power plant, which the city purchased.Through EPA grants, we’re aiming to clean up the site and create investment opportunities there.” The Colorado Outdoors area, a mixed-use development, has become a key growth zone. Bell describes its potential: “We have a lot of available land, and while it’s pricier per square foot than other places in town, it’s a prime spot for businesses. Around the south side of this urban renewal authority area, especially along the river, there’s space for restaurants, boutique shops, and other small retail businesses. We’re working with private owners and welcoming developers interested in bringing projects to Colorado Outdoors. Incentives for this area are managed by the Montrose Urban Renewal Authority (MURA)”, said MURA Executive Director William Bell. Housing affordability remains a pressing issue due to rising property values.“Home prices in Montrose have skyrocketed,” Russo notes.“We’ve seen houses businesses want to be near it because hotel guests bring built-in foot traffic. Restaurants, shops, and other services are cropping up to meet that demand.” The mix of mom-and-pop ventures and small-scale entrepreneurial efforts adds a unique vibrancy to downtown Montrose. Russo remarks, “We’re seeing local retailers and restaurant owners stepping up to fill the space. It’s about cultivating a community where businesses support each other and where visitors can enjoy the charm of a historic downtown paired with modern amenities.” EXPANDING BUSINESS OPPORTUNITIES BEYOND DOWNTOWN While Montrose’s downtown redevelopment garners much attention, efforts to create economic opportunities extend across the city. Russo outlines the city’s current focus: “We do have some brownfield opportunities, even downtown. For instance, there’s an old laundromat for sale with tanks that need removal. We’re also working on the former Bullock For 75 years, We’ve Cared for you like family. We’re growing locations, adding providers, and featuring the most advanced services. We’re proud to continue to provide the best care available for you and your family. All right here in Montrose. 7 CIVIL AND MUNICIPAL VOLUME 06, ISSUE 02 MONTROSE, CO
RkJQdWJsaXNoZXIy MTI5MjAx