Urban Renewal Authority Purchases Mile High Greyhound Park
The Commerce City Urban Renewal Authority (URA) announced in early August the purchase of the former Mile High Greyhound Park, a 65-acre site in the heart of Commerce City, which is targeted for redevelopment.
The property, one of three identified urban renewal areas within the city, was purchased by the URA to help the city in redeveloping the site as a mixed-use development. Its close proximity to major highways and future two commuter rail lines, as well as its designation as a Colorado Enterprise Zone—which encourages development by offering possible tax credits to businesses that choose to develop there—make it a target for infill development.