Source: http://www.westword.com/news/jeffco-battles-over-proposed-car-dealerships-next-to-dino-ridge-8672438
There are two related items from the same area that I want to write about. First, the proposed development of the area around C-470 and Alameda Parkway, which the Westword article explains very well.
Second, the failed Mt. Carbon development just southeast of that intersection. In the early 1980s, there was a proposed development in which more than $100 million was invested with not much to show for it. It was repossessed by an S&L, which failed, and then the Resolution Trust Corp took control, but was unable to sell it. It was then inherited by the FDIC, which couldn't sell it. The city of Lakewood refused to buy it for open space. The metropolitan district went into bankruptcy and shed some of its debt. In about 2005, a new development, called Springfield Green was planned for the area. The neighbors wanted the area for open space and raised massive opposition to the project so it stalled again.
The project now is called "Rooney Valley". It consists of 2,200 acres of land in Lakewood, Morrison and unincorporated Jefferson County. The promoters hope to build about 3000 housing units and almost 2 million square feet of retail, commercial, and light industrial space. This project deserves more complete coverage and I will probably write more about it.
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