To: Members of the Planning Commission
From: Sandy Vossler, Senior Planner, Development Services Department
Title
Territorial Road Annexation [4.7 acres, located west of Interstate 25 and south and west of Crystal Valley Interchange]
Body
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Executive Summary
Town of Castle Rock (Town) and ACM Dawson Trails VIII JV LLC (ACM Dawson Trails) propose to annex 4.7 acres consisting of parcels that comprise the Territorial Road right-of-way and other parcels acquired by the Town for future right-of-way (Attachment A and Figure 1).
With the alignment and construction of the Crystal Valley Interchange (CVI) and removal of the west frontage road, most of the Territorial Road right-of-way is no longer needed. In November 2023, the Town exchanged certain Territorial Road parcels with ACM Dawson Trails, for property necessary for the CVI alignment. All the parcels in the annexation area will be zoned Planned Development (PD) within Dawson Trails. The parcels owned by the Town will be designated as public land that allows for public right-of-way (ROW). The parcels owned by ACM Dawson Trails will be incorporated into the adjacent planning areas as established in the Dawson Trails PD.
Key Benefits of Proposed Annexation
• Incorporate Town-owned right-of-way providing for consistent application of the Municipal Code, law enforcement and emergency services.
• Incorporate developer-owned parcels into the Town to allow development compliant with Town standards and criteria, capture sales tax generation, and to allow uniform enforcement of the Municipal Code, law enforcement and emergency services.
Attachments
Attachment A: Vicinity Map
Attachment B: Annexation Map
Attachment C: Parcel Exhibit
Attachment D: Proposed Zoning
Attachment E: Neighborhood Meeting Summaries