Project Area Info
Project Area Highlights:
PURA purchased “HARP Lot 4” with the intention of developing a 3-story, energy-efficient commercial building. Through a competitive bidding process, PURA entered into a Development and Reimbursement Agreement with selected developers to carry out the 17,342 square foot project.
PURA facilitated development primarily through Developer Reimbursement. In addition, PURA financed the fire sprinkler system and entered into parking agreements to satisfy City requirements.
HARP Lot 4 is now known as the EcoWalk Building and is at full occupancy. This building is home to the PURA offices, Banner & Bower Attorneys at Law, Morgan Stanley, American Vein Institute and 1129 Spirits and Eatery.
Pueblo Convention Center
The Phase I Downtown Urban Renewal Area was established by Pueblo City Council in 1986 to remove blight and facilitate the development of a convention center and downtown hotel.
The Pueblo Convention Center opened its doors on June 13, 1997. In 2009, PURA invested in a $2 million expansion called “Heroes Pavilion” and again ten years later in 2019, expanded to include an exhibit hall and Sport Performance Center for the Professional Bull Riders (see Regional Tourism Act project to learn more). This $35 million project was completed in 18 months.
Downtown Phase I expired in 2011. At that time, property taxes increased by $207,000 throughout the lifespan of the project area. Since then, the Downtown project area was amended to include an Expanded area that is set to expire in 2029.
Parking Garages to Facilitate Development
The Main Street Parking Garage (MSPG) was built to facilitate a project that would serve as a major employment center downtown, now knows as the AT&T call center.
MSPG contains 704 spaces and is under shared ownership by the City of Pueblo and Pueblo Urban Renewal Authority. MPSG is currently used by existing businesses for employee parking and downtown festivities for the community.
The Pueblo Convention Center garage was a component of the Regional Tourism Act expansion project. This garage contains 458 spaces and is used for largescale Conventions and Events.
In 2021, to meet the demands of the emerging trend in electric vehicle travel, 12 Tesla Superchargers were installed. These stations will drive additional business to Pueblo’s City Center restaurants and merchants.
PURA has also partnered with local businesses as a grant partner for historic preservation.