HomeMy WebLinkAboutPROSPECT PARK PUD - PRELIMINARY - 21-95 - MEDIA - (5)W"
Business writer.
Robert Baun. 224-7742
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Broker mum on Payless possibility
Drugstore could be part of Prospect -Shields development
By ROBERT BAUN
The Cdoradwri
A vacant lot close to Colorado
State University could be home to
a new drugstore, a bank and an
office building, according to a pro-
posal made by the property own-
ers.
Plans for the 6.2-acre lot, at the
southwest corner of Prospect
Road and Shields Street, tenta-
tively call for a 15,000-square-foot
Payless Drug Store.
A real estate broker for the site,
Growth
known as the Mullaney property,
declined to talk about the project,
saying that negotiations with ten-
ants were not complete.
However, documents at the
Fort Collins City Planning De-
partment said 'potential uses in-
clude a Payless" store.
Other proposed uses include a
two-story bank, two-story medical
office building and a multi -tenant
retail building, said Emily Smith,
a representative for the Prospect -
Shields Neighborhood Associa-
tion.
"What the developer would like
to do is make these non -high traf-
fic generating uses," said Smith,
who has discussed the plans with
the project architect.
Lest year, Albertson's proposed
a new grocery store at the same
corner. However, the company
has since committed to building a
store at North College Avenue
and Willox Drive.
The site previously was ru-
mored as a new apartment com-
plex.
"Our criteria for this site is
something that would be of ben-
eficial use for the neighborhood,"
Smith said. `Y don't know how the
neighborhood at large will feel."
Meanwhile, plans for the
Spring Creek Village project near
Prospect and Shields remain on
the drawing board. The owner of
~is s next
A neighborhood meeting is
scheduled for 7 p.m. today to
discuss a commercial develop-
ment at the southwest comer of
Prospect Road and Shields
Streel. The meeting will be at
the Plymouth Congregational
Church, 916 W. Prcepecl Road.
the site plans to seek final ap-
proval for the combined residen-
tial -commercial development
sometime this year, Smith said.