Navigating Public-Private Partnerships Public Funding Assistance and Design Guidelines for Gypsum, Colorado Project Summary Community: Gypsum, Colorado Technical Assistance: Public Funding Support, Site Design Memorandum Former Use: Maintenance Yard Future Use: Commercial Uses The Town of Gypsum is located in Eagle County, along Colorado's primary east-west transportation route (1-70). The town is in the heart of Colorado's acclaimed resort region, near the world-class mountain resorts of Vail and Beaver Creek. The site area is currently a Colorado Department of Transportation (CDOT) maintenance yard located adjacent to US-6 (Grand Army of the Republic Highway). The town has grown up around the yard and other industrial sites along 1-70 and US-6 and currently has no town square/central gathering place with mix-use commercial activity. Redeveloping the maintenance yard provides an opportunity to create such an amenity for the surrounding communities. The Community's Challenge While the town has many ideas as to how the town center could be revitalized, questions remain as to what commercial enterprises might have the best chances of thriving at this location and how the maintenance yard can be integrated into the existing vision for Gypsum's downtown. The town has been working closely with a local development team (Aspect Development) on possible reuse visions for the downtown. Aspect Development currently owns several properties surrounding the CDOT site and is currently in negotiation for the CDOT site itself. The town is seeking assistance in navigating redevelopment processes for the site as well as identifying potential site reuse options. EPA's Land Revitalization Technical Assistance In 2022, the U.S. Environmental Protection Agency (EPA) Land Revitalization Program provided contractor technical assistance to deliver finance training as well as to develop site reuse options. The support included in-person public finance training for Gypsum staff on public investment, public-private partnerships, investment goals, investment rate of return, and economic development planning. Equipped with this training, the town was also provided with an economic and fiscal impact model unique to Gypsum to assess and estimate impacts from economic development projects. A sample public financing application was provided to establish a process of public- private partnerships in redevelopment. An accompanying site reuse design memo outlined key design principles for the site. The memo provides site placement suggestions for desired uses such as retail, hotel, residential, and public spaces, supported by an overall urban strategy on street frontage, street connections, and other urban design elements. Urban Design Strategies for Redevelopment map?:?. s.rr>,v*': For more information, contact Tim Rehder, EPA Region 8 Brownfields Program, at rehder.timothv@epa.gov.. STATISTICS RETAIL AREA 8lVDTOMrA6EHET~ SEPA United States Office of Brownfields and Land Revitalization Environmental Protection Agency 560-F-23-333 ------- |