In a meeting on Thursday, the CSU System Board of Governors approved demolition and deconstruction of the former CSU staidum, Hughes Stadium, which resides in west Fort Collins off of Overland Trail.
With the stadium being completely demolished, it will make it easier for any developer to decide to move forward with plans for the site.
The demolition or deconstruction is estimated to cost $4 million to $6 million and will take between nine and fourteen months. The price range is due to the amount of effort dealing with hazardous materials during the process. CSU has their plan to balance the cost with the sale of the property.
“This deconstruction is not only important for the disposition of the property and our process but also because we are paying minimum maintenance and utilities on the property to prevent it from becoming a nuisance and keep it in a safe condition,” said Parsons.
CSU’s development consultant, ICON Venue Group, had told the university official that developers will be more interested in the property if the school took on the demolition and risks which separates it from the development process.
Parsons said that Larimer County and the city of Fort Collins are both interested in having CSU annex the property into the city limits. Potential developers are also interested in seeing this happen and the annexation and demolition can happen when starting the bidding process
Parsons commented that she feels the school has done a good job in the efforts of outreach as they have listened to around 200 neighbors in their concern of property use. In a future session on October 18th, they will focus on getting opinions from a more broad group of people about plans for the venue.
“These sessions and our outreach efforts are designed to help us and to help future developers understand community priorities,” Parsons said.
Some of the main concerns that have already been brought into question include increased road traffic, density and buildings possibly blocking the view of Horsetooth. Some have advocated using the property as open space. The Board of Governors will ultimately decide what happens with the property come the time to sell. The goal is to enter negotiation in spring and to have a contract completed by summer.
As of now, CSU is getting ready to sbegin the bidding process in the last quarter of the year. They are working with an advisory committee in order to rank proposals, select only five ideally and work on the annexation process.
Parsons said that when a developer take on the project they will be responsible for community outreach efforts.
“We’re purposely taking our time … with this process and give proposers enough time to get thoughtful information to us and vice versa,” she said.
Member of the board Kim Jordan asked about plans for possible sustainable deconstruction of Hughes, which she realized would cost more but is something that she has been asked numerous times.
Parsons did say it is something that the university facilities team will keep in mind during the process and as the school goes to market.