COS City Council approves new downtown development; neighbors worried it will price them out

COLORADO SPRINGS, Colo. (KRDO) -

KRDO13 reached out to Norwood Development about the city council's vote today:

"Norwood appreciates City Council’s approval of the Moreno and Cascade Urban Renewal Plan and supports the neighborhood’s right to passionately participate in today’s meeting.

The Catbird Hotel will be an excellent addition to downtown and a good neighbor to the residents of Mill Street. Phase II of the plan includes approximately 75–110 new attainable housing units. As Phase II advances, we will refine key project components such as the household incomes served, exact unit count and mix, and available funding mechanisms to support long-term affordability.

Todays meeting proves that public dialogue, discourse and disagreement can be both difficult and productive. We look forward to meeting with the residents of Mill Street as Phase II planning advances."