, and I wanted to make sure and
weigh in on the project.
Can you please make sure this is delivered to the appropriate person that will be hearing and reviewing this
case?
I am strongly in support of this Replat and Subdivision on this property in this location.
As you know I own, manage & invest in property in this area I also work as a real estate broker focusing my sales
and leasing career extensively on this particular part of town.
I am a strong advocate for Old Town, and for the last 19 years I have lived and worked in this particular part of
town in Fort Collins.
There is a need here that is not being met, and hence a project such as this is being proposed. There are many,
many people who want and desire to live in this area of town, however there is simply a shortage of available
opportunities to do so.
When you have a shortage of supply and an increase in demand, you create an affordability issue. There is a
huge affordability issue in this area of town for both Buyers as well as Renters.
A project like this is another step towards helping meet these needs, and anytime we can add more well thought
out living units like this project will be, then we have to support them and ensure that they happen.
It's good for the environment as people are biking and walking to where they need to go, rather than creating
more congestion and traffic pollution. The Mason corridor will further help this, and we need people living right
by our rapid transit that is just around the corner.
I have reviewed the project and considered the attractive and well thought out end result, this is very
complimentary and very much in line with the existing neighborhoods including lot orientation as well as size
and scale of the project.
It is also a positive thing for our local economy with more building and spending, there are more jobs, with new
housing there are additional property tax revenues. We need to encourage and support smart infill growth like
this. This is one thing that is a key to successful Downtown's and cities across America. We also need to provide
more quality offerings in this immediate area, as when homes get to be 100 years old+ some of them tend to get
dilapidated from neglect by the owner. Rick and Ruth are not those types of owners, and creating and building a
new project like this adds to the overall quality of the area. I am personally familiar with the high quality types of
projects and properties that Rick and Ruth involve themselves in. I have seen the end results and the great
products and projects that they choose particularly to work on, they will do this right. I couldn't be more certain
that this is a complimentary and sensitive addition to this neighborhood. We really need to make sure that
people like this continue to work, invest, and be creative, in turn adding value to our City as a whole by
supporting them in their endeavors. I strongly support this effort they are making, and hope that the City staff
will do so also. Thank you so much for taking the time to read my letter of support, I look forward to seeing this
completed and approved.
Best Regards,
1 /7/2011